Proposing a balanced budget amendment to the Constitution of the United States.
Latest action · Dec 23, 2022 Referred to the House 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.
- IntroducedDec 23, 2022
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year or 18.5% of the economic output of the United States. The amendment also requires a cancellation of budget authority that is equal to the amount by which total outlays exceeded these limits during the preceding fiscal year.
The amendment requires a three-fourths roll call vote of each chamber of Congress to increase the public debt limit or increase revenue.
The amendment also requires the President to submit an annual budget in which total outlays do not exceed total receipts.
Congress may waive these requirements due to a declaration of war or a military conflict that causes an imminent and serious military threat to national security.
Cosponsors
Members who signed on, in the order they did.
Actions 2
Everything that happened, newest first.
- Dec 23, 2022Introduced in House
- Dec 23, 2022Referred to the House Committee on the Judiciary.
Related bills 3
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HJRES 3 | Proposing a balanced budget amendment to the Constitution of the United States. | Related bill | Mar 4, 2021 |
| HJRES 32 | Proposing a balanced budget amendment to the Constitution of the United States. | Related bill | Mar 19, 2021 |
| HJRES 78 | Proposing a balanced budget amendment to the Constitution of the United States. | Related bill | Nov 1, 2022 |
Subjects
Assigned by the Library of Congress. Policy area: Economics and Public Finance.
Text 1
Each version as it was printed, newest first.
- Dec 23, 2022Introduced 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.
