Proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jan 13, 2017)
Constitutional Amendment
This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year or 18% of the U.S. gross domestic product unless Congress authorizes the excess by a two-thirds vote of each chamber. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing.
The amendment requires a two-thirds vote of each chamber of Congress to levy a new tax, increase the rate of any tax, or increase the debt limit.
The amendment provides any Member of Congress with standing and a cause of action to seek judicial enforcement of this amendment if authorized by a petition signed by one-third of the Members of either house of Congress. Courts are prohibited from ordering any increase in revenue to enforce this amendment.
What just happenedJan 31, 2017
Referred to the Subcommittee on the Constitution and Civil Justice.
Who’s behind it
- Introduced in HouseJan 13, 2017
- Jan 31, 2017Committee
Referred to the Subcommittee on the Constitution and Civil Justice.
Constitution and Limited Government Subcommittee - Jan 13, 2017IntroReferralH11100
Referred to the House Committee on the Judiciary.
Judiciary Committee - Jan 13, 2017IntroReferralIntro-H
Introduced in House
- Jan 13, 2017IntroReferral1000
Introduced in House