Proposing a balanced budget amendment to the Constitution of the United States.
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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 two-thirds vote of both Houses authorizes a specific excess.
Sets a permanent limit on the amount of Federal public debt, prohibiting any increase unless legislation enacted by a two-thirds majority of both Houses becomes law.
Waives these provisions when a declaration of war is in effect or when the United States is engaged in a military conflict which poses a threat to national security as declared by a joint resolution adopted by a majority of each House.
Referred to the Subcommittee on the Constitution.
- Introduced in House Formatted Text PDF
Cite this page
U.S. Congress. (2026). H.J. Res. 7: Proposing a balanced budget amendment to the Constitution of the United States.. 105th Congress. Open America. https://openamerica.io/bill/105-HJRES-7/
"H.J. Res. 7: Proposing a balanced budget amendment to the Constitution of the United States.." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HJRES-7/.
H.J. Res. 7, 105th Cong. (2026), https://openamerica.io/bill/105-HJRES-7/.
[H.J. Res. 7: Proposing a balanced budget amendment to the Constitution of the United States.](https://openamerica.io/bill/105-HJRES-7/)