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EconomyH.J.Res. 17Not Yet VotedComments

Proposing a balanced budget amendment to the Constitution of the United States.

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What Happened in Congress?

Pending

Not yet voted on the floor.

Where the Bill Stands

  1. Introduced, done
  2. Committee, current stage
  3. Floor Vote, not yet
  4. Outcome, not yet

What This Bill Does

This joint resolution 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 two-thirds roll call vote of each chamber. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing.

The amendment also requires the President to submit an annual budget in which total outlays do not exceed total receipts.

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Related Documents

Timeline

  1. Library of CongressIntroduced in House
  2. House floor actionsReferred to the House Committee on the Judiciary.
  3. Introduced
  4. Committee

Comments

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