SJRES 13 United States Senate · 118th Congress

A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget.

This proposed constitutional amendment (SJRES 13) would require the federal government to balance its annual budget, meaning spending could not exceed revenue unless Congress passes a specific exception with a two-thirds vote. It also sets a limit of 18% of GDP for total government spending, with similar supermajority requirements to exceed this cap. The bill would mandate the President to submit a balanced budget proposal to Congress each year and require a two-thirds vote for tax increases or debt limit hikes. As a proposed amendment, it would only take effect if ratified by three-fourths of state legislatures.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
President
Introduced Feb 9, 2023 Last action Feb 9, 2023