A joint resolution proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.

Bill 118 SJRes 14 is a joint resolution that proposes an amendment to the Constitution of the United States. The amendment would require that the Federal budget be balanced, meaning that the government would not be allowed to spend more money than it takes in through revenue.

This resolution is aimed at addressing the issue of the growing national debt and the annual budget deficits that the United States has been running for many years. Supporters of the resolution argue that a balanced budget amendment would force the government to make tough decisions about spending and prioritize fiscal responsibility.

Opponents of the resolution, however, argue that a balanced budget amendment could have negative consequences, such as limiting the government's ability to respond to economic downturns or emergencies. They also point out that balancing the budget could require significant cuts to important programs like Social Security, Medicare, and defense spending. Overall, Bill 118 SJRes 14 is a controversial proposal that seeks to address the issue of the Federal budget deficit by enshrining a requirement for a balanced budget in the Constitution. The resolution has sparked debate among lawmakers and the public about the best way to address the country's fiscal challenges.