H.J.R.E.S. 2
Proposing a balanced budget amendment to the Constitution of the United States.
In Plain Language
This proposal would add an amendment to the Constitution requiring the federal government to balance its budget each year—spending no more than it takes in. It would also block any increase to the nation's debt limit and require a two-thirds majority vote in both the House and Senate to pass any bill that raises taxes.
Official Congressional Research Service summary
This joint resolution proposes a constitutional amendment that prohibits total outlays for any fiscal year from exceeding total receipts for that fiscal year.The amendment also prohibits (1) increases to the federal debt limit, and (2) a bill that increases revenue from becoming law unless the bill has been approved by two-thirds of each chamber of Congress with a roll call vote.
Sponsor
Cosponsors
None listed
Latest action
Referred to the House Committee on the Judiciary.
Jan 3, 2025
Official source
Action history
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