H.J.Res. 109 · 115th Congress
Proposing an amendment to the Constitution of the United States to provide for balanced budgets for the…
Full title
Proposing an amendment to the Constitution of the United States to provide for balanced budgets for the Government.
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
DeFazioSponsorNo cosponsors.
This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year, unless three-fifths of each chamber of Congress authorizes the excess with a rollcall vote. The authorization must include an adequate increase in the debt limit for the specific excess of outlays.
What it does: CRS summary · Introduced in House · Jul 19, 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, unless three-fifths of each chamber of Congress authorizes the excess with a rollcall vote. The authorization must include an adequate increase in the debt limit for the specific excess of outlays. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing.
The President must submit a balanced budget to Congress annually.
Total outlays for the Social Security trust funds over 75 years must not exceed total receipts for 75 years, unless three-fifths of each chamber of Congress authorizes the specific excess by a rollcall vote.
Congress may waive the requirements by a rollcall vote for any year in which a declaration of war is in effect. The waiver must: (1) identify and be limited to the outlays necessary for the war, and (2) include an adequate increase in the debt limit for the specific excess of outlays.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Proposing an amendment to the Constitution of the United States to provide for balanced budgets for the Government.
Latest action (Jul 19, 2017): Referred to the Subcommittee on the Constitution and Civil Justice.
Policy area: Economics and Public Finance · Origin: House · Introduced: Jul 19, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.