S.J.Res. 38 · 111th Congress
A joint resolution proposing a balanced budget amendment to the Constitution of the United States.
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
DeMintSponsorNo cosponsors.
Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a two-thirds rollcall vote of each chamber, authorizes a specific excess of outlays over receipts.
What it does: CRS summary · Introduced in Senate · Aug 3, 2010
Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a two-thirds rollcall vote of each chamber, authorizes a specific excess of outlays over receipts.
Requires a two-thirds rollcall vote of each chamber to increase the public debt limit.
Directs the President to submit a balanced budget to Congress annually.
Requires a two-thirds rollcall vote of each chamber before final adoption of any bill to increase internal revenue.
Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A joint resolution proposing a balanced budget amendment to the Constitution of the United States.
Latest action (Aug 4, 2010): Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 511.
Policy area: Economics and Public Finance · Origin: Senate · Introduced: Aug 3, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.