Proposing an amendment to the Constitution of the United States requiring a balanced budget for the Federal Government.
Latest Action
On motion to suspend the rules and pass the resolution Failed by the Yeas and Nays: (2/3 required): 211 - 207 (Roll no. 95).
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Official Summary
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This joint resolution proposes a constitutional amendment prohibiting total federal expenditures for a year from exceeding the average annual federal receipts collected in the three prior years, adjusted for changes in the population of U.S. citizens and inflation. Expenditures for payment of debt and receipts derived from borrowing are excluded. Under the amendment, Congress may authorize specific expenditures in excess of the limit with (1) a roll call vote of two-thirds of each chamber, or (2) a roll call vote for any year in which a declaration of war is in effect. The amendment also prohibits any bill to levy a new tax or increase the rate of any tax from becoming law unless it has been approved by a roll call vote of two-thirds of the whole number of each chamber of Congress. The requirements take effect in the fifth year beginning after ratification of the amendment.
Primary Sponsors
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Cosponsors
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Recorded Actions
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On motion to suspend the rules and pass the resolution Failed by the Yeas and Nays: (2/3 required): 211 - 207 (Roll no. 95).
Official source ↗Mr. Biggs (AZ) moved to suspend the rules and pass the resolution.
Official source ↗Failed of passage/not agreed to in House On motion to suspend the rules and pass the resolution Failed by the Yeas and Nays: (2/3 required): 211 - 207 (Roll no. 95).
Official source ↗DEBATE - Pursuant to the provisions of H. Res. 1115, the House proceeded with one hour of debate on H.J. Res. 139
Official source ↗Considered under suspension of the rules. (consideration: CR H2560-2568; text: CR H2560-2561)
Official source ↗Considered as unfinished business. (consideration: CR H2583-2584)
Official source ↗At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Official source ↗Linked Votes
Roll-call votes associated with this legislation.