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Proposed Constitutional Amendment: Federal Balanced Budget Requirement

This proposal aims to add a rule to the Constitution stating that federal government spending cannot exceed the average revenue collected over the three prior years. This means the government would need to manage its finances more strictly, potentially affecting funding for public programs but also promoting financial stability. In emergencies, Congress could temporarily allow higher spending.
Key points
Federal government spending would be capped at the average revenue from the three previous years, adjusted for population and inflation.
In emergencies (e.g., war, natural disaster), Congress can temporarily allow spending above the limit for up to one year, following a special vote.
The implementation of this rule would be gradual, with a nine-year transition period to allow for adjustment to the new regulations.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HJRES_90
Sponsor: Rep. Mace, Nancy [R-SC-1]
Process start date: 2023-09-18
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Summarized by: gemini-2.5-flash-preview-05-20
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_90.

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 2023-09-18.

What are the main provisions?

Key points include:

  • Federal government spending would be capped at the average revenue from the three previous years, adjusted for population and inflation.
  • In emergencies (e.g., war, natural disaster), Congress can temporarily allow spending above the limit for up to one year, following a special vote.
  • The implementation of this rule would be gradual, with a nine-year transition period to allow for adjustment to the new regulations.
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. Mace, Nancy [R-SC-1].

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 Public Investments