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

Summary

Constitutional Amendment - Prohibits total outlays (except those for payment of debt) for a year from exceeding the average annual revenue (except that derived from borrowing) collected in the three prior years, adjusted in proportion to changes in population and inflation. Requires a two-thirds roll call vote of each chamber to declare an emergency and provide by law for specific outlays in excess of such limit. Requires the declaration to specify reasons for the emergency designation and to limit the period in which outlays may exceed such limit to no longer than one year. Requires all revenue in excess of outlays: (1) to reduce the federal debt; and (2) upon the retirement of such debt, to be held by the Treasury to be used for the specific outlays in excess of such limit. Prescribes a formula for reducing outlays over ten years.

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

Timeline

1. 14 October 2011

   Introduced

   Referred to the House Committee on the Judiciary.

   Source: IntroReferral

2. 14 October 2011

   Introduced

   Introduced in House

   Source: IntroReferral

3. 14 October 2011

   Introduced

   Introduced in House

   Source: IntroReferral

4. 24 October 2011

   Referred

   Referred to the Subcommittee on the Constitution.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 14 October 2011 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 14 October 2011

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 14 October 2011

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 14 October 2011

  Open at official source

Sponsors

• Justin Amash · R · Sponsor
• Larry Bucshon · R · Sponsor
• Rep. Campbell, John [R-CA-45] · R · Sponsor
• Jeff Duncan · R · Sponsor
• Sen. Gardner, Cory [R-CO] · R · Sponsor
• Rep. Gosar, Paul A. [R-AZ-9] · R · Sponsor
• Daniel Lipinski · D · Sponsor
• Mick Mulvaney · R · Sponsor
• Jared Polis · D · Sponsor
• Rob Woodall · R · Sponsor
• Raul Labrador · R · Sponsor
• Rep. Walberg, Tim [R-MI-5] · R · Sponsor
• Trey Gowdy · R · Sponsor
• Rep. Walsh, Joe [R-IL-8] · R · Sponsor
• Mike Pompeo · R · Sponsor
• Tom Graves · R · Sponsor
• Rep. Quigley, Mike [D-IL-5] · D · Sponsor
• David Loebsack · D · Sponsor
• Rep. Shuler, Heath [D-NC-11] · D · Sponsor
• Rep. Ribble, Reid J. [R-WI-8] · R · Sponsor
• Rep. Michaud, Michael H. [D-ME-2] · D · Sponsor
• Rep. Huelskamp, Tim [R-KS-1] · R · Sponsor
• Kurt Schrader · D · Sponsor
• Rep. Southerland, Steve II [R-FL-2] · R · Sponsor
• Todd Rokita · R · Sponsor
• Kevin Yoder · R · Sponsor
• Rep. Stutzman, Marlin A. [R-IN-3] · R · Sponsor
• Rep. Nugent, Richard B. [R-FL-11] · R · Sponsor
• Rep. Burton, Dan [R-IN-6] · R · Sponsor
• JOHN CULBERSON · R · Sponsor
• Rep. Moran, James P. [D-VA-8] · D · Sponsor
• Rep. Herger, Wally [R-CA-2] · R · Cosponsor
• Lynn Jenkins · R · Cosponsor
• Doug Lamborn · R · Cosponsor
• Rep. Quayle, Benjamin [R-AZ-3] · R · Cosponsor
• Rep. Benishek, Dan [R-MI-1] · R · Cosponsor
• Rep. Gibson, Christopher P. [R-NY-19] · R · Cosponsor
• Sen. Flake, Jeff [R-AZ] · R · Cosponsor
• Rep. Gingrey, Phil [R-GA-11] · R · Cosponsor
• Rep. Kingston, Jack [R-GA-1] · R · Cosponsor
• Scott Tipton · R · Cosponsor
• Rep. Pence, Mike [R-IN-6] · R · Cosponsor
• Rob Bishop · R · Cosponsor
• Scott DesJarlais · R · Cosponsor
• Trent Franks · R · Cosponsor
• Rep. Bartlett, Roscoe G. [R-MD-6] · R · Cosponsor
• Rep. Pitts, Joseph R. [R-PA-16] · R · Cosponsor
• Pete Sessions · R · Cosponsor

Showing 48 of 61 sponsors and actors.

Related records

• related to → Proposing a spending limit amendment to the Constitution of the United States.
• related to ← Proposing a balanced budget amendment to the Constitution of the United States.