Bill Sponsor
Senate Joint Resolution 6
117th Congress(2021-2022)
A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget.
Introduced
Introduced
Introduced in Senate on Feb 3, 2021
Overview
Text
Introduced
Feb 3, 2021
Latest Action
Feb 3, 2021
Origin Chamber
Senate
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
6
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.
Sponsorship by Party
Republican
Mississippi
Republican
Indiana
Republican
Nebraska
Republican
North Carolina
Republican
North Dakota
Republican
Oklahoma
Republican
Tennessee
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

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 vote of each chamber. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing.

The amendment prohibits total outlays for any fiscal year from exceeding 18% of the gross domestic product of the United States, unless two-thirds of each chamber of Congress provides for a specific increase above this amount.

The amendment requires a two-thirds vote of each chamber of Congress to impose a new tax, increase the statutory rate of any tax, or increase the aggregate amount of revenue. It requires a three-fifths vote of each chamber to increase the limit on the debt of the United States.

The President must submit an annual budget in which total outlays do not exceed total receipts and 18% of the gross domestic product of the United States.

The amendment prohibits a court from ordering a revenue increase to enforce the requirements.

Congress may waive specified requirements when a declaration of war is in effect or the United States is engaged in a military conflict that causes an imminent and serious military threat to national security.

Text (1)
February 3, 2021
Actions (2)
02/03/2021
Read twice and referred to the Committee on the Judiciary.
02/03/2021
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:46:29 PM