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Proposed Constitutional Amendment: Limiting Government Debt Increases

This proposed constitutional amendment aims to restrict the U.S. government's ability to increase its debt. Any debt increase would require a specific purpose and approval by three-fourths of the members of both houses of Congress. Citizens might see this impact future public spending and the nation's financial stability.
Key points
The U.S. Government could not increase its debt without specific Congressional approval.
Approval for debt increases would require a three-fourths vote from both the House and Senate.
This amendment would take effect ten years after its ratification by the states.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HJRES_74
Sponsor: Rep. McClintock, Tom [R-CA-4]
Process start date: 2022-03-07
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Proposing an amendment to the Constitution of the United States prohibiting the United States Government from increasing its debt except for a specific purpose by law adopted by three-fourths of the membership of each House of Congress.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HJRES_74.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-03-07.

What are the main provisions?

Key points include:

  • The U.S. Government could not increase its debt without specific Congressional approval.
  • Approval for debt increases would require a three-fourths vote from both the House and Senate.
  • This amendment would take effect ten years after its ratification by the states.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. McClintock, Tom [R-CA-4].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Economy Public Investments