Proposing a balanced budget amendment to the Constitution of the United States.

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. Limits total outlays for any fiscal year to one-fifth of the U.S. economic output, unless two-thirds of each house of Congress provides for a specific increase above this amount. Requires a three-fifths rollcall vote of each chamber to increase the limit on U.S. debt held by the public. Directs the President to submit a balanced budget to Congress annually. Prohibits any bill to increase revenue from becoming law unless approved by three-fifths of each chamber by rollcall vote. Authorizes waivers of these requirements and prohibitions when a declaration of war is in effect or under other specified circumstances involving military conflict. Requires any such waiver to identify and be limited to the specific excess or increase for that fiscal year made necessary by the identified military conflict.

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

Timeline

1. 14 June 2013

   Introduced

   Referred to the House Committee on the Judiciary.

   Source: IntroReferral

2. 14 June 2013

   Introduced

   Introduced in House

   Source: IntroReferral

3. 14 June 2013

   Introduced

   Introduced in House

   Source: IntroReferral

4. 15 July 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 June 2013 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 14 June 2013

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 14 June 2013

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 14 June 2013

  Open at official source

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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. Smith, Jason [R-MO-8] · R · Sponsor
• · hsju00 · Standing

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