H.J.Res.22 - Proposing a balanced budget amendment to the Constitution of the United States.116th Congress (2019-2020)
|Sponsor:||Rep. Chabot, Steve [R-OH-1] (Introduced 01/08/2019)|
|Committees:||House - Judiciary|
|Latest Action:||House - 01/08/2019 Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties. (All Actions)|
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Summary: H.J.Res.22 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (01/08/2019)
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 three-fifths roll call vote of each chamber. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing.
The amendment requires roll call votes of (1) three-fifths of each chamber of Congress to increase the public debt limit, and (2) a majority of each chamber for legislation increasing revenue.
It also requires the President to submit a balanced budget to Congress annually.
Congress is authorized to waive these requirements when a declaration of war is in effect or if the United States is engaged in a military conflict which causes an imminent and serious military threat to national security.