Proposing a balanced budget amendment to the Constitution requiring that each agency and department's funding is justified.

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. Prohibits total outlays for any fiscal year from exceeding the following: for the first fiscal year for which this Amendment takes effect, 20% of the estimated gross domestic product (GDP) of the United States for that year, and for each subsequent fiscal year, a percentage of the estimated GDP equal to the applicable percentage for the preceding fiscal year reduced by .1%. States, however, that spending for any fiscal year is not required to be less than 16% of the estimated GDP. Requires a three-fifths rollcall vote of each chamber to increase the public debt limit. Directs the President to submit a balanced budget (budget plan) to Congress annually. Prohibits any bill to increase revenue from becoming law unless approved by a three-fifths majority of the whole number of each chamber by rollcall vote. Requires the budget plan to include a justification by each federal department or agency for any funding proposed in that plan. Authorizes waivers of these requirements: (1) when a declaration of war is in effect or under other specified circumstances involving military conflict, or (2) during declaration of a natural disaster.

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

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  Leesvertaling

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  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. Perry, Scott [R-PA-10] · R · Sponsor
• Rep. Pitts, Joseph R. [R-PA-16] · R · Sponsor
• Rep. LaMalfa, Doug [R-CA-1] · R · Sponsor
• Rep. Ross, Dennis A. [R-FL-15] · R · Sponsor
• Rep. Salmon, Matt [R-AZ-5] · R · Sponsor
• Rep. McKinley, David B. [R-WV-1] · R · Sponsor
• Rep. Bridenstine, Jim [R-OK-1] · R · Cosponsor
• Rep. Mulvaney, Mick [R-SC-5] · R · Cosponsor
• Rep. Duncan, Jeff [R-SC-3] · R · Cosponsor
• · hsju00 · Standing

Related records

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• related to ← A joint resolution proposing a balanced budget amendment to the Constitution of the United States.