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Proposed Constitutional Amendment: Balanced Federal Budget Requirement

This proposal aims to add a rule to the Constitution stating that federal government spending cannot exceed its income in a given fiscal year. This means the government would have to spend only what it collects from taxes and other sources, potentially impacting the nation's financial stability and the future availability of public services.
Key points
Federal government spending cannot exceed its income in any fiscal year, unless two-thirds of Congress approves an exception.
The President must propose a budget where spending does not exceed income.
These changes would take effect five years after being approved by most states.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HJRES_17
Sponsor: Rep. Obernolte, Jay [R-CA-23]
Process start date: 2025-01-13
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Summarized by: gemini-2.5-flash
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 119_HJRES_17.

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 2025-01-13.

What are the main provisions?

Key points include:

  • Federal government spending cannot exceed its income in any fiscal year, unless two-thirds of Congress approves an exception.
  • The President must propose a budget where spending does not exceed income.
  • These changes would take effect five years after being approved by most states.
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. Obernolte, Jay [R-CA-23].

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 Public Investments