SJRES. 97In Committee
A joint resolution proposing a balanced budget amendment to the Constitution of the United States.
A constitutional balanced budget amendment requiring federal spending and receipts to be balanced within 10 years, with limited emergency spending allowed by a two-thirds vote
Plain-English overview
What this bill does
A constitutional balanced budget amendment requiring federal spending and receipts to be balanced within 10 years, with limited emergency spending allowed by a two-thirds vote
Key points
- Require balanced federal budgets
- Allow emergency spending by supermajority
- Exclude debt payments from expenditures
Current status
Where it stands
Status
In Committee
Latest action
2025-11-20 — Read twice and referred to the Committee on the Judiciary.
Related context
Topics and policy areas
undefinedEconomics and Public Finance