119th Congress Economics and Public Finance
H.J.Res. 17: Proposing a balanced budget amendment to the Constitution of the United States.
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Randy Weber R-TXOriginal
- C. Franklin R-FL
Who scored on this bill
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History
- Introduced in the House by Jay Obernolte.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on the Judiciary.