3.0.0 4 2023-01-11T13:29:16Z 2023-01-11T13:29:16Z House HJRES 2015-01-06 114 [Congressional Record Volume 161, Number 1 (Tuesday, January 6, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BUCHANAN:H.J. Res. 4.Congress has the power to enact this legislation pursuantto the following:The constitutional authority on which this joint resolutionrests is the power of Congress as enumerated in Article V orthe United States Constitution.[Page H49]]]> hsju00 Judiciary Committee House Standing hsju10 Constitution and Limited Government Subcommittee Referred to 2015-01-12T14:09:28Z Referred to 2015-01-06T17:07:30Z Proposing an amendment to the Constitution of the United States relative to balancing the budget. 114 17 HJRES 2015-01-22 Referred to the Subcommittee on the Constitution and Civil Justice. Related bill CRS A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget. 114 6 SJRES 2016-03-16 Committee on the Judiciary. Hearings held. Related bill CRS Proposing a balanced budget amendment to the Constitution of the United States. 114 7 HJRES 2015-01-12 Referred to the Subcommittee on the Constitution and Civil Justice. Related bill CRS 2015-01-12 hsju10 Constitution and Limited Government Subcommittee 1 House committee actions Referred to the Subcommittee on the Constitution and Civil Justice. Committee 2015-01-06 Referred to the House Committee on the Judiciary. IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2015-01-06 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-01-06 Introduced in House IntroReferral 1000 9 Library of Congress B001260 Rep. Buchanan, Vern [R-FL-16] Vern Buchanan R FL 16 N L000576 Rep. Long, Billy [R-MO-7] Billy Long R MO 7 2015-01-06 True Economics and Public Finance Budget deficits and national debt Budget process Constitution and constitutional amendments Income tax rates Legislative rules and procedure Economics and Public Finance 00 2015-01-06 Introduced in House 2015-02-10T18:38:27Z Constitutional Amendment

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 vote of each chamber. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing.

The amendment prohibits total outlays for any fiscal year from exceeding 18% of the gross domestic product of the United States, unless two-thirds of each house of Congress provides for a specific increase above this amount.

The amendment requires a two-thirds vote of each chamber of Congress to impose a new tax, increase the statutory rate of any tax, or increase the aggregate amount of revenue. It requires a three-fifths vote of each chamber to increase the limit on the debt of the United States.

The President is required to submit an annual budget in which total outlays do not exceed total receipts and 18% of the gross domestic product of the United States.

The amendment prohibits a court from ordering a revenue increase to enforce the provisions of the amendment.

Congress is authorized to waive specified provisions of the amendment when the United States is engaged in a military conflict which causes an imminent and serious military threat to national security.

]]> Proposing an amendment to the Constitution of the United States relative to balancing the budget. Display Title Proposing an amendment to the Constitution of the United States relative to balancing the budget. Official Title as Introduced Proposing an amendment to the Constitution of the United States relative to balancing the budget. Introduced in House IH Introduced in House 2015-01-06T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hjres4ih/xml/BILLS-114hjres4ih.xml 2015-01-12 Referred to the Subcommittee on the Constitution and Civil Justice. 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.