RepublicanBill · H.J.Res. 17· House(119-HJRES-17)

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

Rep. Obernolte
Age: 56 years
California
Introduced
1/13/2025
Last activity
1/13/2025 — Referred to the House Committee on the Judiciary.
Sponsored by
Jay Obernolte
Cosponsors
Republican - 2Democrat - 0
Economics and Public Finance
  1. Introduced
  2. In Committee

What this bill would do

This joint resolution proposes a balanced budget amendment to the United States Constitution. It requires that total outlays for any fiscal year do not exceed total receipts. An exception is allowed if two-thirds of the whole number of each House of Congress approves a specific excess via a rollcall vote. The President must submit a proposed budget where outlays do not exceed receipts prior to each fiscal year. The amendment would take effect starting with the fifth fiscal year after its ratification.

Yes

  • Does this make the government pay for what it commits to?+7

    The resolution requires a balanced budget and proactive presidential budget submission to ensure government spending aligns with its receipts.

  • Does this reduce what the federal government spends?+6

    By requiring that outlays do not exceed receipts, the bill imposes a constitutional limit on federal government spending.

  • Does this reduce what the federal government owes?+5

    The amendment mandates that total outlays cannot exceed total receipts without a supermajority vote, which restricts the ability to run deficits that increase national debt.

The opposite· 3 of 4

  • Does this give the federal government more power?-3

    The amendment constrains the federal government's authority to spend money beyond its collected receipts.

  • Would households on low incomes be better off under this?-2

    The strict spending limits could potentially reduce funding for social safety net programs that rely on deficit spending.

  • Would people in cities be better off under this?-2

    Reductions in federal spending could impact urban-centric public services and infrastructure funding.