Proposing an amendment to the Constitution of the United States requiring a balanced budget for the Federal Government.

Summary

This joint resolution proposes a constitutional amendment prohibiting total federal expenditures for a year from exceeding the average annual federal receipts collected in the three prior years, adjusted for changes in the population of U.S. citizens and inflation. Expenditures for payment of debt and receipts derived from borrowing are excluded. Under the amendment, Congress may authorize specific expenditures in excess of the limit with (1) a roll call vote of two-thirds of each chamber, or (2) a roll call vote for any year in which a declaration of war is in effect. The amendment also prohibits any bill to levy a new tax or increase the rate of any tax from becoming law unless it has been approved by a roll call vote of two-thirds of the whole number of each chamber of Congress. The requirements take effect in the fifth year beginning after ratification of the amendment.

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Documents

4 official files

• Reported in House

  Reported in House · EN · 25 February 2026

  ViewDownloadOpen at official source

• Reported to House

  summary · EN · 25 February 2026

  Open at official source

• Introduced in House

  Introduced in House · EN · 9 January 2026

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 9 January 2026

  Open at official source

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