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H.J.RES.4: Proposing a balanced budget amendment to the Constitution of the United States.

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about economics and public finance
You can read the bill
Sponsor John Barrow, D-Ga.
Total Cosponsors 10 (All Democrats)
Introduced Jan. 3, 2013
Latest Major Action Jan. 25, 2013
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Bill Progress

  • Bill introduced in the House   
  • Bill passed in the House   
  • Bill passed in the Senate   
  • Bill signed into law

Bill Summary

Constitutional Amendment - Prohibits total 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.

Directs the President to submit a balanced budget to Congress annually.

Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.

Requires the appropriate congressional committees to report to their respective chambers implementing legislation to achieve a balanced budget without reducing the disbursements of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund to achieve that goal.

(Source: Congressional Research Service)

Bill Actions

Date Description
Jan. 25, 2013 Referred to the Subcommittee on the Constitution And Civil Justice.
Jan. 3, 2013 Referred to the House Committee on the Judiciary.