HJRES10Referred to Committee

Proposing a balanced budget amendment to the Constitution of the United States.

Introduced

In Committee

Passed One Chamber

Passed Both

Signed into Law

119th

Congress

2025-01-03

Introduced

Cosponsors

HJRES

ⓘ

Type

Sponsor

Zachary Nunn

Republican · IA · Representative

Votes with party: 96.0% (523 recorded votes)

Full profile: /officials/N000193

Source: Congress.gov · FEC

Cosponsors (15)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on the Judiciary.

2025-01-03

Source: Congress.gov

Plain-English Summary

This proposal would add a new amendment to the Constitution requiring the federal government to balance its budget each year, meaning it cannot spend more money than it collects in taxes and revenue. The amendment would force Congress to make difficult choices about spending and taxes to avoid running a deficit, though it could include exceptions for emergencies like wars or recessions. If approved by Congress and ratified by the states, this would fundamentally change how the government manages its finances and could limit funding for programs like Social Security, Medicare, and defense.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Economics and Public Finance

Full Bill Text

Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.J. Res. 10 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. J. RES. 10 Proposing a balanced budget amendment to the Constitution of the United States. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES January 3, 2025 Mr. Nunn of Iowa (for himself, Mr. Allen, Mr. Latta, Mr. Zinke, Mr. Hill of Arkansas, Mr. Estes, Mrs. Houchin, Mr. Grothman, Mr. Mann, Mr. Calvert, and Mr. Bacon) submitted the following joint resolution; which was referred to the Committee on the Judiciary _______________________________________________________________________ JOINT RESOLUTION Proposing a balanced budget amendment to the Constitution of the United States. Resolved by the Senate and House of Representatives of the United States of America in Congress assembled (two-thirds of each House concurring therein), That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States within seven years after the date of its submission for ratification: ``Article-- ``Section 1. Total outlays for any fiscal year shall not exceed total receipts for that fiscal year, unless three-fifths of the whole number of each House of Congress shall provide by law for a specific excess of outlays over receipts by a rollcall vote. ``Section 2. The limit on the debt of the United States held by the public shall not be increased, unless three-fifths of the whole number of each House shall provide by law for such an increase by a rollcall vote. ``Section 3. Prior to each fiscal year, the President shall transmit to the Congress a proposed budget for the United States Government for that fiscal year in which total outlays do not exceed total receipts. ``Section 4. No bill to increase revenue shall become law unless approved by a majority of the whole number of each House by a rollcall vote. ``Section 5. The Congress may waive the provisions of this article for any fiscal year in which a declaration of war is in effect. The provisions of this article may be waived for any fiscal year in which the United States is engaged in military conflict which causes an imminent and serious military threat to national security and is so declared by a joint resolution, adopted by a majority of the whole number of each House, which becomes law. Any such waiver must identify and be limited to the specific excess or increase for that fiscal year made necessary by the identified military conflict. ``Section 6. The Congress shall enforce and implement this article by appropriate legislation, which may rely on estimates of outlays and receipts. ``Section 7. Total receipts shall include all receipts of the United States Government except those derived from borrowing. Total outlays shall include all outlays of the United States Government except for those for repayment of debt principal. ``Section 8. This article shall take effect beginning with the fifth fiscal year beginning after its ratification.''. <all>

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