S. 45In Committee
Balanced Budget Accountability Act
Withholds or sharply cuts Members of Congress salaries when a chamber fails to adopt a balanced budget meeting specified fiscal limits, and requires a three-fifths vote for revenue increases
Plain-English overview
What this bill does
Withholds or sharply cuts Members of Congress salaries when a chamber fails to adopt a balanced budget meeting specified fiscal limits, and requires a three-fifths vote for revenue increases
Key points
- Require balanced budget certification
- Require three fifths vote for revenue increases
- Withhold Member salaries in escrow
- Reduce Member pay to one dollar
Current status
Where it stands
Status
In Committee
Latest action
2025-01-09 — Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Related context
Topics and policy areas
undefinedBudget deficits and national debtBudget processCongressGovernment employee pay, benefits, personnel managementIncome tax ratesLegislative rules and procedureMembers of Congress