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HJRES 110 115th Congress House Economics and Public Finance Budget deficits and national debt Conflicts and wars Constitution and constitutional amendments Defense spending Military operations and strategy

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

Introduced: July 19, 2017 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 3, 2017
Referred to the Subcommittee on the Constitution and Civil Justice.
Jul 19, 2017
Referred to the House Committee on the Judiciary.
Jul 19, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Constitutional Amendment

This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for the year, excluding outlays for repayment of debt principal and receipts derived from borrowing.

The President must submit an annual budget in which total outlays for the fiscal year do not exceed total receipts.

Congress may waive the requirements for any fiscal year in which:

  • a declaration of war is in effect,
  • the United States is engaged in a military conflict which causes an imminent and serious military threat to national security as declared by a joint resolution, or
  • a national emergency has been declared by a joint resolution.

Any waiver must identify and be limited to the specific increase for the year that is necessary for the military conflict or emergency. Any increase in spending pursuant to a waiver must be offset by a budget surplus within 10 years of the end of the waiver.

What's happening now August 3, 2017

Referred to the Subcommittee on the Constitution and Civil Justice.

 Committees of jurisdiction 2