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Congressional Budget Accountability: Pay Cuts and Supermajority Rule

This bill aims to compel Congress to pass balanced budgets. If Congress fails to do so, members' salaries could be withheld or reduced. Additionally, any tax increases will require a three-fifths supermajority vote, making it harder to impose new financial burdens on citizens.
Key points
Withholding or reducing Congressional members' salaries for failing to adopt a balanced budget.
Requiring a three-fifths supermajority vote in Congress for any bill that increases revenue.
A balanced budget is defined as total outlays not exceeding total receipts and not more than 18% of projected GDP.
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Additional Information
Print number: 117_S_48
Sponsor: Sen. Daines, Steve [R-MT]
Process start date: 2021-01-26