SJRES 3
A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget.
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Bill overview
This joint resolution proposes an amendment to the U.S. Constitution designed to ensure the federal government balances its budget. It would require Congress to approve any spending exceeding available revenue by a two-thirds vote, limit overall spending to 18% of the nation’s gross domestic product, and establish specific requirements for presidential budgets. The amendment also sets thresholds for tax increases and debt limits, with potential waivers during times of war.
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Primary sponsor
Cosponsors
Ben Sasse
Cory Gardner
David Perdue
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