H.J.RES.7: Proposing a balanced budget amendment to the Constitution of the United States.

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Bill Cosponsor

Bill Summary

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...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on the Judiciary.
Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
Jan. 4, 2007

Introduced in the House by Marilyn N. Musgrave (R-Colo.)

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