S.J.RES.20: A joint resolution proposing a balanced budget amendment to the Constitution of the United States.

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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 roll call vote of each chamber, authorizes a specific excess of outlays over receipts. Excludes receipts (including attributable interest) and outlays of the Federal Old-Age and Survivors Insurance Trust...

(Source: Library of Congress)

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Date Description
July 11, 2013
Read the second time and referred to the Committee on the Judiciary.
July 11, 2013

Introduced in the Senate by Mark Udall (D-Colo.)

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