A joint resolution proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.

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 or 18% of the U.S. gross domestic product unless Congress authorizes the excess by a two-thirds vote of each chamber. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing. The amendment requires a two-thirds vote of each chamber of Congress to levy a new tax, increase the rate of any tax, or increase the debt limit. The amendment provides any Member of Congress with standing and a cause of action to seek judicial enforcement of this amendment if authorized by a petition signed by one-third of the Members of either house of Congress. Courts are prohibited from ordering any increase in revenue to enforce this amendment.

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Timeline

1. 6 January 2015

   Introduced

   Read twice and referred to the Committee on the Judiciary.

   Source: IntroReferral

2. 6 January 2015

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 16 March 2016

   Committee

   Committee on the Judiciary. Hearings held.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 6 January 2015 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 6 January 2015

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 6 January 2015

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 6 January 2015

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  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

• Sen. Lee, Mike [R-UT] · R · Sponsor
• Sen. Vitter, David [R-LA] · R · Cosponsor
• Sen. Grassley, Chuck [R-IA] · R · Cosponsor
• · ssju00 · Standing

Related records

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• related to ← Proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.