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

Summary

Constitutional Amendment - Prohibits 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. Requires a three-fifths rollcall vote of each chamber to increase the public debt limit. 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 provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.

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

Timeline

1. 16 June 2010

   Introduced

   Referred to the House Committee on the Judiciary.

   Source: IntroReferral

2. 16 June 2010

   Introduced

   Introduced in House

   Source: IntroReferral

3. 16 June 2010

   Introduced

   Introduced in House

   Source: IntroReferral

4. 26 July 2010

   Referred

   Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 16 June 2010 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 16 June 2010

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 16 June 2010

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 16 June 2010

  Open at official source

Sponsors

• Rep. Terry, Lee [R-NE-2] · R · Sponsor
• · 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.