HJRES2119th CongressWALLET

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

Sponsored By: Representative Biggs (AZ)

Introduced

Summary

Balanced-budget constraint: This bill would add a new Article to the Constitution requiring total federal outlays in any fiscal year not to exceed total receipts. It would also bar increases in the public debt limit and require a two-thirds recorded rollcall vote in each House for any bill that raises revenue.

Show full summary
  • Congress: Revenue-raising bills would need a two-thirds rollcall vote in each House, changing the vote threshold for tax and other revenue laws.
  • Federal borrowing: The amendment would prevent increasing the United States' public debt limit, limiting the government's ability to expand public debt.
  • Ratification and trigger: The Article would take effect only after two-thirds of both Houses propose it and three-fourths of state legislatures ratify it.

*If adopted, the amendment would constitutionally constrain annual federal deficits, restrict new borrowing, and make revenue increases harder to enact.*

Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 0 costs, 2 mixed.

Balanced budget and no new debt

If enacted, the Constitution would require a balanced federal budget each year. The government could not spend more in a fiscal year than it takes in. Congress and the Treasury could not raise the public debt limit. This could lead to program cuts, delayed payments, or tax changes to keep the books balanced. No emergency exceptions are listed, and adoption would need two‑thirds of Congress and three‑fourths of states.

Two-thirds vote to raise taxes

If enacted, any bill that raises federal revenue would need a two‑thirds vote in each House by roll call. This would make tax increases harder to pass. Households and businesses could face fewer tax hikes, but funding for programs could be harder to raise. This would take two‑thirds of Congress to propose and three‑fourths of states to ratify before it takes effect.

Sponsors & CoSponsors

Sponsor

Biggs (AZ)

AZ • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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