Fiscal State of the Nation Resolution

IV 118TH CONGRESS 1ST SESSION H. CON. RES. 46 Providing for a joint hearing of the Committees on the Budget of the House of Representatives and the Senate to receive a presentation from the Comptroller General of the United States regarding the audited financial statement of the executive branch. IN THE HOUSE OF REPRESENTATIVES MAY 18, 2023 Mr. BARR (for himself, Mr. PETERS, Mr. PANETTA, Mr. CRENSHAW, Mr. CASE, Mr. JOHNSON of Ohio, Mr. FITZPATRICK, Mr. GALLAGHER, Mr. COSTA, Mr. WITTMAN, Mr. GUTHRIE, Mr. KUSTOFF, Ms. DE LA CRUZ, and Mr. PHILLIPS) submitted the following concurrent resolution; which was referred to the Committee on Rules CONCURRENT RESOLUTION Providing for a joint hearing of the Committees on the Budget of the House of Representatives and the Senate to receive a presentation from the Comptroller General of the United States regarding the audited financial statement of the executive branch. Resolved by the House of Representatives (the Senate 1 concurring), 2 SECTION 1. SHORT TITLE. 3 This resolution may be cited as the ‘‘Fiscal State of 4 the Nation Resolution’’. 5 VerDate Sep 11 2014 01:01 May 19, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\HC46.IH HC46 kjohnson on DSK79L0C42PROD with BILLS 2 •HCON 46 IH SEC. 2. ANNUAL JOINT HEARING OF BUDGET COMMITTEES 1 TO RECEIVE A PRESENTATION BY THE COMP- 2 TROLLER GENERAL. 3 (a) IN GENERAL.—Not later than 45 days (excluding 4 Saturdays, Sundays, and holidays) after the date on which 5 the Secretary of the Treasury submits to Congress the au- 6 dited financial statement required under paragraph (1) of 7 section 331(e) of title 31, United States Code, on a date 8 agreed upon by the chairs of the Committees on the Budg- 9 et of the House of Representatives and the Senate (here- 10 after referred to as the ‘‘Budget Committees’’) and the 11 Comptroller General of the United States, the chairs shall 12 conduct a joint hearing to receive a presentation from the 13 Comptroller General reviewing the findings of the audit 14 required under paragraph (2) of such section and pro- 15 viding, with respect to the information included by the 16 Secretary in the report accompanying such audited finan- 17 cial statement, an analysis of the financial position and 18 condition of the Federal Government, including financial 19 measures (such as the net operating cost, income, budget 20 deficits, or budget surpluses) and sustainability measures 21 (such as the long-term fiscal projection or social insurance 22 projection) described in such report. 23 (b) PRESENTATION OF STATEMENT IN ACCORDANCE 24 WITH GAO STRATEGIES AND MEANS.—The Comptroller 25 General of the United States shall ensure that the presen- 26 VerDate Sep 11 2014 01:01 May 19, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\HC46.IH HC46 kjohnson on DSK79L0C42PROD with BILLS 3 •HCON 46 IH tation at the joint hearing conducted under subsection (a) 1 is made in accordance with the Strategies and Means of 2 the Government Accountability Office, so that the presen- 3 tation will provide professional, objective, fact-based, non- 4 partisan, nonideological, fair, and balanced information to 5 the members attending the hearing. 6 (c) RULES APPLICABLE TO HEARING.— 7 (1) IN GENERAL.—The joint hearing conducted 8 by the chairs of Budget Committees under sub- 9 section (a) shall be conducted in accordance with the 10 Rules of the House of Representatives and the appli- 11 cable Standing Rules of the Senate which apply to 12 such a hearing, including the provisions requiring 13 hearings conducted by committees to be open to the 14 public, including to radio, television, and still pho- 15 tography coverage. 16 (2) PERMITTING PARTICIPATION BY SENATORS 17 AND MEMBERS NOT SERVING ON BUDGET COMMIT- 18 TEES.—Notwithstanding any provision of the Rules 19 of the House of Representatives or the Standing 20 Rules of the Senate, any Senator and any Member 21 of the House of Representatives (including a Dele- 22 gate or Resident Commissioner to the Congress) 23 may participate in the joint hearing in the same 24 manner and to the same extent as a Senator or 25 VerDate Sep 11 2014 01:01 May 19, 2023 Jkt 039200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\HC46.IH HC46 kjohnson on DSK79L0C42PROD with BILLS 4 •HCON 46 IH Member of the House of Representatives who is a 1 member of either of the Budget Committees. 2 (d) EFFECTIVE DATE.—The requirement under sub- 3 section (a) shall apply with respect to any audited finan- 4 cial statement submitted on or after the date of the enact- 5 ment of this resolution. 6 Æ VerDate Sep 11 2014 01:01 May 19, 2023 Jkt 039200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6301 E:\BILLS\HC46.IH HC46 kjohnson on DSK79L0C42PROD with BILLS