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- S.J.RES.10
S.J.RES.10: Joint resolution proposing a balanced budget amendment to the Constitution of the United States.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about economics and public finance
- Introduced March 31, 2011
- Latest Major Action Dec. 14, 2011
- See the six similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
48 (All Republicans)
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 two-thirds roll call vote of each chamber, authorizes a specific excess of outlays over receipts. Prohibits total outlays for any fiscal year from exceeding 18% of the gross domestic product (GDP) for the preceding calendar...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
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Read twice and referred to the Committee on the Judiciary.
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Senate Committee on the Judiciary discharged by Unanimous Consent as pursuant to the Budget Control Act of 2011.
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Measure laid before Senate by unanimous consent.
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Considered by Senate.
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Failed of passage in Senate by Yea-Nay Vote. 47 - 53. Record Vote Number: 229.
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| March 31, 2011 |
Introduced in the Senate by Orrin G. Hatch (R-Utah) |