Proposing a balanced budget amendment to the Constitution of the United States.
Latest action · Nov 1, 2022 Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
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.
- IntroducedMar 17, 2022
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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. All signed on Mar 17, 2022.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-TX | Jake Ellzey | Original | Mar 17, 2022 |
| R-SC | Jeff Duncan | Original | Mar 17, 2022 |
Actions 3
Everything that happened, newest first.
- Nov 1, 2022Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
- Mar 17, 2022Introduced in House
- Mar 17, 2022Referred to the House Committee on the Judiciary.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| SJRES 42 | A joint resolution proposing a balanced budget amendment to the Constitution of the United States. | Identical bill | Mar 17, 2022 |
Subjects
Assigned by the Library of Congress. Policy area: Economics and Public Finance.
Text 1
Each version as it was printed, newest first.
- Mar 17, 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.
