S.J.RES.3: A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget.

About This Bill

Bill Summary

Constitutional Amendment This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a two-thirds vote of each chamber. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing. The amendment prohibits total outlays for any fiscal year from exceeding 18% of the gross...

(Source: Congressional Research Service)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with S.J.RES.3.

Bill Actions

Date Description
Jan. 4
Read twice and referred to the Committee on the Judiciary.
Jan. 4

Introduced in the Senate by Cindy Hyde-Smith (R-Miss.)

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