H.J.Res.43 - Proposing a balanced budget amendment to the Constitution of the United States.

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  • Official: Proposing a balanced budget amendment to the Constitution of the United States. as introduced.

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Introduced
 
House
Passes
 

 
04/21/09
 
 
 

Official Summary

4/22/2009--Introduced.Constitutional Amendment - Prohibits 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 rollcall vote of each chamber, aut

Official Summary

4/22/2009--Introduced.Constitutional Amendment - Prohibits 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 rollcall vote of each chamber, authorizes a specific excess of outlays over receipts. Requires a three-fifths rollcall vote of each chamber to increase the public debt limit. Directs the President to submit a balanced budget to Congress annually. Prohibits any bill to increase revenue from becoming law unless approved by a majority of each chamber by rollcall vote. Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict. Requires Congress, by appropriate legislation, to provide that outlays for natural disasters do not count as outlays under this Amendment.

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Recent Blog Coverage

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11/22/10
Economic Legislation: The Debt Limit: History and Recent Increases

The House indirectly approved legislation (H.J.Res. 43) to raise the debt limit by $850 billion to $9815 billion. The Senate approved the resolution on September 27, 2007, and it was signed by the President two days later. ...

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11/22/10
Penny Hill Press » Blog Archive » The Debt Limit: History and ...

The House indirectly approved legislation (H.J.Res. 43) to raise the debt limit by $850 billion to $9815 billion. The Senate approved the resolution on September 27, 2007, and it was signed by the President two days later. ...

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10/31/10
The Bottom Line on Gillibrand: She is Bankrupting the American ...

(S. Con. Res. 21, Roll Call Vote #377: Passed; 214-209, 5/17/07, Gillibrand Voted Yea;http://clerk.house.gov/evs/2007/roll377.xml, Pursuant To The Provisions Of S. Con. Res. 21, H.J. Res. 43 Is Considered Passed House; H.J. Res. ...

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