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        <title>Proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.</title>
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        <number>67</number>
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        <fullName>Sen. Lee, Mike [R-UT]</fullName>
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        <lastName>Lee</lastName>
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        <state>UT</state>
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        <fullName>Sen. Grassley, Chuck [R-IA]</fullName>
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        <state>IA</state>
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      <name>Economics and Public Finance</name>
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          <name>Budget deficits and national debt</name>
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          <name>Constitution and constitutional amendments</name>
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          <name>Income tax rates</name>
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          <text>&lt;p&gt;This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year or 18% of the U.S. gross domestic product 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. &lt;/p&gt; &lt;p&gt;The amendment requires a two-thirds vote of each chamber of Congress to levy a new tax, increase the rate of any tax, or increase the debt limit. &lt;/p&gt; &lt;p&gt;The amendment provides any Member of Congress with standing and a cause of action to seek judicial enforcement of this amendment if authorized by a petition signed by one-third of the Members of either chamber of Congress. Courts are prohibited from ordering any increase in revenue to enforce this amendment. &lt;/p&gt;</text>
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    <title>A joint resolution proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.</title>
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        <title>A joint resolution proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.</title>
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        <title>A joint resolution proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.</title>
        <updateDate>2023-02-18T02:43:49Z</updateDate>
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        <date>2023-02-16T05:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-118sjres14is/xml/BILLS-118sjres14is.xml</url>
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    <latestAction>
      <actionDate>2023-02-16</actionDate>
      <text>Read twice and referred to the Committee on the Judiciary.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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