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.