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A joint resolution proposing a balanced budget amendment to the Constitution of the United States.
Proposing a balanced budget amendment to the Constitution of the United States.
Summary
This joint resolution proposes a constitutional amendment requiring the federal government to balance expenditures and receipts, excluding debt payments and borrowing respectively, with Congress having 10 years after ratification to achieve this balance. The proposed amendment would allow expenditures to exceed receipts for limited times during emergencies if two-thirds of both the House and Senate approve, with debts incurred to be paid as soon as practicable. The amendment would become part of the Constitution if ratified by three-fourths of state legislatures within seven years of its submission.
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)
- Sen. Husted, Jon [R-OH] (R-OH)
2 cosponsors
- Sen. Lummis, Cynthia M. [R-WY] (R-WY)
- Sen. Scott, Rick [R-FL] (R-FL)
Actions (2)
- Nov 20, 2025 Read twice and referred to the Committee on the Judiciary. · senate
- Nov 20, 2025 Introduced in Senate
Similar bills (6)
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Full text
IN THE SENATE OF THE UNITED STATES
November 20, 2025
Mr. Husted (for himself and Ms. Lummis) introduced the following joint resolution; which was read twice and 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. Expenditures and receipts shall be balanced, which may occur over more than 1 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 10 years following the date of the ratification of this article. “Section 2. For emergency situations, Congress may, for limited times, authorize expenditures exceeding those allowable under section 1, if two-thirds of the House of Representatives and the Senate agree to pass the bill. Debts incurred from such expenditures shall be paid as soon as practicable.”. <all>
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