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Constitutional Amendment: Federal Balanced Budget Requirement

This proposed constitutional amendment aims to mandate that the federal government's annual spending cannot exceed its average revenue from the three prior years, adjusted for population and inflation. This could lead to more disciplined government spending and potentially impact the funding of various public programs and services in the future. For citizens, this might mean greater fiscal stability but also potential limitations on government expenditures.
Key points
The federal government would be required to maintain a balanced budget, limiting spending to average revenues from the past three years, adjusted for inflation and population.
Any new taxes or tax rate increases would need approval by a two-thirds vote in both houses of Congress, making it harder to raise taxes.
Spending limits could be exceeded in emergencies like a declared war or with a special two-thirds vote by Congress.
The changes would take effect five years after being ratified by three-fourths of the states, allowing time for adjustment to the new rules.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HJRES_139
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2026-01-09