.Proposing a balanced budget amendment to the Constitution requiring that each agency and department's funding is justified.
1/14/2025, 5:29 PMSummary of Bill HJRES 11
Bill 119 hjres 11 proposes a balanced budget amendment to the Constitution that would require each agency and department's funding to be justified. This means that the government would be required to carefully consider and justify every dollar spent, ensuring that the budget remains balanced and in line with the country's financial needs.The amendment would aim to prevent excessive spending and ensure that taxpayer dollars are being used efficiently and effectively. By requiring agencies and departments to justify their funding, the government would be held accountable for how it allocates resources and would be forced to prioritize spending based on the needs of the country.
Supporters of the bill argue that a balanced budget amendment is necessary to prevent the government from overspending and accumulating excessive debt. They believe that by requiring agencies and departments to justify their funding, the government will be forced to make tough decisions about where to allocate resources, leading to a more responsible and efficient use of taxpayer dollars. Opponents of the bill, however, argue that a balanced budget amendment could restrict the government's ability to respond to emergencies or economic downturns. They believe that the amendment could lead to cuts in essential services and programs, potentially harming the most vulnerable members of society. Overall, Bill 119 hjres 11 proposes a significant change to the way the government manages its finances, aiming to promote fiscal responsibility and accountability. The bill is likely to spark debate and discussion among lawmakers and the public as they consider the potential impacts of a balanced budget amendment on the country's financial future.
Congressional Summary of HJRES 11
This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless (1) Congress authorizes the excess by a three-fifths vote of each chamber, and (2) total outlays do not exceed a specified percentage of the estimated gross domestic product of the United States. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing.
The amendment requires a three-fifths vote of each chamber of Congress to increase revenue or increase the limit on the debt of the United States.
The amendment also requires the President to submit an annual budget in which total outlays do not exceed total receipts. The President's budget must also include justifications and specified details regarding funding proposed for departments and agencies.
Congress may waive the requirements due to a declaration of war, a military conflict, an event that causes an imminent and serious military threat to national security, or a natural disaster.
