arrow_back Explore the Feed

Proposed Constitutional Amendment: Balanced Government Budgets

This proposed constitutional amendment aims to ensure that government spending does not exceed its revenue in any given fiscal year. This means the government would need to manage finances more responsibly, potentially leading to greater economic stability and reduced public debt. For citizens, this could mean more predictability regarding taxes and public spending.
Key points
Government spending cannot exceed revenue in a fiscal year, unless two-thirds of Congress votes otherwise.
The President must submit a budget where spending does not exceed revenue.
These rules can be waived during war, national emergency, or natural disaster with Congressional approval.
The changes will take effect five years after ratification by the states.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HJRES_8
Sponsor: Rep. Fitzpatrick, Brian K. [R-PA-1]
Process start date: 2021-01-04
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Proposing an amendment to the Constitution of the United States to provide for balanced budgets for the Government.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HJRES_8.

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 2021-01-04.

What are the main provisions?

Key points include:

  • Government spending cannot exceed revenue in a fiscal year, unless two-thirds of Congress votes otherwise.
  • The President must submit a budget where spending does not exceed revenue.
  • These rules can be waived during war, national emergency, or natural disaster with Congressional approval.
  • The changes will take effect five years after 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. Fitzpatrick, Brian K. [R-PA-1].

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 Courts and Law