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

Hozzl · 2023-12-15T15:52:39Z

Explore the details of House Bill 6 Proposing an amendment to the Constitution of the United States to provide for balanced budgets for the Government. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Economics and Public Finance. Stay informed on legislative developments.

12/15/2023, 3:52 PM

Summary of Bill HJRES 6

Bill 118 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 budget each year that does not result in a deficit, unless a three-fifths majority in both the House of Representatives and the Senate vote to allow a deficit in certain circumstances, such as during times of war or national emergency.

Supporters of the Balanced Budget Amendment argue that it would help control government spending and reduce the national debt, which is currently over $28 trillion. They believe that a balanced budget requirement would force Congress to make tough decisions about spending priorities and prevent future generations from being burdened with excessive debt. Opponents of the amendment argue that it could lead to cuts in important government programs, such as Social Security and Medicare, and hinder the government's ability to respond to economic downturns or emergencies. They also point out that balancing the budget could be difficult during times of recession or when facing unexpected expenses. Overall, the Balanced Budget Amendment is a controversial proposal that has been debated in Congress for many years. It remains to be seen whether it will garner enough support to be passed and added to the Constitution.

Congressional Summary of HJRES 6

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.

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Current Status of Bill HJRES 6

Bill HJRES 6 is currently in the status of Bill Introduced since January 9, 2023. Bill HJRES 6 was introduced during Congress 118 and was introduced to the House on January 9, 2023. Bill HJRES 6's most recent activity was Referred to the House Committee on the Judiciary. as of January 9, 2023

Bipartisan Support of Bill HJRES 6

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HJRES 6

Primary Policy Focus

Economics and Public Finance

Potential Impact Areas

Budget deficits and national debtConstitution and constitutional amendmentsLegislative rules and procedure

Alternate Title(s) of Bill HJRES 6

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

Start holding our government accountable!

Comments

Sponsors and Cosponsors of HJRES 6

Brian K. Fitzpatrick

Pennsylvania(Republican)

Mike Gallagher

Wisconsin(Republican)

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