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Proposed Constitutional Amendment: Balanced Budget and Debt Limit

This proposal aims to amend the Constitution, requiring the government to spend no more than it collects in taxes each year. It means the government could not increase public debt, and raising taxes would require a two-thirds majority vote in Congress. This could impact the availability of public services and future tax levels.
Key points
The government could not spend more money than it collects in a given year, ending budget deficits.
The public debt limit could not be increased, potentially limiting the government's ability to fund large projects.
Raising taxes would require a two-thirds vote in both houses of Congress, making tax increases more difficult.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HJRES_36
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2023-03-01
Lustra uses Artificial Intelligence. Verify details in source documents.
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_36.

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 2023-03-01.

What are the main provisions?

Key points include:

  • The government could not spend more money than it collects in a given year, ending budget deficits.
  • The public debt limit could not be increased, potentially limiting the government's ability to fund large projects.
  • Raising taxes would require a two-thirds vote in both houses of Congress, making tax increases more difficult.
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. Biggs, Andy [R-AZ-5].

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 Taxes Public Investments