Plain English
GovGreed Synthesis ·
This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a two-thirds roll call vote of each chamber. The amendment also requires the President to submit an annual budget in which total outlays for the fiscal year do not exceed total receipts. Congress may waive the requirements for any fiscal year in which (1) a declaration of war is in effect by a roll call vote, or (2) a declaration of a natural disaster or a national emergency is in effect that was declared by a joint resolution that became law after being adopted by a majority of each chamber of Congress.
Market Impact Map
Action Timeline
2025-01-03
Referred to the House Committee on the Judiciary.
2025-01-03
Introduced in House
2025-01-03
Introduced in House
Full Bill Text
119 HJ 6 IH: Proposing an amendment to the Constitution of the United States to provide for balanced budgets for the Government. U.S. House of Representatives 2025-01-03 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IA 119th CONGRESS 1st Session H. J. RES. 6 IN THE HOUSE OF REPRESENTATIVES January 3, 2025 Mr. Fitzpatrick submitted the following joint resolution; which was referred to the Committee on the Judiciary JOINT RESOLUTION Proposing an amendment to the Constitution of the United States to provide for balanced budgets for the Government. That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States: — 1. Total outlays for any fiscal year shall not exceed total receipts for that fiscal year, unless two-thirds of the whole number of each House of Congress shall provide by law for a specific excess of outlays over receipts by a rollcall vote. 2. Prior to each fiscal year, the President shall transmit to the Congress a proposed budget for the United States Government for that fiscal year in which total outlays do not exceed total receipts. 3. The Congress may waive the provisions of this article for any fiscal year in which a declaration of war is in effect by a rollcall vote. 4. The Congress may waive the provisions of this article for any fiscal year in which a declaration of national emergency is in effect, as so declared by a joint resolution, adopted by a majority of the whole number of each House, which becomes law. 5. The Congress may waive the provisions of this article for any fiscal year in which a declaration of a natural disaster is in effect, as so declared by a joint resolution, adopted by a majority of the whole number of each House, which becomes law. 6. The Congress shall enforce and implement this article by appropriate legislation, which may rely on estimates of outlays and receipts. 7. This article shall take effect beginning with the fifth fiscal year beginning after its ratification. .
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