HJRES 3 · in committee · major
Proposing an amendment to the Constitution of the United States relative to balancing the budget.
- government reform
What this bill does
- This amendment would require the federal government to balance its budget each year unless Congress votes by two-thirds majority to spend more than it receives.
- It affects all federal spending and revenue decisions, capping total spending at 18% of GDP and requiring supermajority votes to raise taxes or increase debt limits.
- The amendment would take effect upon ratification and include emergency waivers during wars or military conflicts threatening national security.
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Community Threads
Started by Cosponsor
- 01
How would capping federal spending at 18% of GDP affect funding for programs like Social Security, Medicare, and national defense that currently consume most of the budget?
- 02
What evidence exists that requiring annual budget balance would strengthen or weaken the economy during recessions when tax revenue typically declines?
- 03
Which federal priorities would need to be reduced or eliminated if the 18% GDP spending cap cannot accommodate current commitments?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · R-FL-16
Vern Buchanan
Citizen cosponsors
0
In Congress
1/ 435
House Reps cosponsoring
Introduced 2025-01-03
Joining the bill
Legislative timeline
2025-01-03 · house · IntroReferral
Referred to the House Committee on the Judiciary.
2025-01-03 · IntroReferral
Introduced in House
2025-01-03 · IntroReferral
Introduced in House
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