H.J.Res. 110

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.J. Res. 110 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. J. RES. 110

Proposing a balanced budget amendment to the Constitution of the United 
States.

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IN THE HOUSE OF REPRESENTATIVES

July 23, 2025

Mr. Moran submitted the following joint resolution; which was referred 
to the Committee on the Judiciary

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JOINT RESOLUTION

Proposing a balanced budget amendment to the Constitution of the United 
States.

Resolved by the Senate and House of Representatives of the United 
States of America in Congress assembled (two-thirds of each House 
concurring therein), That the following article is proposed as an 
amendment to the Constitution of the United States, which shall be 
valid to all intents and purposes as part of the Constitution when 
ratified by the legislatures of three-fourths of the several States 
within seven years after the date of its submission for ratification:

``Article --

``Section 1. Expenditures and receipts shall be balanced, which may 
occur over more than one year. Expenditures shall include all 
expenditures of the United States except those for payment of debt, and 
receipts shall include all receipts of the United States except those 
derived from borrowing. Congress shall achieve balance within ten years 
following the ratification of this article.
``Section 2. For emergency situations, two-thirds of the House of 
Representatives and the Senate may for limited times authorize 
expenditures exceeding those pursuant to rules established under 
section 1. Debts incurred from such expenditures shall be paid as soon 
as practicable.''.
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