H.J.Res. 81 · 114th Congress
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 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
StiversSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for the year, excluding outlays for repayment of debt principal and receipts derived from borrowing.
What it does: CRS summary · Introduced in House · Jan 13, 2016
Constitutional Amendment
This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for the year, excluding outlays for repayment of debt principal and receipts derived from borrowing.
The President must submit an annual budget in which total outlays for the fiscal year do not exceed total receipts.
Congress may waive the requirements for any fiscal year in which:
- a declaration of war is in effect,
- the United States is engaged in a military conflict which causes an imminent and serious military threat to national security as declared by a joint resolution, or
- a national emergency has been declared by a joint resolution.
Any waiver must identify and be limited to the specific increase for the year that is necessary for the military conflict or emergency. Any increase in spending pursuant to a waiver must be offset by a budget surplus within 10 years of the end of the waiver.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Proposing a balanced budget amendment to the Constitution of the United States.
Latest action (Feb 3, 2016): Referred to the Subcommittee on the Constitution and Civil Justice.
Policy area: Economics and Public Finance · Origin: House · Introduced: Jan 13, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.