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United States · Bill · SJRES

S.J.Res. 2 (108th)

A joint resolution proposing an amendment to the Constitution of the United States to require a balanced budget and protect Social Security surpluses.

referredUnited States· United States Congress· EN

Introduced

7 January 2003

Last action

7 January 2003 · Introduced

Status

Read twice and referred to the Committee on the Judiciary.

Sponsors

Sen. Craig, Larry E. [R-ID], Sen. Miller, Zell [D-GA]

Subjects

Defence, Rule of law, Taxation, Budget

Source updated

10 August 2026

Defence · Rule of law · Taxation · Budget

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 House, authorizes a specific excess of outlays over receipts. Provides that any surplus of receipts over outlays of the Social Security trust funds shall not be counted, and any deficit of receipts relative to outlays of the Social Security trust funds shall be counted, and must be completely offset by a surplus of all other receipts over all other outlays. Requires a three-fifths rollcall vote of each House 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 a majority of each House 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. 7 January 2003

    Introduced

    Read twice and referred to the Committee on the Judiciary.

    Source: IntroReferral

  2. 7 January 2003

    Introduced

    Sponsor introductory remarks on measure. (CR S85)

    Source: IntroReferral

  3. 7 January 2003

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate

    summary · EN · 8 January 2003

    Open at official source

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 7 January 2003

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 7 January 2003

    ViewDownloadOpen at official source

    Leesvertaling

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

Sponsors

Related records

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Sources

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