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H.J.Res.2 - Proposing a balanced budget amendment to the Constitution of the United States.112th Congress (2011-2012)

Bill

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Sponsor: Rep. Goodlatte, Bob [R-VA-6] (Introduced 01/05/2011)
Committees: House - Judiciary
Latest Action: Senate - 11/30/2011 Committee on the Judiciary Subcommittee on the Constitution, Civil Rights and Human Rights. Hearings held. With printed Hearing: S.Hrg. 112-512.  (All Actions)
Roll Call Votes: There has been 1 roll call vote

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This bill has the status Failed House

Here are the steps for Status of Legislation:

  1. Introduced
  2. Failed House

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  • Constitutional Authority Statement
  • CBO Cost Estimates [0]

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Summary: H.J.Res.2 — 112th Congress (2011-2012)All Information (Except Text)

There is one summary for H.J.Res.2. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (01/05/2011)

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.