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H.R. 9353 · 118th 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 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

2 cosponsors · 2 R

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a three-fifths roll call vote of each chamber.

What it does: CRS summary · Introduced in House · Aug 13, 2024

This bill proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a three-fifths roll call vote of each chamber.

The prohibition excludes

  • outlays for repayment of debt principal,
  • receipts derived from borrowing,
  • receipts or outlays of the Social Security and Medicare trust funds, and
  • outlays relating to a natural disaster if the act providing the funds explicitly exempts the funds from the requirement and is agreed to by a majority of each chamber of Congress.

The amendment requires the President to annually submit to Congress a budget in which total outlays do not exceed total receipts.

The amendment specifies exceptions to the requirements if a declaration of war is in effect, the United States is engaged in military conflict that causes an imminent and serious military threat to national security, economic growth is less than 0%, or the unemployment rate is more than 7%.

The amendment prohibits a court from enforcing the requirements by ordering reductions to Social Security or Medicare payments unless the funds available to the trust fund for a program are not sufficient to cover the outlays that would occur during the year if the fund were fully solvent.

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 (Aug 13, 2024): Referred to the House Committee on the Judiciary.

Policy area: Economics and Public Finance · Origin: House · Introduced: Aug 13, 2024

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.