Proposing a balanced budget amendment to the Constitution of the United States.
Latest action · Apr 4, 2005 Referred to the Subcommittee on the Constitution.
Progress
Where this resolution reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 17, 2005
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths rollcall vote of each House, authorizes a specific excess of outlays over receipts.
Requires a three-fifths rollcall vote of each House to increase the public debt limit.
Directs the President to submit a balanced budget to Congress annually.
Prohibits any bill to increase revenue from becoming law unless approved by a majority of each House by rollcall vote.
Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.
Requires the appropriate congressional committees to report implementing legislation to achieve a balanced budget without increasing the receipts or reducing the disbursements of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund to achieve that goal.
Cosponsors 30
Members who signed on, in the order they did. Signatures ran from Feb 17, 2005 to Jun 7, 2005, with 23 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-FL | Allen Boyd | Original | Feb 17, 2005 |
| D-KY | Ben Chandler | Original | Feb 17, 2005 |
| D-GA | David Scott | Original | Feb 17, 2005 |
| D-CA | Dennis A. Cardoza | Original | Feb 17, 2005 |
| D-KS | Dennis Moore | Original | Feb 17, 2005 |
| D-HI | Ed Case | Original | Feb 17, 2005 |
| D-MS | Gene Taylor | Original | Feb 17, 2005 |
| D-TN | Harold E. Ford Jr. | Original | Feb 17, 2005 |
| D-CA | Jane Harman | Original | Feb 17, 2005 |
| D-CA | Jim Costa | Original | Feb 17, 2005 |
| D-UT | Jim Matheson | Original | Feb 17, 2005 |
| D-GA | John Barrow | Original | Feb 17, 2005 |
| D-TN | John S. Tanner | Original | Feb 17, 2005 |
| D-CO | John T. Salazar | Original | Feb 17, 2005 |
| D-IA | Leonard L. Boswell | Original | Feb 17, 2005 |
Actions 3
Everything that happened, newest first.
- Apr 4, 2005Referred to the Subcommittee on the Constitution.
- Feb 17, 2005Introduced in House
- Feb 17, 2005Referred to the House Committee on the Judiciary.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HJRES 74 | Proposing a balanced budget amendment to the Constitution of the United States. | Related bill | Feb 16, 2006 |
| HJRES 98 | Proposing a balanced budget amendment to the Constitution of the United States. | Related bill | Sep 28, 2006 |
Subjects
Assigned by the Library of Congress. Policy area: Economics and Public Finance.
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this resolution on Congress.gov and govinfo.gov.