Proposing a balanced budget amendment to the Constitution of the United States.
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Placed on the House Calendar, Calendar No. 49.
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.
Limits total outlays for any fiscal year to 18% of the U.S. economic output, unless two-thirds of each House of Congress provides for a specific increase above this amount.
Requires a three-fifths rollcall vote of each chamber to increase the public debt limit.
Directs the President to submit a balanced budget to Congress annually.
Prohibits any bill to increase revenue from becoming law unless approved by two-thirds of each chamber by rollcall vote.
Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.
- Introduced in House Formatted Text PDF Formatted XML
- Reported in House Formatted Text PDF
Cite this page
U.S. Congress. (2026). H.J. Res. 1: Proposing a balanced budget amendment to the Constitution of the United States.. 112th Congress. Open America. https://openamerica.io/bill/112-HJRES-1/
"H.J. Res. 1: Proposing a balanced budget amendment to the Constitution of the United States.." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HJRES-1/.
H.J. Res. 1, 112th Cong. (2026), https://openamerica.io/bill/112-HJRES-1/.
[H.J. Res. 1: Proposing a balanced budget amendment to the Constitution of the United States.](https://openamerica.io/bill/112-HJRES-1/)