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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6952 Introduced in House (IH)]

<DOC>

118th CONGRESS
  2d Session
                                H. R. 6952

 To amend title 31, United States Code, to provide for a joint meeting 
of the Congress to receive a presentation from the Comptroller General 
 of the United States regarding the audited financial statement of the 
               executive branch, and for other purposes.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                            January 11, 2024

Mr. Moore of Utah (for himself, Mr. Peters, Mr. Barr, and Mr. Panetta) 
 introduced the following bill; which was referred to the Committee on 
 House Administration, and in addition to the Committees on Rules, and 
the Budget, for a period to be subsequently determined by the Speaker, 
 in each case for consideration of such provisions as fall within the 
                jurisdiction of the committee concerned

_______________________________________________________________________

                                 A BILL

 
 To amend title 31, United States Code, to provide for a joint meeting 
of the Congress to receive a presentation from the Comptroller General 
 of the United States regarding the audited financial statement of the 
               executive branch, and for other purposes.

    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 ``Fiscal State of the Nation Act''.

SEC. 2. ANNUAL JOINT MEETING OF CONGRESS TO RECEIVE PRESENTATION BY 
              COMPTROLLER GENERAL.

    Section 331 of title 31, United States Code, is amended by adding 
at the end the following:
    ``(f) Annual Joint Meeting of Congress To Receive Presentation by 
Comptroller General.--
            ``(1) In general.--Not later than 45 days (excluding 
        Saturdays, Sundays, and holidays) after the date on which the 
        Secretary of the Treasury submits to Congress the audited 
        financial statement required under subsection (e)(1), on a date 
        agreed upon by the Speaker of the House of Representatives and 
        the President pro tempore of the Senate and the Comptroller 
        General of the United States, the Congress shall hold a joint 
        meeting (hereafter in this subsection referred to as the `Joint 
        Meeting') to receive a presentation from the Comptroller 
        General reviewing the findings of the audit required under 
        subsection (e)(2) and providing, with respect to the 
        information included by the Secretary in the report 
        accompanying such audited financial statement, an analysis of 
        the financial position and condition of the Federal Government, 
        including financial measures (such as the net operating cost, 
        income, budget deficits, or budget surpluses) and 
        sustainability measures (such as the long-term fiscal 
        projection or social insurance projection) described in such 
        report.
            ``(2) Presentation of statement in accordance with gao 
        strategies and means.--The Comptroller General of the United 
        States shall ensure that the presentation at the Joint Meeting 
        is made in accordance with the Strategies and Means of the 
        Government Accountability Office, so that the presentation will 
        provide professional, objective, fact-based, nonpartisan, 
        nonideological, fair, and balanced information to the members 
        attending the Joint Meeting.
            ``(3) Open meeting.--The Joint Meeting shall be open to the 
        public, including to radio, television, and still photography 
        coverage.
            ``(4) Effective date.--The requirement under paragraph (1) 
        shall apply with respect to any audited financial statement 
        submitted on or after the date of the enactment of the Fiscal 
        State of the Nation Act.''.

SEC. 3. INCLUSION OF FINDINGS AND ANALYSIS OF FISCAL STATE OF THE 
              NATION IN CONCURRENT RESOLUTION ON THE BUDGET.

    Section 301(a) of the Congressional Budget and Impoundment Control 
Act of 1974 (2 U.S.C. 632(a)) is amended by adding at the end the 
following: ``Each concurrent resolution on the budget shall include a 
statement of findings informed by the most recently conducted Fiscal 
State of the Nation presentation under section 331(f) of title 31, 
United States Code, and any other appropriate information on the fiscal 
condition of the United States.''.
                                 <all>
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