IA 119THCONGRESS 1 STSESSION H. J. RES. 17 Proposing a balanced budget amendment to the Constitution of the United States. IN THE HOUSE OF REPRESENTATIVES JANUARY13, 2025 Mr. O BERNOLTE(for himself and Mr. WEBERof Texas) submitted the fol- lowing joint resolution; which was referred to the Committee on the Judi- ciary JOINT RESOLUTION Proposing a balanced budget amendment to the Constitution of the United States. Resolved by the Senate and House of Representatives 1 of the United States of America in Congress assembled (two- 2 thirds of each House concurring therein), That the fol-3 lowing article is proposed as an amendment to the Con-4 stitution of the United States, which shall be valid to all 5 intents and purposes as part of the Constitution when 6 ratified by the legislatures of three-fourths of the several 7 States within seven years after the date of its submission 8 for ratification: 9 VerDate Sep 11 2014 02:13 Jan 14, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\HJ17.IH HJ17 kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 •HJ 17 IH ‘‘ARTICLE— 1 ‘‘S ECTION1. Total outlays for any fiscal year shall 2 not exceed total receipts for that fiscal year, unless two- 3 thirds of the whole number of each House of Congress 4 shall provide by law for a specific excess of outlays over 5 receipts by a rollcall vote. 6 ‘‘S ECTION2. Prior to each fiscal year, the President 7 shall transmit to the Congress a proposed budget for the 8 United States Government for that fiscal year in which 9 total outlays do not exceed total receipts. 10 ‘‘S ECTION3. The Congress shall enforce and imple-11 ment this article by appropriate legislation, which may rely 12 on estimates of outlays and receipts. 13 ‘‘S ECTION4. Total receipts shall include all receipts 14 of the United States Government except those derived 15 from borrowing. Total outlays shall include all outlays of 16 the United States Government except for those for repay-17 ment of debt principal. 18 ‘‘S ECTION5. This article shall take effect beginning 19 with the fifth fiscal year beginning after its ratification.’’. 20 Æ VerDate Sep 11 2014 02:13 Jan 14, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\HJ17.IH HJ17 kjohnson on DSK7ZCZBW3PROD with $$_JOB