Proposing an amendment to the Constitution of the United States to balance the Federal budget.

Summary

Constitutional Amendment - Prohibits all outlays for a fiscal year (including those for debt service and other debt functions) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a two-thirds roll call vote of each chamber, authorizes a specific excess of outlays over receipts. Requires a two-thirds roll call vote of each chamber to increase the public debt limit. Prohibits outlays for the total budget from exceeding the previous fiscal years' outlays plus population growth and inflation, unless such increase is approved by two-thirds of each chamber by a roll call vote. Directs the House of Representatives to develop a balanced budget annually. Prohibits any bill to increase revenue from becoming law unless approved by two-thirds of each chamber by a roll call vote. Authorizes waivers of these provisions when a declaration of war is in effect only by a vote of a majority of both chambers. Requires all: (1) outlays above revenues from the previous fiscal year to be accounted for in the outlays and budgets of the following fiscal year; and (2) surplus revenues at the end of a fiscal year to be allocated to a fund to be returned to the taxpayers, determined by legislation before the end of the subsequent fiscal year.

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

Timeline

1. 14 March 2013

   Introduced

   Referred to the House Committee on the Judiciary.

   Source: IntroReferral

2. 14 March 2013

   Introduced

   Introduced in House

   Source: IntroReferral

3. 14 March 2013

   Introduced

   Introduced in House

   Source: IntroReferral

4. 8 April 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 · 14 March 2013 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 14 March 2013

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 14 March 2013

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 14 March 2013

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Broun, Paul C. [R-GA-10] · R · Sponsor
• Rep. Franks, Trent [R-AZ-8] · R · Sponsor
• Rep. Garrett, Scott [R-NJ-5] · R · Sponsor
• Rep. Bridenstine, Jim [R-OK-1] · R · Sponsor
• Rep. LaMalfa, Doug [R-CA-1] · R · Sponsor
• Rep. Westmoreland, Lynn A. [R-GA-3] · R · Sponsor
• Rep. Jones, Walter B., Jr. [R-NC-3] · R · Sponsor
• Rep. Mulvaney, Mick [R-SC-5] · R · Sponsor
• Rep. Duncan, John J., Jr. [R-TN-2] · R · Sponsor
• Rep. Stockman, Steve [R-TX-36] · R · Sponsor
• Rep. Goodlatte, Bob [R-VA-6] · R · Sponsor
• Rep. Duncan, Jeff [R-SC-3] · R · Sponsor
• Rep. Gowdy, Trey [R-SC-4] · R · Sponsor
• Rep. Graves, Tom [R-GA-14] · R · Sponsor
• Rep. Rokita, Todd [R-IN-4] · R · Sponsor
• Rep. Southerland, Steve II [R-FL-2] · R · Sponsor
• Rep. Lamborn, Doug [R-CO-5] · R · Sponsor
• Rep. Graves, Sam [R-MO-6] · R · Sponsor
• Rep. Sanford, Mark [R-SC-1] · R · Cosponsor
• · hsju00 · Standing

Related records

• related to → Proposing an amendment to the Constitution of the United States relative to balancing the budget.