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

Summary

Constitutional Amendment - Prohibits total outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths rollcall vote of each chamber, authorizes a specific excess of outlays over receipts. Requires a three-fifths rollcall vote of each chamber to increase the public debt limit. Directs the President to submit a balanced budget to Congress annually. Prohibits any bill to increase revenue from becoming law unless approved by three-fifths of each chamber by rollcall vote. Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 3 January 2013

   Introduced

   Referred to the House Committee on the Judiciary.

   Source: IntroReferral

2. 3 January 2013

   Introduced

   Introduced in House

   Source: IntroReferral

3. 3 January 2013

   Introduced

   Introduced in House

   Source: IntroReferral

4. 25 January 2013

   Referred

   Referred to the Subcommittee on the Constitution And Civil Justice.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 3 January 2013 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 3 January 2013

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 3 January 2013

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 3 January 2013

  Open at official source

Sponsors

• Rep. Terry, Lee [R-NE-2] · R · Sponsor
• Jeff Duncan · R · Cosponsor
• Bill Huizenga · R · Cosponsor
• Rep. Westmoreland, Lynn A. [R-GA-3] · R · Cosponsor
• Tom Cotton · R · Cosponsor
• Rep. Latham, Tom [R-IA-3] · R · Cosponsor
• Billy Long · R · Cosponsor
• Kay Granger · R · Cosponsor
• Rep. Nunnelee, Alan [R-MS-1] · R · Cosponsor
• Todd Rokita · R · Cosponsor
• · hsju00 · Standing

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