US HJR73 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Republican 10-0)
Status: Introduced on January 27 2010 - 25% progression, died in chamber
Action: 2010-03-01 - Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
Text: Latest bill text (Introduced) [PDF]

Summary

Constitutional Amendment - Prohibits outlays for a fiscal year (including those for debt service and other debt functions) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a two-thirds roll call vote of each chamber, authorizes a specific excess of outlays over receipts. Prohibits outlays for the total budget from exceeding the previous fiscal years' outlays plus population growth and inflation, unless a two-thirds roll call vote of each chamber, provides for such increase. Directs the President to submit a balanced budget to Congress annually. Prohibits any bill to increase revenue from becoming law unless approved by a two-thirds roll call vote of each chamber. Authorizes waivers of these provisions when a declaration of war is in effect only by a vote of a majority of both chambers. Requires all: (1) outlays above revenues from the previous fiscal year to be accounted for in the outlays and budgets of the following fiscal year; and (2) surplus revenues at the end of a fiscal year to be allocated to a fund to be returned to the taxpayers, determined by legislation before the end of the subsequent fiscal year.

Tracking Information

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Title

Proposing an amendment to the Constitution of the United States to balance the Federal budget.

Sponsors


History

DateChamberAction
2010-03-01 Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
2010-01-27 Referred to the House Committee on the Judiciary.

Same As/Similar To

HJR75 (Related) 2010-02-03 - Referred to the House Committee on the Judiciary.
HJR78 (Related) 2010-06-15 - Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
SJR22 (Related) 2009-12-15 - Read twice and referred to the Committee on the Judiciary.
HJR89 (Related) 2010-07-26 - Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.

Subjects


US Congress State Sources


Bill Comments

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