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H J Res 1 - Balanced Budget Proposed Constitutional Amendment - National Key Vote

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Title: Balanced Budget Proposed Constitutional Amendment

Vote Smart's Synopsis:

Vote to adopt an amendment to the Constitution that prohibits total expenditures from exceeding total revenue for a fiscal year, unless three-fifths of Congress votes to pass a bill stating otherwise.

Highlights:

  • Requires a 3/5 vote of Congress to increase the public debt.
  • Prohibits tax increase legislation from becoming law unless approved by 3/5 of the U.S. Congress.
  • Waives provisions of the amendment when a declaration of war is in effect, or if Congress passes a joint resolution stating that the U.S. faces an imminent and serious military threat to national security.
  • Directs the President to submit a balanced budget proposal to the Congress regarding the expenditures and revenue of the U.S. Government.

Full Bill Text

See How Your Politicians Voted

Title: Balanced Budget Proposed Constitutional Amendment

Vote Smart's Synopsis:

Vote to adopt an amendment to the Constitution that prohibits total expenditures from exceeding total revenue for a fiscal year, unless three-fifths of Congress votes to pass a bill stating otherwise.

Highlights:

  • Requires a 3/5 vote of Congress to increase the public debt.
  • Prohibits tax increase legislation from becoming law unless approved by 3/5 of the U.S. Congress.
  • Waives provisions of the amendment when a declaration of war is in effect, or if Congress passes a joint resolution stating that the U.S. faces an imminent and serious military threat to national security.
  • Directs the President to submit a balanced budget proposal to the Congress regarding the expenditures and revenue of the U.S. Government.

NOTE: AN AMENDMENT TO THE CONSTITUTION REQUIRES TWO-THIRDS APPROVAL IN EACH CHAMBER OF CONGRESS, AND RATIFICATION BY THREE-FOURTHS OF THE STATE LEGISLATURES WITHIN SEVEN YEARS OF THE DATE THE AMENDMENT WAS SUBMITTED.

Full Bill Text

See How Your Politicians Voted

Title: Balanced Budget Proposed Constitutional Amendment

Vote Smart's Synopsis:

Vote to adopt an amendment to the Constitution that prohibits total expenditures from exceeding total revenue for a fiscal year, unless three-fifths of Congress votes to pass a bill stating otherwise.

Highlights:

  • Requires a 3/5 vote of Congress to increase the public debt.
  • Prohibits tax increase legislation from becoming law unless approved by 3/5 of the U.S. Congress.
  • Waives provisions of the amendment when a declaration of war is in effect, or if Congress passes a joint resolution stating that the U.S. faces an imminent and serious military threat to national security.
  • Directs the President to submit a balanced budget proposal to the Congress regarding the expenditures and revenue of the U.S. Government.

NOTE: AN AMENDMENT TO THE CONSTITUTION REQUIRES TWO-THIRDS APPROVAL IN EACH CHAMBER OF CONGRESS, AND RATIFICATION BY THREE-FOURTHS OF THE STATE LEGISLATURES WITHIN SEVEN YEARS OF THE DATE THE AMENDMENT WAS SUBMITTED.

Full Bill Text

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