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

Summary

Constitutional Amendment This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a two-thirds vote of each chamber. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing. The amendment prohibits total outlays for any fiscal year from exceeding 18% of the gross domestic product of the United States, unless two-thirds of each house of Congress provides for a specific increase above this amount. The amendment requires a two-thirds vote of each chamber of Congress to impose a new tax, increase the statutory rate of any tax, or increase the aggregate amount of revenue. It requires a three-fifths vote of each chamber to increase the limit on the debt of the United States. The President is required to submit an annual budget in which total outlays do not exceed total receipts and 18% of the gross domestic product of the United States. The amendment prohibits a court from ordering a revenue increase to enforce the provisions of the amendment. Congress is authorized to waive specified provisions of the amendment when the United States is engaged in a military conflict which causes an imminent and serious military threat to national security.

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

Timeline

1. 6 January 2015

   Introduced

   Referred to the House Committee on the Judiciary.

   Source: IntroReferral

2. 6 January 2015

   Introduced

   Introduced in House

   Source: IntroReferral

3. 6 January 2015

   Introduced

   Introduced in House

   Source: IntroReferral

4. 12 January 2015

   Referred

   Referred to the Subcommittee on the Constitution and Civil Justice.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 6 January 2015 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 6 January 2015

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 6 January 2015

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 6 January 2015

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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. Buchanan, Vern [R-FL-16] · R · Sponsor
• Rep. Long, Billy [R-MO-7] · R · Sponsor
• · hsju00 · Standing

Related records

• related to → Proposing a balanced budget amendment to the Constitution of the United States.
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• related to ← Proposing an amendment to the Constitution of the United States relative to balancing the budget.
• related to ← A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget.