119-HJRES110

Proposing a balanced budget amendment to the Constitution of the United States.

Last action was on 7-23-2025

Resolution is currently in: House
Passed in
House Senate

Current status is Referred to the House Committee on the Judiciary.

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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


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:

Expenditures and receipts shall be balanced, which may 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.

For emergency situations, two-thirds of the House of Representatives and the Senate may for limited times authorize expenditures exceeding those pursuant to rules established under section 1. Debts incurred from such expenditures shall be paid as soon as practicable.