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Proposed Constitutional Amendment: Balanced Budget and Debt Limit

This proposed constitutional amendment aims to ensure that government spending does not exceed its revenue in any given year. This means the government would only be able to spend what it collects from taxes and other sources, potentially impacting the availability of public services and tax levels. Additionally, the proposal seeks to freeze the current level of public debt, which could limit future funding for large projects.
Key points
Government spending could not exceed its annual revenue, potentially affecting funding for public programs.
The public debt limit could not be increased, which might restrict the government's ability to borrow for investments.
Raising taxes would require a two-thirds vote in both houses of Congress, making it harder to introduce new financial burdens.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HJRES_2
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2025-01-03
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 119_HJRES_2.

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 2025-01-03.

What are the main provisions?

Key points include:

  • Government spending could not exceed its annual revenue, potentially affecting funding for public programs.
  • The public debt limit could not be increased, which might restrict the government's ability to borrow for investments.
  • Raising taxes would require a two-thirds vote in both houses of Congress, making it harder to introduce new financial burdens.
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. 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 2025-12-21.

CATEGORIES

Economy Taxes Public Investments