HJRES. 10In Committee
Proposing a balanced budget amendment to the Constitution of the United States.
A constitutional balanced budget amendment limiting federal spending to receipts except with supermajority approval and setting related voting rules on debt and revenue measures
Plain-English overview
What this bill does
A constitutional balanced budget amendment limiting federal spending to receipts except with supermajority approval and setting related voting rules on debt and revenue measures
Key points
- Require supermajority for debt limit increases
- Require balanced presidential budget
- Prohibit outlays above receipts
- Allow waiver during war or threats
Current status
Where it stands
Status
In Committee
Latest action
2025-01-03 — Referred to the House Committee on the Judiciary.
Related context
Topics and policy areas
undefinedBudget deficits and national debtConstitution and constitutional amendmentsEconomic performance and conditionsEconomics and Public FinanceIncome tax ratesLegislative rules and procedure