Debt Solution and Accountability Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 6895 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 6895 To provide further means of accountability with respect to the United States debt and promote fiscal responsibility. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 18, 2025 Mr. Smucker (for himself and Mr. Suozzi) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To provide further means of accountability with respect to the United States debt and promote fiscal responsibility. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Debt Solution and Accountability Act''. SEC. 2. SECRETARY OF THE TREASURY REPORT TO CONGRESS BEFORE DEBT LIMIT IS INCREASED. (a) In General.--Subchapter II of chapter 31 of title 31, United States Code, is amended by adding at the end the following: ``Sec. 3131. Report before debt limit is increased ``(a) In General.--On each specified reporting date, the Secretary of the Treasury shall submit a report to the Committee on Ways and Means of the House of Representatives, the Committee on Appropriations of the House of Representatives, the Committee on the Budget of the House of Representatives, the Committee on Finance of the Senate, the Committee on Appropriations of the Senate, and the Committee on the Budget of the Senate consisting of the following: ``(1) Debt report.--A report on the state of the public debt, including-- ``(A) the historical levels of the debt, current amount and composition of the debt, and future projections of the debt; ``(B) the drivers and composition of future debt; and ``(C) how the United States will meet debt obligations, including principal and interest. ``(2) St