A joint resolution proposing a balanced budget amendment to the Constitution of the United States.
Latest action · Jul 11, 2013 Read the second time and referred to the Committee on the Judiciary.
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.
- IntroducedJul 11, 2013
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Constitutional Amendment - Prohibits total 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 roll call vote of each chamber, authorizes a specific excess of outlays over receipts.
Excludes receipts (including attributable interest) and outlays of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, or either of their successor funds, from consideration as receipts or outlays for purposes of this Amendment.
Directs the President to submit a balanced budget to Congress annually.
Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.
Prohibits Congress from passing any bill that provides a net reduction in individual income taxes for those with incomes over $1 million (as may be adjusted by Congress to account for inflation) if, after enactment, total outlays would exceed total receipts in any fiscal year affected by the bill.
Prohibits a federal or state court from ordering any reduction in the Social Security benefits authorized by law, including any benefits provided from the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, or either of their successor funds.
Cosponsors 6
Members who signed on, in the order they did. Signatures ran from Jul 11, 2013 to Feb 12, 2014, with 5 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MO | Claire McCaskill | Original | Jul 11, 2013 |
| D-ND | Heidi Heitkamp | Original | Jul 11, 2013 |
| I-WV | Joe Manchin III | Original | Jul 11, 2013 |
| D-MT | Jon Tester | Original | Jul 11, 2013 |
| D-AK | Mark Begich | Original | Jul 11, 2013 |
| D-MT | John E. Walsh | Feb 12, 2014 |
Actions 2
Everything that happened, newest first.
- Jul 11, 2013Introduced in Senate
- Jul 11, 2013Read the second time and referred to the Committee on the Judiciary.
Related bills 7
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HJRES 1 | Proposing a balanced budget amendment to the Constitution of the United States. | Related bill | Jan 25, 2013 |
| HJRES 2 | Proposing a balanced budget amendment to the Constitution of the United States. | Related bill | Jan 25, 2013 |
| HJRES 6 | Proposing a balanced budget amendment to the Constitution of the United States. | Related bill | Jan 25, 2013 |
| HJRES 11 | Proposing a balanced budget amendment to the Constitution of the United States. | Related bill | Jan 25, 2013 |
| HJRES 36 | Proposing a balanced budget amendment to the Constitution requiring that each agency and department's funding is justified. | Related bill | Apr 8, 2013 |
Subjects
Assigned by the Library of Congress. Policy area: Economics and Public Finance.
Text 1
Each version as it was printed, newest first.
- Jul 11, 2013Introduced in Senate
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.
