Skip to main content
SJRES 27 111th Congress Senate Economics and Public Finance Budget deficits and national debt Constitution and constitutional amendments Income tax rates Legislative rules and procedure

A joint resolution proposing a balanced budget amendment to the Constitution of the United States.

Introduced: February 4, 2010 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 4, 2010
Introduced in Senate
Feb 4, 2010
Read twice and referred to the Committee on the Judiciary.
 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 two-thirds rollcall vote of each chamber, authorizes a specific excess of outlays over receipts.

Requires a two-thirds rollcall vote of each chamber to increase the public debt limit.

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

Requires a two-thirds rollcall vote in each chamber before final adoption of any bill to increase the internal revenue.

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

What's happening now February 4, 2010

Read twice and referred to the Committee on the Judiciary.

 Committees of jurisdiction 1