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SJRES 4 112th Congress Senate Economics and Public Finance Budget deficits and national debt Constitution and constitutional amendments

A joint resolution proposing an amendment to the Constitution of the UnitedStates which requires (except during time of war and subject to suspension by Congress) that the total amount of money…

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A joint resolution proposing an amendment to the Constitution of the UnitedStates which requires (except during time of war and subject to suspension by Congress) that the total amount of money expended by the United States during any fiscal year not exceed the amount of certain revenue received by the United States during such fiscal year and not to exceed 20 per cent of the gross national product of the United States during the previous calendar year.

Introduced: February 1, 2011 See on congress.gov
This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 1, 2011
Read twice and referred to the Committee on the Judiciary.
Feb 1, 2011
Sponsor introductory remarks on measure. (CR S424)
Feb 1, 2011
Introduced in Senate
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 Plain-English summary Congressional Research Service

Constitutional Amendment - Prohibits, except in time of a congressionally declared war, federal fiscal year expenditures from exceeding: (1) federal revenues for that fiscal year, except revenue received from the issuance of bonds, notes, or other obligations of the United States; and (2) 20% of the gross national product for the preceding calendar year. Authorizes suspension of these prohibitions by concurrent resolution approved by a three-fifths vote of each chamber.

What's happening now February 1, 2011

Read twice and referred to the Committee on the Judiciary.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S.J. Res. 4: A joint resolution proposing an amendment to the Constitution of the UnitedStates which requires (except during time of war and subject to suspension by Congress) that the total amount of money expended by the United States during any fiscal year not exceed the amount of certain revenue received by the United States during such fiscal year and not to exceed 20 per cent of the gross national product of the United States during the previous calendar year.. 112th Congress. Open America. https://openamerica.io/bill/112-SJRES-4/
MLA
"S.J. Res. 4: A joint resolution proposing an amendment to the Constitution of the UnitedStates which requires (except during time of war and subject to suspension by Congress) that the total amount of money expended by the United States during any fiscal year not exceed the amount of certain revenue received by the United States during such fiscal year and not to exceed 20 per cent of the gross national product of the United States during the previous calendar year.." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-SJRES-4/.
Bluebook (legal)
S.J. Res. 4, 112th Cong. (2026), https://openamerica.io/bill/112-SJRES-4/.
Markdown link
[S.J. Res. 4: A joint resolution proposing an amendment to the Constitution of the UnitedStates which requires (except during time of war and subject to suspension by Congress) that the total amount of money expended by the United States during any fiscal year not exceed the amount of certain revenue received by the United States during such fiscal year and not to exceed 20 per cent of the gross national product of the United States during the previous calendar year.](https://openamerica.io/bill/112-SJRES-4/)
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