S.J.Res. 97 · 119th Congress
A joint resolution proposing a balanced budget amendment to the Constitution of the United States.
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2 cosponsors · 2 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 · Nov 20, 2025
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, Congress may authorize additional expenditures that are not otherwise permitted by the amendment if two-thirds of the House of Representatives and the Senate agree to pass the bill. 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 (Nov 20, 2025): Read twice and referred to the Committee on the Judiciary.
Policy area: Economics and Public Finance · Origin: Senate · Introduced: Nov 20, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.