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Proposed US Government Spending Limit: No More Than Revenue and 20% of GDP

A proposed change to the US Constitution would set new rules for government spending. It would mean the government couldn't spend more money than it collects (excluding borrowing) and no more than 20% of the country's total economic output from the previous year. These limits could affect how the government funds public services and programs.
Key points
US government spending in any year could not exceed the amount of revenue collected (excluding borrowing).
US government spending in any year could not exceed 20% of the country's economic output from the previous year.
These rules would not apply during a time of war.
Congress could temporarily suspend these rules with a special vote.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_SJRES_12
Sponsor: Sen. Shelby, Richard C. [R-AL]
Process start date: 2021-03-18
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Summarized by: gemini-2.5-flash-preview-04-17
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A joint resolution proposing an amendment to the Constitution of the United States which requires (except during time of war and subject to suspension by Congress) that the total amount of money expended by the United States during any fiscal year not exceed the amount of certain revenue received by the United States during such fiscal year and not exceed 20 percent of the gross domestic product of the United States during the previous calendar year.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_SJRES_12.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-03-18.

What are the main provisions?

Key points include:

  • US government spending in any year could not exceed the amount of revenue collected (excluding borrowing).
  • US government spending in any year could not exceed 20% of the country's economic output from the previous year.
  • These rules would not apply during a time of war.
  • Congress could temporarily suspend these rules with a special vote.
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 Sen. Shelby, Richard C. [R-AL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy