Proposing an amendment to the Constitution of the United States which requires (except during time of war and subject to suspension by Congress) that the total amount of money expended by the United States during any fiscal year not exceed the amount of certain revenue received by the United States during such fiscal year and not exceed 20 percent of the gross domestic product of the United States during the previous calendar year.

Summary

Constitutional Amendment This joint resolution proposes a constitutional amendment prohibiting the total amount of money expended by the United States during a fiscal year from exceeding total revenue received for that fiscal year, excluding revenue from the issuance of bonds, notes, or other obligations of the United States. The amendment also: (1) prohibits the total amount of money expended by the United States in any fiscal year from exceeding 20% of the gross domestic product of the United States, and (2) requires the President to submit to Congress an annual budget in which total outlays do not exceed total revenues received. The spending restrictions do not apply during a fiscal year in which a declaration of war is in effect, or if three-fifths of the Senate and two-thirds of the House of Representatives vote to suspend the restrictions.

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Timeline

1. 27 July 2017

   Introduced

   Referred to the House Committee on the Judiciary.

   Source: IntroReferral

2. 27 July 2017

   Introduced

   Introduced in House

   Source: IntroReferral

3. 27 July 2017

   Introduced

   Introduced in House

   Source: IntroReferral

4. 17 August 2017

   Referred

   Referred to the Subcommittee on the Constitution and Civil Justice.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 27 July 2017 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 27 July 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 27 July 2017

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 27 July 2017

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  Vertaal document

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Sponsors

• Rep. Roby, Martha [R-AL-2] · R · Sponsor
• · hsju00 · Standing

Related records

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