US HJR69 | 2015-2016 | 114th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on October 8 2015 - 25% progression, died in committee
Action: 2015-11-03 - Referred to the Subcommittee on the Constitution and Civil Justice.
Pending: House Subcommittee on the Constitution And Civil Justice Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Proposing a balanced budget amendment to the Constitution of the United States. This joint resolution proposes a constitutional amendment prohibiting total outlays of the operating funds of the United States from exceeding total receipts of those funds for a fiscal year unless Congress authorizes the excess by a three-fifths vote of each chamber. The prohibition excludes: outlays for repayment of debt principal, capital investments, and Social Security; and receipts derived from net borrowing or Social Security. The President must submit an annual budget in which total outlays for operating funds do not exceed total receipts for those funds for the fiscal year. Congress may waive the requirements for two years if: (1) a declaration of war is in effect, or (2) the Congressional Budget Office estimates that real economic growth has been or will be less than 1% for two consecutive quarters during the two-year period. Congress may also waive the requirements for any year in which the United States is engaged in military conflict which causes an imminent and serious military threat to national security.

Tracking Information

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Title

Proposing a balanced budget amendment to the Constitution of the United States.

Sponsors


History

DateChamberAction
2015-11-03HouseReferred to the Subcommittee on the Constitution and Civil Justice.
2015-10-08HouseReferred to the House Committee on the Judiciary.
2015-10-08HouseIntroduced in House

Same As/Similar To

HJR2 (Related) 2015-01-12 - Referred to the Subcommittee on the Constitution and Civil Justice.

Subjects


US Congress State Sources


Bill Comments

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