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Proposed Constitutional Amendment: Balancing the Budget and Spending Control

This proposed amendment to the U.S. Constitution aims to introduce strict rules for government spending and revenue to ensure a balanced budget. This means the government generally couldn't spend more than it collects, which could impact the availability of public services and future tax levels. These changes are intended to bring greater financial stability to the country.
Key points
Government spending generally cannot exceed its income, unless two-thirds of Congress approves an exception.
Total government spending cannot exceed 18% of the nation's economy, unless two-thirds of Congress approves an exception.
New taxes or tax increases would require approval from two-thirds of Congress.
Increasing the national debt limit would require approval from three-fifths of Congress.
These rules could be suspended during a declared war or a serious military conflict threatening national security.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HJRES_3
Sponsor: Rep. Buchanan, Vern [R-FL-16]
Process start date: 2025-01-03
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Proposing an amendment to the Constitution of the United States relative to balancing the budget.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HJRES_3.

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 generally cannot exceed its income, unless two-thirds of Congress approves an exception.
  • Total government spending cannot exceed 18% of the nation's economy, unless two-thirds of Congress approves an exception.
  • New taxes or tax increases would require approval from two-thirds of Congress.
  • Increasing the national debt limit would require approval from three-fifths of Congress.
  • These rules could be suspended during a declared war or a serious military conflict threatening national security.
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. Buchanan, Vern [R-FL-16].

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