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Proposing an amendment to the Constitution of the United States prohibiting the United States Government from increasing its debt except for a specific purpose by law adopted by three-fourths of the membership of each House of Congress.
Key claim: A proposed constitutional amendment would prohibit the federal government from increasing the national debt unless authorized for a specific purpose by a three-fourths vote in both chambers of Congress.
Abstract
(HJRES9 · 118th Congress) This joint resolution proposes a constitutional amendment that prohibits the U.S. government from increasing its debt except for a specific purpose by a law adopted by three-fourths of the membership of each chamber of Congress. Latest action (2023-01-09): Referred to the House Committee on the Judiciary.
Why this matters
A proposed constitutional amendment would prohibit the federal government from increasing the national debt unless authorized for a specific purpose by a three-fourths vote in both chambers of Congress.