occur over more than one year. Expenditures shall include all
expenditures of the United States except those for payment of debt, and
receipts shall include all receipts of the United States except those
derived from borrowing. Congress shall achieve balance within ten years
following the ratification of this article.
``
Introduced:
Jul 23, 2025
Policy Area:
Economics and Public Finance
Congress.gov:
Bill Statistics
3
Actions
0
Cosponsors
1
Summaries
1
Subjects
1
Text Versions
Yes
Full Text
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Latest Action
Jul 23, 2025
Referred to the House Committee on the Judiciary.
Summaries (1)
Introduced in House
- Jul 23, 2025
00
<p>This joint resolution proposes a constitutional amendment that requires federal expenditures and receipts to be balanced, which may occur over more than one year. </p> <p>Under the amendment, expenditures include all federal expenditures except those for payment of debt. Receipts do not include receipts derived from borrowing. </p> <p>The amendment requires Congress to achieve balance within 10 years of the ratification of the amendment.</p> <p>In an emergency situation, two-thirds of the House of Representatives and the Senate may authorize additional expenditures that are not otherwise permitted by the amendment. The additional expenditures must be for a limited time, and debts incurred from the expenditures must be paid as soon as practicable.</p>
Actions (3)
Referred to the House Committee on the Judiciary.
Type: IntroReferral
| Source: House floor actions
| Code: H11100
Jul 23, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: Intro-H
Jul 23, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: 1000
Jul 23, 2025
Subjects (1)
Economics and Public Finance
(Policy Area)
Full Bill Text
Length: 1,857 characters
Version: Introduced in House
Version Date: Jul 23, 2025
Last Updated: Nov 15, 2025 6:13 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.J. Res. 110 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. J. RES. 110
Proposing a balanced budget amendment to the Constitution of the United
States.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
July 23, 2025
Mr. Moran 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 --
``
[From the U.S. Government Publishing Office]
[H.J. Res. 110 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. J. RES. 110
Proposing a balanced budget amendment to the Constitution of the United
States.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
July 23, 2025
Mr. Moran 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.
Section 2.
Representatives and the Senate may for limited times authorize
expenditures exceeding those pursuant to rules established under
expenditures exceeding those pursuant to rules established under
section 1.
as practicable.''.
<all>
<all>