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Proposing an amendment to the Constitution of the United States prohibiting the United States Government from increasing its debt except for a specific purpose by law adopted by three-fourths of the membership of each House of Congress.
Proposing an amendment to the Constitution of the United States prohibiting the United States Government from increasing its debt except for a specific purpose by law adopted by three-fourths of the membership of each House of Congress.
Summary
This joint resolution proposes a constitutional amendment requiring that the federal government may only increase its debt for a specific purpose authorized by law adopted by three-fourths of the membership of each House of Congress. This would require a supermajority vote in both the Senate and House rather than the current simple majority needed to raise the debt limit. The amendment would take effect beginning ten years after its ratification by the states.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
3 cosponsors
Money behind the sponsor
Top reported contributors to Tom Mcclintock’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- SOVEREIGN NATION $21,650
- NOT PROVIDED $14,100
- TECHNICAL MAINTENANCE SUPPORT, INC. $10,700
- NULL $10,350
- CEN-CAL FIRE SYSTEMS, INC. $6,600
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Tom Mcclintock → · Outside spending →
Actions (2)
- Jan 3, 2025 Referred to the House Committee on the Judiciary. · house
- Jan 3, 2025 Introduced in House
More bills on these subjects (8)
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Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE HOUSE OF REPRESENTATIVES
January 3, 2025
Mr. McClintock (for himself and Mr. Weber of Texas) submitted the following joint resolution; which was referred to the Committee on the Judiciary
JOINT RESOLUTION
Proposing an amendment to the Constitution of the United States prohibiting the United States Government from increasing its debt except for a specific purpose by law adopted by three-fourths of the membership of each House of Congress.
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. The United States Government may not increase its debt except for a specific purpose by law adopted by three-fourths of the membership of each House of Congress. “Section 2. This article shall take effect beginning ten years after its ratification.”. <all>
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