Tagged: budget deficits and national debt

This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a three-fifths roll call vote of each chamber. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing. The amendment requires a three-fifths roll call vote of each chamber to increase the public debt limit. It prohibits a bill to increase revenue from becoming law unless it has been approved by a majority roll call vote of each chamber. The amendment also requires the President to submit an annual budget in which total outlays do not exceed total receipts. Congress may waive these requirements due to a declaration of war or a military conflict that causes an imminent and serious military threat to national security.

This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless (1) Congress authorizes the excess by a three-fifths vote of each chamber, and (2) total outlays do not exceed a specified percentage of the estimated gross domestic product of the United States. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing. The amendment requires a three-fifths vote of each chamber of Congress to increase revenue or increase the limit on the debt of the United States. The amendment also requires the President to submit an annual budget in which total outlays do not exceed total receipts. The President's budget must also include justifications and specified details regarding funding proposed for departments and agencies. Congress may waive the requirements due to a declaration of war, a military conflict, an event that causes an imminent and serious military threat to national security, or a natural disaster.

This joint resolution proposes a constitutional amendment that prohibits total outlays for any fiscal year from exceeding total receipts for that fiscal year.The amendment also prohibits (1) increases to the federal debt limit, and (2) a bill that increases revenue from becoming law unless the bill has been approved by two-thirds of each chamber of Congress with a roll call vote.

This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a two-thirds vote of each chamber. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing. The amendment prohibits total outlays for any fiscal year from exceeding 18% of the gross domestic product of the United States unless two-thirds of each chamber of Congress provides for a specific increase above this amount. The amendment requires a two-thirds vote of each chamber of Congress to impose a new tax, increase the statutory rate of any tax, or increase the aggregate amount of revenue. It requires a three-fifths vote of each chamber to increase the limit on the debt of the United States. The President must submit an annual budget in which total outlays do not exceed total receipts or 18% of the gross domestic product of the United States. The amendment prohibits a court from ordering a revenue increase to enforce the requirements. Congress may waive specified requirements when a declaration of war is in effect or the United States is engaged in a military conflict that causes an imminent and serious military threat to national security.

This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a two-thirds roll call vote of each chamber. The amendment also requires the President to submit an annual budget in which total outlays for the fiscal year do not exceed total receipts. Congress may waive the requirements for any fiscal year in which (1) a declaration of war is in effect by a roll call vote, or (2) a declaration of a natural disaster or a national emergency is in effect that was declared by a joint resolution that became law after being adopted by a majority of each chamber of Congress.

This joint resolution proposes a constitutional amendment that prohibits the U.S. government from increasing its debt except for a specific purpose by a law adopted by three-fourths of the membership of each chamber of Congress.

Budget Process Enhancement Act This bill modifies the federal budget process to withhold the salaries of Members of Congress and cancel the salaries of certain employees of the Office of Management and Budget when certain budget process requirements are not met. The bill also changes the assumptions that the Congressional Budget Office uses to calculate its baseline for discretionary spending to eliminate certain adjustments for inflation and other factors. (A baseline is a projection of federal spending and receipts during a fiscal year under current law.)

Regulations from the Executive in Need of Scrutiny Act of 2025This bill revises provisions relating to congressional review of agency rulemaking.Specifically, the bill establishes a congressional approval process for a major rule. A major rule may only take effect if Congress approves of the rule. A major rule is a rule that has resulted in or is likely to result in (1) an annual effect on the economy of $100 million or more; (2) a major increase in costs or prices for consumers, individual industries, government agencies, or geographic regions; or (3) significant adverse effects on competition, employment, investment, productivity, innovation, or the ability of U.S.-based enterprises to compete with foreign-based enterprises.The bill generally preserves the current congressional review process for a nonmajor rule.

No Budget, No Pay Act This bill withholds the salaries of Members of a chamber of Congress that has not agreed to a budget resolution for the next fiscal year by April 15, as required by the Congressional Budget Act of 1974.Salaries are withheld from April 16 until the earlier of (1) the day on which the chamber of Congress agrees to a budget resolution for the next fiscal year, or (2) the last day of the Congress.

This resolution establishes rules for the House of Representatives for the 119th Congress.The resolution adopts the rules from the 118th Congress with specified changes, includingproviding that a resolution vacating the Office of Speaker is only privileged (takes precedence over all matters other than motions to adjourn) if it is offered by a sponsor of the majority party joined by eight cosponsors from the majority party; providing that the Speaker may only entertain a motion to suspend the rules on Mondays, Tuesdays, and Wednesdays; prohibiting waiver (by rule or by order) of the germaneness rule (which requires amendments to be of the same subject matter as the measure under consideration); and prohibiting consideration of measures that exceed a specified long-term budget impact according to the Congressional Budget Office.Additional changes includeauthorizing the use of electronic voting within a committee;authorizing remote appearances by non-executive branch witnesses and their counsel in committee proceedings; eliminating the House Office of Diversity and Inclusion; eliminating certain collective bargaining rights for employees of the House of Representatives; reauthorizing the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party; reauthorizing the Tom Lantos Human Rights Commission; and reauthorizing the House Democracy Assistance Commission (an entity that advises democratic parliaments in other countries) and renaming it the House Democracy Partnership. The resolution provides for the consideration of H.R. 21, H.R. 22, H.R. 23, H.R. 26, H.R. 27, H.R. 28, H.R. 29, H.R. 30, H.R. 31, H.R. 32, H.R. 33, and H.R. 35.