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HR 6895In committeeEconomy & Budgethouse
Debt Solution and Accountability Act
Introduced Dec 18, 2025 by Rep. Lloyd Smucker
IntroducedCommitteeFloorCongressLaw
It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.
Latest action · Dec 18, 2025
Referred to the House Committee on Ways and Means.
What it does
This bill requires the Department of the Treasury to submit to Congress a debt report and a statement of intent on (1) any date on which the debt subject to limit reaches 99.5% of the federal debt limit, and (2) the date that is one month before the expiration of a suspension of the debt limit.
The debt report must include
the historical levels of the debt, current amount and composition of the debt, and future projections of the debt;
the drivers and composition of future debt; and
Read the full summary on Congress.govSummary by the Congressional Research Service.
Roll-call votes
No floor votes yet — it hasn't reached the floor of either chamber.