[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7656 Introduced in House (IH)]

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118th CONGRESS
  2d Session
                                H. R. 7656

  To amend title 31, United States Code, to require the President to 
     submit a balanced budget to Congress, and for other purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 13, 2024

  Mr. Feenstra (for himself, Mr. Bergman, Mrs. Spartz, Mr. Mann, Mrs. 
 Bice, and Mr. Nunn of Iowa) introduced the following bill; which was 
                referred to the Committee on the Budget

_______________________________________________________________________

                                 A BILL


 
  To amend title 31, United States Code, to require the President to 
     submit a balanced budget to Congress, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Balanced Budget and Accounting 
Act''.

SEC. 2. REQUIRING PRESIDENTS ANNUAL BUDGET TO BE BALANCED BUDGET.

    Section 1105(a) of title 31, United States Code, is amended in the 
matter preceding paragraph (1) by inserting after the first sentence 
the following: ``Each budget shall be a balanced budget, and under each 
budget total outlays may not exceed total receipts during the 
applicable fiscal year.''.
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