The "Balanced Budget Accountability Act" seeks to address the nation's growing federal debt and persistent annual deficits by holding Members of Congress accountable for budget outcomes. It establishes a mechanism to reduce congressional pay if a House fails to adopt a budget that meets specific balanced budget criteria. The bill highlights findings that the federal debt exceeds $36 trillion, has shown deficits in 55 of the last 60 years, and threatens economic stability and future generations. Under this bill, a "balanced budget" is defined as a concurrent resolution where total outlays do not exceed total receipts and are not more than 18 percent of the projected gross domestic product for fiscal year 2035 and subsequent years. For fiscal years 2026 and 2027, if the Director of the Office of Management and Budget (OMB) does not certify that a House has adopted a balanced budget by April 16 of the preceding year, the salaries of Members in that House will be held in an escrow account . These escrowed funds would be released at the end of the 119th Congress to comply with the Twenty-Seventh Amendment. For fiscal year 2028 and all subsequent fiscal years, a failure to adopt a certified balanced budget by the April 16 deadline would result in a more significant penalty: each Member of the non-compliant House would be paid an annual rate of $1 for the remainder of that calendar year. Furthermore, the bill introduces a procedural change requiring a three-fifths affirmative vote in both the Senate and the House of Representatives for any bill, joint resolution, or amendment that increases revenue. This supermajority requirement is enacted as a rule of each House, subject to change by that House.