Proposing an amendment to the Constitution of the United States to provide for balanced budgets for the Government.

1/15/2025, 3:07 PM
Congress
119

Number
HJRES - 6

Introduced on
2025-01-03

# Amendments
0

Sponsors
+5

Variations and Revisions

1/3/2025

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a two-thirds roll call vote of each chamber.

The amendment also requires the President to submit an annual budget in which total outlays for the fiscal year do not exceed total receipts.

Congress may waive the requirements for any fiscal year in which (1) a declaration of war is in effect by a roll call vote, or (2) a declaration of a natural disaster or a national emergency is in effect that was declared by a joint resolution that became law after being adopted by a majority of each chamber of Congress.

Bill 119 HJRes 6, also known as the Balanced Budget Amendment, is a proposed amendment to the Constitution of the United States that aims to require the federal government to maintain a balanced budget. This means that the government would not be allowed to spend more money than it takes in through revenue.

The amendment would require Congress to pass a balanced budget each year, ensuring that the government does not accumulate excessive debt. Supporters of the amendment argue that it would promote fiscal responsibility and prevent the government from overspending.

However, opponents of the Balanced Budget Amendment raise concerns about the potential impact on government programs and services. They argue that strict budget constraints could lead to cuts in important programs, such as healthcare, education, and social services. The amendment would need to be ratified by three-fourths of the states in order to become part of the Constitution. As of now, the Balanced Budget Amendment has not been passed by Congress and remains a topic of debate among lawmakers and the public.
Alternative Names
Official Title as IntroducedProposing an amendment to the Constitution of the United States to provide for balanced budgets for the Government.

Policy Areas
Economics and Public Finance

Comments

Recent Activity

Latest Summary1/14/2025

This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a two-thirds roll call vote of each chamber.

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Latest Action1/3/2025
Referred to the House Committee on the Judiciary.