S.J.Res. 5 · 112th Congress
A joint resolution proposing an amendment to the Constitution of the United States requiring that the Federal…
Full title
A joint resolution proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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LeeSponsor19 cosponsors · 19 R
R
Ayotte
RB
R
Burr
JB
R
Barrasso
MC
R
Crapo
JD
R
DeMint
LG
R
Graham
JK
R
Kyl
RP
R
Paul
JR
R
Risch
MR
R
Rubio
JT
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Thune
PT
R
Toomey
DV
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Vitter
TC
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Coburn
JE
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Ensign
ME
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Enzi
MJ
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Johanns
RB
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Blunt
CG
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Grassley13 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding receipts for that fiscal year (except those derived from borrowing).
What it does: CRS summary · Introduced in Senate · Feb 3, 2011
Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding receipts for that fiscal year (except those derived from borrowing).
Prohibits outlays from exceeding 18% of the gross domestic product (GDP) for the calendar year ending before the beginning of such fiscal year.
Authorizes Congress to provide for suspension of the imposed limitations for any fiscal year for which two-thirds of each chamber shall provide, by a roll call vote, for a specific excess of outlays over receipts or over 18% of such GDP for such calendar year.
Prohibits any bill to levy a new tax or increase the rate of any tax from becoming law unless approved by a two-thirds roll call vote of each chamber.
Requires a two-thirds roll call vote of each chamber to increase the public debt limit.
Grants Members of Congress standing and a cause of action to seek judicial enforcement of this article when authorized to do so by a petition signed by one-third of the Members of either chamber. Prohibits a federal or state court from ordering any increase in revenue to enforce this article.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A joint resolution proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.
Latest action (Nov 30, 2011): Committee on the Judiciary Subcommittee on the Constitution, Civil Rights and Human Rights. Hearings held. With printed Hearing: S.Hrg. 112-512.
Policy area: Economics and Public Finance · Origin: Senate · Introduced: Feb 3, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.