Proposing a balanced budget amendment to the Constitution of the United States.
Key claim: This joint resolution proposes a constitutional amendment requiring annual federal outlays not to exceed receipts unless approved by a two-thirds vote of both chambers of Congress.
Abstract
(HJRES32 · 117th Congress) 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 a balanced budget to Congress annually. Latest action (2021-03-19): Referred to the House Committee on the Judiciary.
Why this matters
This joint resolution proposes a constitutional amendment requiring annual federal outlays not to exceed receipts unless approved by a two-thirds vote of both chambers of Congress.