Balanced Budget Accountability Act
S 45, the Balanced Budget Accountability Act, requires Congress to pass annual budgets that balance by 2035 or face consequences for members' pay. If Congress fails to adopt a balanced budget for fiscal years 2026 or 2027 by April 16 of the prior year, members' salaries are placed in escrow until a balanced budget is certified or the current Congress ends. For fiscal years 2028 and beyond, failure to balance the budget would reduce members' pay to $1 annually. The bill also mandates a 3/5 vote (supermajority) in each chamber to pass any bill increasing revenue. This directly affects all House and Senate members by linking their compensation to budget balance outcomes.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
President
Introduced Jan 9, 2025
Last action Jan 9, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 9, 2025
Committee
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
upper
Jan 9, 2025
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor
Sponsors
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