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

USA115th CongressSJRES-7| Senate 
| Updated: 1/24/2017
Mike Lee

Mike Lee

Republican Senator

Utah

Cosponsors (1)
Chuck Grassley (Republican)

Judiciary Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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
Jan 24, 2017
Introduced in Senate
Jan 24, 2017
Read twice and referred to the Committee on the Judiciary.
Jan 31, 2017

Latest Companion Bill Action

HJRES 115-29
Referred to the Subcommittee on the Constitution and Civil Justice.
  • January 24, 2017
    Introduced in Senate


  • January 24, 2017
    Read twice and referred to the Committee on the Judiciary.


  • January 31, 2017

    Latest Companion Bill Action

    HJRES 115-29
    Referred to the Subcommittee on the Constitution and Civil Justice.

Economics and Public Finance

Related Bills

  • HJRES 115-29: Proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.
Budget deficits and national debtConstitution and constitutional amendmentsIncome tax ratesLegislative rules and procedure

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

USA115th CongressSJRES-7| Senate 
| Updated: 1/24/2017
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 24, 2017
Introduced in Senate
Jan 24, 2017
Read twice and referred to the Committee on the Judiciary.
Jan 31, 2017

Latest Companion Bill Action

HJRES 115-29
Referred to the Subcommittee on the Constitution and Civil Justice.
  • January 24, 2017
    Introduced in Senate


  • January 24, 2017
    Read twice and referred to the Committee on the Judiciary.


  • January 31, 2017

    Latest Companion Bill Action

    HJRES 115-29
    Referred to the Subcommittee on the Constitution and Civil Justice.
Mike Lee

Mike Lee

Republican Senator

Utah

Cosponsors (1)
Chuck Grassley (Republican)

Judiciary Committee

Economics and Public Finance

Related Bills

  • HJRES 115-29: Proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Budget deficits and national debtConstitution and constitutional amendmentsIncome tax ratesLegislative rules and procedure