Proposing a balanced budget amendment to the Constitution of the United States.
Latest action · Jan 11, 2017 Referred to the Subcommittee on the Constitution and Civil Justice.
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.
- IntroducedJan 4, 2017
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Constitutional Amendment
This joint resolution proposes a constitutional amendment prohibiting total federal expenditures for a year from exceeding the average annual federal revenue collected in the three prior years, adjusted for changes in population and inflation. Expenditures for payment of debt and revenues derived from borrowing are excluded.
Congress may authorize specific expenditures in excess of the limit for up to one year by declaring an emergency with a roll call vote of two-thirds of each chamber.
The requirements take effect in the first year beginning at least 90 days following ratification, except that expenditures are permitted to exceed the limit by specified amounts during each of the first nine years that the requirements are in effect.
Cosponsors 2
Members who signed on, in the order they did. Signatures ran from Jan 31, 2017 to Apr 12, 2018.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CO | Jared Polis | Jan 31, 2017 | |
| R-SC | Mark Sanford | Apr 12, 2018 |
Actions 3
Everything that happened, newest first.
- Jan 11, 2017Referred to the Subcommittee on the Constitution and Civil Justice.
- Jan 4, 2017Introduced in House
- Jan 4, 2017Referred to the House Committee on the Judiciary.
Subjects
Assigned by the Library of Congress. Policy area: Economics and Public Finance.
Text 1
Each version as it was printed, newest first.
- Jan 4, 2017Introduced in House
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.