Directing the Clerk of the House of Representatives to place a real time display of the United States total outstanding national debt in the House Chamber.

IV 118TH CONGRESS 1ST SESSION H. RES. 474 Directing the Clerk of the House of Representatives to place a real time display of the United States total outstanding national debt in the House Chamber. IN THE HOUSE OF REPRESENTATIVES JUNE 6, 2023 Mr. NORMAN (for himself, Mr. POSEY, Mr. BISHOP of North Carolina, Ms. MACE, Mr. ROSE, Mr. BRECHEEN, Mr. PERRY, Mr. GOOD of Virginia, Mr. HIGGINS of Louisiana, Mr. OGLES, Mr. MOORE of Alabama, Mr. SANTOS, Mr. BURLISON, Mrs. LUNA, and Mrs. KIGGANS of Virginia) sub- mitted the following resolution; which was referred to the Committee on House Administration RESOLUTION Directing the Clerk of the House of Representatives to place a real time display of the United States total outstanding national debt in the House Chamber. Whereas, on May 31, 2023, the United States national debt is at $31.818 trillion; Whereas the national debt has increased by $3.9 trillion since President Biden took office; Whereas the Federal budget deficit according to Congres- sional Budget Office (CBO) projections for fiscal year 2023 is $1.4 trillion; VerDate Sep 11 2014 01:35 Jun 07, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6300 E:\BILLS\HR474.IH HR474 kjohnson on DSK79L0C42PROD with BILLS 2 •HRES 474 IH Whereas the budget deficit is projected to increase by an ad- ditional $17 trillion by 2033; Whereas the national debt is now projected to increase from $24.3 trillion in 2022 to $46.4 trillion by 2033; Whereas the debt per taxpayer is over $248,040 as of May 31, 2023; Whereas the national debt to gross domestic product (GDP) ratio is 120 percent; Whereas the CBO estimates the national debt to GDP ratio will surpass 200 percent by 2053; and Whereas the national debt will continue to rise at an alarm- ingly fast pace unless Congress acts to reduce reckless government spending: Now, therefore, be it Resolved, 1 SECTION 1. PLACEMENT OF NATIONAL DEBT CLOCK IN 2 HOUSE CHAMBER. 3 (a) RESPONSIBILITIES OF CLERK.—The Clerk of the 4 House of Representatives shall place a real time display 5 of the United States total outstanding national debt, as 6 calculated by the Secretary of the Treasury, in the House 7 Chamber in clear view of the Members. 8 (b) REGULATIONS.—The Clerk shall carry out this 9 resolution in accordance with regulations promulgated by 10 the Committee on House Administration, in consultation 11 with the Committee on the Budget. 12 Æ VerDate Sep 11 2014 01:35 Jun 07, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\HR474.IH HR474 kjohnson on DSK79L0C42PROD with BILLS