HJRES 17 · Proposing a balanced budget amendment to the Constitution of the United States.
Referred to the House Committee on the Judiciary.
- Introduced
- Jan 13, 2025
- Latest action
- Jan 13, 2025
- Sponsor
- Rep. Jay Obernolte [R-CA-23]
- Policy area
- Economics and Public Finance
- Cosponsors
- 2
Summary
This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a two-thirds roll call vote of each chamber. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing. The amendment also requires the President to submit an annual budget in which total outlays do not exceed total receipts.
Recent actions
- Jan 13, 2025 Referred to the House Committee on the Judiciary.
- Jan 13, 2025 Introduced in House
- Jan 13, 2025 Introduced in House
Votes
No recorded votes are available for this bill.