Fiscal State of the Nation Resolution

HCONRES 46, the "Fiscal State of the Nation Resolution," requires the House and Senate Budget Committees to hold an annual joint hearing within 45 days of the Treasury's submission of the federal government's audited financial statement. At this hearing, the Comptroller General will present an objective, nonpartisan analysis of the government's financial condition, including deficits, surpluses, and long-term fiscal projections, as required by the Government Accountability Office's standards. The hearing must be open to the public and allow all members of Congress to participate, regardless of committee membership. This resolution ensures Congress receives regular, factual reviews of federal finances without political bias.