119th Congress · introduced in the House · Jan 3, 2025
.Proposing a balanced budget amendment to the Constitution requiring that each agency and department's funding is justified.
Official title from Congress.gov
Latest action (Jan 3, 2025): Referred to the House Committee on the Judiciary.
View on Congress.govPolicy area: Economics and Public Finance
Congressional Research Service summary, version: Introduced in House (Jan 3, 2025)
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.
Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Referred to the House Committee on the Judiciary.
Introduced in House
Introduced in House
Actions from Congress.gov, newest first.
Budget deficits and national debt · Budget process · Constitution and constitutional amendments · Executive agency funding and structure · Income tax rates · Legislative rules and procedure
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