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HJRES 267 99th Congress House Economics and Public Finance Balanced budgets Constitution and constitutional amendments Constitutional amendments Federal budgets

A joint resolution proposing an amendment to the Constitution to provide that expenditures made by the United States shall not exceed its receipts, except in time of war or national emergency, and…

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A joint resolution proposing an amendment to the Constitution to provide that expenditures made by the United States shall not exceed its receipts, except in time of war or national emergency, and providing for its phased-in implementation.

Introduced: April 29, 1985 See on congress.gov
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This bill died when the 99th Congress ended
It never became law before the 99th Congress (1985–1986) 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
May 2, 1985
Referred to Subcommittee on Monopolies and Commercial Law.
Apr 29, 1985
Referred to House Committee on The Judiciary.
Apr 29, 1985
Introduced in House
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 Plain-English summary Congressional Research Service

Constitutional Amendment - Prohibits the Congress from providing for aggregate expenditures exceeding aggregate receipts for any fiscal period. Authorizes the suspension of such prohibition in time of war or national emergency. Provides for the phased implementation of such prohibition over five fiscal periods.

What's happening now May 2, 1985

Referred to Subcommittee on Monopolies and Commercial Law.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1
R
Smith, Christopher H.
New Jersey · May 16, 1985
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APA
U.S. Congress. (2026). H.J. Res. 267: A joint resolution proposing an amendment to the Constitution to provide that expenditures made by the United States shall not exceed its receipts, except in time of war or national emergency, and providing for its phased-in implementation.. 99th Congress. Open America. https://openamerica.io/bill/99-HJRES-267/
MLA
"H.J. Res. 267: A joint resolution proposing an amendment to the Constitution to provide that expenditures made by the United States shall not exceed its receipts, except in time of war or national emergency, and providing for its phased-in implementation.." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-HJRES-267/.
Bluebook (legal)
H.J. Res. 267, 99th Cong. (2026), https://openamerica.io/bill/99-HJRES-267/.
Markdown link
[H.J. Res. 267: A joint resolution proposing an amendment to the Constitution to provide that expenditures made by the United States shall not exceed its receipts, except in time of war or national emergency, and providing for its phased-in implementation.](https://openamerica.io/bill/99-HJRES-267/)
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