SJRES 18
A joint resolution proposing a balanced budget amendment to the Constitution of the United States.
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Bill overview
This joint resolution proposes a constitutional amendment that would require the U.S. federal government to balance its budget each year, meaning total spending cannot exceed total revenue unless approved by a three-fifths vote in both the House and Senate. The amendment includes several exceptions, such as during times of war, economic recession, or high unemployment. It also specifies that certain trust funds, like Social Security and Medicare, are exempt from the balance budget requirement unless funds are insufficient to cover obligations.
Sponsors
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Primary sponsor
Jon Tester
Cosponsors
Joe, III Manchin
Kyrsten Sinema
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