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

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 three-fifths roll call vote of each chamber. The prohibition excludes outlays for repayment of debt principal, receipts derived from borrowing, and receipts or outlays of the Social Security and Medicare trust funds. The resolution requires the President to annually submit to Congress a budget in which total outlays do not exceed total receipts. The balanced budget requirement does not apply if: a declaration of war is in effect or if the United States is engaged in military conflict which causes an imminent and serious military threat to national security, or during the fiscal year or preceding fiscal year, the U.S. economy grew by less than 0% in real gross domestic product during two or more consecutive quarters or the unemployment rate was more than 7% during two or more consecutive months. The resolution prohibits a court from enforcing the requirements by ordering cuts to Social Security or Medicare payments unless the funds available to the trust fund for a program are not sufficient to cover the outlays that would occur during the year if the fund were fully solvent.

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Timeline

1. 2 March 2016

   Introduced

   Referred to the House Committee on the Judiciary.

   Source: IntroReferral

2. 2 March 2016

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 March 2016

   Introduced

   Introduced in House

   Source: IntroReferral

4. 1 April 2016

   Referred

   Referred to the Subcommittee on the Constitution and Civil Justice.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 2 March 2016 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 2 March 2016

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 2 March 2016

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 2 March 2016

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  Vertaal document

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

Sponsors

• Rep. Ashford, Brad [D-NE-2] · D · Sponsor
• Rep. Cuellar, Henry [D-TX-28] · D · Sponsor
• Sen. Sinema, Kyrsten [I-AZ] · D · Sponsor
• Rep. Schrader, Kurt [D-OR-5] · D · Sponsor
• Rep. Costa, Jim [D-CA-21] · D · Sponsor
• Rep. Cooper, Jim [D-TN-5] · D · Sponsor
• Rep. Peterson, Collin C. [D-MN-7] · D · Cosponsor
• · hsju00 · Standing

Related records

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