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Constitutional Amendment: New Rules for Public Debt and Taxes

A proposed amendment to the U.S. Constitution introduces strict limits on public debt and government spending. Citizens may experience impacts on national financial stability and on decision-making processes for tax increases, which will require greater Congressional support.
Key points
Government outlays cannot exceed receipts unless debt is strictly controlled.
The public debt limit can only be increased with the approval of a majority of state legislatures.
The President must impound expenditures if debt approaches the limit, with failure to act being an impeachable offense.
New or increased general revenue taxes will require a two-thirds vote in both Houses of Congress.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HJRES_112
Sponsor: Rep. Burlison, Eric [R-MO-7]
Process start date: 2025-08-15
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Proposing an amendment to the Constitution of the United States related to the public debt.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HJRES_112.

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 2025-08-15.

What are the main provisions?

Key points include:

  • Government outlays cannot exceed receipts unless debt is strictly controlled.
  • The public debt limit can only be increased with the approval of a majority of state legislatures.
  • The President must impound expenditures if debt approaches the limit, with failure to act being an impeachable offense.
  • New or increased general revenue taxes will require a two-thirds vote in both Houses of Congress.
What is the specific legal status?

The current status is Introduced.

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. Burlison, Eric [R-MO-7].

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 2025-12-21.

CATEGORIES

Economy Taxes Courts and Law