A joint resolution proposing an amendment to the constitution relating to a federal balanced budget.
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Constitutional Amendment - Prohibits fiscal year Federal outlays (except those for repayment of debt principal) from exceeding receipts (except those derived from borrowing), unless three-fifths of both Houses of Congress (by roll call vote) provide for a specific excess. Directs the President, prior to each fiscal year, to transmit to the Congress a proposed budget in which outlays do not exceed receipts.
Declares that any bill to increase revenue shall become law only if approved by a majority of each House by a roll call vote, unless such bill is approved by unanimous consent.
Authorizes a waiver of these provisions when: (1) a declaration of war is in effect; or (2) the United States is engaged in military conflict which causes an imminent and serious military threat to national security and is so declared by a joint resolution, adopted by a majority of each House of the Congress, which becomes law.
Committee on Judiciary. Reported to Senate by Senator Biden with an amendment. With written report No. 102-103. Additional views filed.
- Introduced in Senate Formatted Text
- Reported to Senate Formatted Text
Cite this page
U.S. Congress. (2026). S.J. Res. 18: A joint resolution proposing an amendment to the constitution relating to a federal balanced budget.. 102nd Congress. Open America. https://openamerica.io/bill/102-SJRES-18/
"S.J. Res. 18: A joint resolution proposing an amendment to the constitution relating to a federal balanced budget.." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-SJRES-18/.
S.J. Res. 18, 102nd Cong. (2026), https://openamerica.io/bill/102-SJRES-18/.
[S.J. Res. 18: A joint resolution proposing an amendment to the constitution relating to a federal balanced budget.](https://openamerica.io/bill/102-SJRES-18/)