arrow_back Back to App

Proposed Constitutional Amendment: Balanced Federal Budget

This proposal aims to add a rule to the Constitution stating that federal government spending cannot exceed its income in a given year. This means the government would only be able to spend what it collects from taxes and other sources, potentially impacting funding for public programs and national financial stability. These changes could limit national debt but also require difficult budget decisions.
Key points
Federal government spending could not exceed its income in a given year, potentially affecting funding for public programs.
Increasing revenue (e.g., taxes) would require a majority vote in both Houses of Congress, and increasing the debt limit would require a three-fifths vote.
These rules could be waived in times of war or serious national security threats.
The President would be required to submit a budget where outlays do not exceed receipts.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HJRES_21
Sponsor: Rep. Van Orden, Derrick [R-WI-3]
Process start date: 2023-01-12