S.J.Res. 19 · 118th 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 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
BraunSponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This joint resolution proposes a constitutional amendment that requires federal expenditures and receipts to be balanced, which may occur over more than one year.
What it does: CRS summary · Introduced in Senate · Mar 15, 2023
This joint resolution proposes a constitutional amendment that requires federal expenditures and receipts to be balanced, which may occur over more than one year.
Under the amendment, expenditures include all federal expenditures except those for payment of debt. Receipts do not include receipts derived from borrowing.
The amendment requires Congress to achieve balance within 10 years of the ratification of the amendment.
In an emergency situation, two-thirds of the House of Representatives and the Senate may authorize additional expenditures that are not otherwise permitted by the amendment. The additional expenditures must be for a limited time, and debts incurred from the expenditures must be paid as soon as practicable.
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 (Mar 15, 2023): Read twice and referred to the Committee on the Judiciary.
Policy area: Economics and Public Finance · Origin: Senate · Introduced: Mar 15, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.