I 
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 Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Debt Solution and Ac-
countability Act’’. 
SEC. 2. SECRETARY OF THE TREASURY REPORT TO CON-
GRESS 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: 
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‘‘§ 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 Rep-
resentatives, the Committee on Appropriations of the 
House of Representatives, the Committee on the Budget 
of the House of Representatives, the Committee on Fi-
nance of the Senate, the Committee on Appropriations of 
the Senate, and the Committee on the Budget of the Sen-
ate consisting of the following: 
‘‘(1) DEBT REPORT.—A report on the state of 
the public debt, including— 
‘‘(A) the historical levels of the debt, cur-
rent 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) STATEMENT OF INTENT.—A detailed ex-
planation of— 
‘‘(A) proposals of the President to reduce 
or slow the growth of the public debt in the 
short term (the current and following three fis-
cal years), medium term (approximately five to 
nine fiscal years), and long term (approximately 
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ten to twenty-five fiscal years), and proposals of 
the President to lower the debt-to-gross domes-
tic product ratio; 
‘‘(B) the impact (including the impact on 
future Government spending, debt service, and 
the position of the United States dollar as the 
international reserve currency) of increasing the 
debt limit and of leaving the debt limit un-
changed; and 
‘‘(C) projections of fiscal health and sus-
tainability of major direct-spending entitlement 
programs (including Social Security, Medicare, 
and Medicaid). 
‘‘(b) PROGRESS REPORT.—Not more than 180 days 
after any date on which any increase, or suspension, of 
the limitation imposed under section 3101 takes effect, the 
Secretary of the Treasury shall submit a detailed report 
on the progress of implementing all proposals of the Presi-
dent described under subsection (a)(2)(A). 
‘‘(c) SPECIFIED REPORTING DATE.—For purposes of 
this section, the term ‘specified reporting date’ means— 
‘‘(1) any date on which the debt subject to limit 
under section 3101 reaches 99.5 percent of the limi-
tation imposed under such section; and 
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‘‘(2) with respect to any period for which the 
limitation imposed under section 3101 is suspended, 
the date which is 1 month before the expiration of 
such suspension. 
‘‘(d) PUBLIC ACCESS TO INFORMATION.—The Sec-
retary of the Treasury shall furnish publicly accessible 
links on the web page of the Department of the Treasury 
to each report submitted under this section. Such links 
shall be available for not less than the 6-month period fol-
lowing the date of such submission.’’. 
(b) CLERICAL AMENDMENT.—The table of analysis 
for chapter 31 of title 31, United States Code, is amended 
by inserting after the item relating to section 3130 the 
following: 
‘‘3131. Report after debt limit is increased.’’. 
SEC. 3. ACCESS TO CERTAIN TREASURY DEPARTMENT 
DATA. 
Not later than thirty days after receipt of a written 
request from the Chairman of the Committee on Ways and 
Means of the House of Representatives or the Committee 
on Finance of the Senate, the Secretary of the Treasury 
shall provide to the requesting Chairman financial and 
economic data relevant to determining the amount of the 
public debt of the United States, including— 
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(1) cash flow and debt transaction information 
used in preparing the Daily Treasury Statement, in-
cluding current balances, receipts, and payments; 
(2) operating cash balance projections; and 
(3) relevant information regarding any extraor-
dinary measures taken to prevent the public debt 
from exceeding the limitation imposed by section 
3101 of title 31, United States Code. 
Æ 
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