A joint resolution proposing a balanced budget amendment to the Constitution of the United States.

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S.J. Res. 97 Introduced in Senate (IS)]

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119th CONGRESS
  1st Session
S. J. RES. 97

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


_______________________________________________________________________


                   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.''.
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