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Proposed Constitutional Amendment: Federal Balanced Budget Requirement

This proposal aims to amend the Constitution to require that federal government spending does not exceed its revenues. This means the government would need to manage its finances more carefully, potentially impacting public services and future tax levels. The changes are intended to limit national debt.
Key points
Federal government outlays could not exceed receipts in a fiscal year, unless 3/5 of Congress votes otherwise.
Increasing the public debt limit would require a 3/5 vote in Congress.
The President would have to submit a budget where outlays do not exceed receipts.
Raising taxes would require a majority vote in Congress by roll call.
These rules could only be waived during a declared war or a serious national security threat.
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Status:
Expired
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Additional Information
Print number: 118_HJRES_12
Sponsor: Rep. Nunn, Zachary [R-IA-3]
Process start date: 2023-01-09
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

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_12.

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 2023-01-09.

What are the main provisions?

Key points include:

  • Federal government outlays could not exceed receipts in a fiscal year, unless 3/5 of Congress votes otherwise.
  • Increasing the public debt limit would require a 3/5 vote in Congress.
  • The President would have to submit a budget where outlays do not exceed receipts.
  • Raising taxes would require a majority vote in Congress by roll call.
  • These rules could only be waived during a declared war or a serious national security threat.
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. Nunn, Zachary [R-IA-3].

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.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Courts and Law Taxes