H.J.Res.8 - Proposing an amendment to the Constitution of the United States to provide for balanced budgets for the Government.115th Congress (2017-2018)
|Sponsor:||Rep. Fitzpatrick, Brian K. [R-PA-8] (Introduced 01/03/2017)|
|Committees:||House - Judiciary|
|Latest Action:||House - 01/11/2017 Referred to the Subcommittee on the Constitution and Civil Justice. (All Actions)|
This bill has the status Introduced
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Summary: H.J.Res.8 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (01/03/2017)
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 roll call vote of each chamber.
The President must submit an annual budget in which total outlays for the fiscal year do not exceed total receipts.
Congress may waive the requirements for any fiscal year in which: (1) a declaration of war is in effect by a roll call vote, or (2) a declaration of a natural disaster or a national emergency is in effect that was declared by a joint resolution that became law after being adopted by a majority of each chamber of Congress.