To require that any debt limit increase or suspension be balanced by equal spending cuts over the next decade.

H.R. 10078, introduced August 10, 2026 by Rep. Gregory Steube (R-FL17), would require that any future increase or suspension of the federal debt limit be matched by equal spending cuts over the following ten years. In practical terms, the bill would tie Congress's ability to raise or suspend the debt ceiling to an offsetting reduction in federal spending of equivalent size, spread over a decade.

The bill's direct effects would be on federal budget and appropriations processes rather than on individuals or businesses directly. Any future debt-limit legislation would need to be paired with corresponding spending-cut provisions, which could affect how Congress structures future budget negotiations, and indirectly affect federal agencies and programs subject to spending decisions.

The bill has just been introduced in the 119th Congress and has not yet been assigned to committee action beyond introduction, based on the information available. Its only recorded action so far is its introduction on August 10, 2026.

The full text of the bill has not yet been published, so specific mechanisms — such as how cuts would be calculated, which programs might be affected, or enforcement provisions — are not yet known. A more detailed summary will be possible once the bill text is released.

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