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HJRES 45 110th Congress House Economics and Public Finance Balanced budgets Budget deficits Congress Congressional voting Constitutional amendments Federal budgets Government Operations and Politics Government trust funds Law Old age, survivors and disability insurance Record votes Social Welfare

Proposing a balanced budget amendment to the Constitution of the United States.

Introduced: June 12, 2007 Introduced by: Gillibrand, Kirsten E. Democratic · New York See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 2007
Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
Jun 12, 2007
Referred to the House Committee on the Judiciary.
Jun 12, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths rollcall vote of each chamber, authorizes a specific excess of outlays over receipts.

Directs the President to submit a balanced budget to Congress annually.

Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.

Requires the appropriate congressional committees to report implementing legislation to achieve a balanced budget without reducing the disbursements of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund to achieve that goal.

What's happening now June 25, 2007

Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 2