House Joint Resolution 78
117th Congress(2021-2022)
Proposing a balanced budget amendment to the Constitution of the United States.
Introduced
Introduced in House on Mar 21, 2022
Origin Chamber
House
Type
Joint Resolution
Joint Resolution
A form of legislative measure used to propose changes in law, or to propose an amendment to the U.S. Constitution. Depending on the chamber of origin, they begin with a designation of either H.J.Res. or S.J.Res. Concurrent resolutions and simple resolutions are other types of resolutions. Bill is another form of legislative measure used to propose law.
Bill Number
78
Congress
117
Policy Area
Economics and Public Finance
Economics and Public Finance
Primary focus of measure is budgetary matters such as appropriations, public debt, the budget process, government lending, government accounts and trust funds; monetary policy and inflation; economic development, performance, and economic theory.
No House votes have been held for this bill.
Summary
This joint resolution proposes a constitutional amendment prohibiting (1) total outlays for a fiscal year from exceeding total receipts for that fiscal year, and (2) increases to the public debt limit.
For emergency situations, Congress may authorize expenditures that violate these requirements for limited times if the expenditures are approved by a two-thirds vote of each chamber. Any debt incurred from these expenditures must be paid as soon as practicable.
The amendment also prohibits legislation that increases revenue from becoming law unless it is approved by a roll call vote of two-thirds of each chamber.
Finally, the amendment requires the President to submit a balanced budget to Congress annually.
March 21, 2022
11/01/2022
Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
03/21/2022
Referred to the House Committee on the Judiciary.
03/21/2022
Introduced in House
Public Record
Record Updated
Jan 30, 2023 7:45:25 PM