Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths rollcall vote of each chamber, authorizes a specific excess of outlays over receipts.
Requires a three-fifths rollcall vote of each chamber to increase the public debt limit.
Directs the President to submit a balanced budget to Congress annually.
Prohibits any bill to increase revenue from becoming law unless approved by a majority of each chamber by rollcall vote.
Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.
Introduced in House
Introduced in House
Referred to the House Committee on the Judiciary.
Referred to the Subcommittee on the Constitution.
Rules Committee Resolution H. Res. 466 Reported to House. The resolution authorizes the Speaker to entertain motions to suspend the rules through the legislative day of Friday, November 18, 2011, relating to H.J.Res. 2, proposing a balanced budget amendment to the Constitution of the United States. The resolution provides that debate on such a motion shall be extended to five hours. Finally, the resolution provides that the Chair may postpone further consideration of such a motion pursuant to the resolution to a time designated by the Speaker.
Rule H. Res. 466 passed House.
Mr. Smith (TX) moved to suspend the rules and pass the resolution, as amended.
Considered under suspension of the rules. (consideration: CR H7782-7805; text of measure as introduced: CR H7782)
DEBATE - Pursuant to the provisions of H.Res. 466, the House proceeded with 5 hours of debate on H.J. Res. 2.
DEBATE - The House continued with debate on H.J. Res. 2.
POSTPONED PROCEEDINGS - Pursuant to section 2 of H. Res. 466, further consideration of this motion is postponed.
Considered as unfinished business. (consideration: CR H7841-7874)
DEBATE - The House resumed debate on H.J. Res. 2. When proceedings were postponed on Thursday, November 17, 2011, 2 hours and 42 minutes of debate remained.
Failed of passage/not agreed to in House: On motion to suspend the rules and pass the resolution, as amended Failed by the Yeas and Nays: (2/3 required): 261 - 165 (Roll no. 858).
Roll Call #858 (House)On motion to suspend the rules and pass the resolution, as amended Failed by the Yeas and Nays: (2/3 required): 261 - 165 (Roll no. 858).
Roll Call #858 (House)Committee on the Judiciary Subcommittee on the Constitution, Civil Rights and Human Rights. Hearings held. With printed Hearing: S.Hrg. 112-512.
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