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Proposed Constitutional Amendment: Federal Balanced Budget

This proposal aims to amend the Constitution to require that federal government expenditures do not exceed the average annual revenue collected in the three prior years, adjusted for inflation and population changes. This means the government would need to control its spending more strictly, potentially impacting the availability of funds for public programs but also contributing to long-term financial stability.
Key points
Federal expenditures would be capped at the average revenue from the three prior years, adjusted for inflation and population growth.
In emergencies, such as war or natural disaster, Congress can authorize spending above the limit with a two-thirds vote.
The implementation of this rule would be gradual, with a nine-year transition period to allow for adjustment.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HJRES_113
Sponsor: Rep. Arrington, Jodey C. [R-TX-19]
Process start date: 2024-02-07
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Proposing a balanced budget amendment to the Constitution of the United States.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HJRES_113.

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 2024-02-07.

What are the main provisions?

Key points include:

  • Federal expenditures would be capped at the average revenue from the three prior years, adjusted for inflation and population growth.
  • In emergencies, such as war or natural disaster, Congress can authorize spending above the limit with a two-thirds vote.
  • The implementation of this rule would be gradual, with a nine-year transition period to allow for adjustment.
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. Arrington, Jodey C. [R-TX-19].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on the Judiciary.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Economy Courts and Law Public Investments