HJRES 2
102th Congress
House
Economics and Public Finance
Balanced budgets
Budget deficits
Congressional budget
Constitutional amendments
Deficit financing
Federal budgets
Federal receipts and expenditures
Income tax
Legislation
Public debt
Record votes
Tax rates
Taxation
Proposing an amendment to the Constitution of the United States requiring a balanced budget.
Introduced: January 3, 1991
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 7, 1991
Referred to the Subcommittee on Economic and Commercial Law.
Jan 3, 1991
Referred to the House Committee on Judiciary.
Jan 3, 1991
Introduced in House
Plain-English summary
Constitutional Amendment - Requires the Congress, prior to each fiscal year, to adopt a statement in which total Federal outlays do not exceed total receipts, unless a three-fifths rollcall vote of both Houses authorizes a specific excess.
Prohibits any increase in the public debt unless three-fifths of both Houses of the Congress enacts legislation permitting otherwise.
Permits any revenue-increasing bill to become law only if approved by a majority of the whole number of both the Senate and the House of Representatives by rollcall vote.
Directs the President to submit a balanced budget to the Congress.
Waives these provisions automatically when a declaration of war is in effect.
What's happening now
Referred to the Subcommittee on Economic and Commercial Law.
Committees of jurisdiction
2
Cosponsors
1