A balanced budget amendment or debt brake is a constitutional rule requiring that a state cannot spend more than its income. It requires a balance between the projected receipts and expenditures of the …

Jan 13, 2025 · 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 …

Dec 3, 2025 · Addressing the nation’s long-term fiscal problems with any constitutional amendment to require annual balanced budgets would be highly ill-advised. It would threaten significant economic …

Oct 17, 2025 · Harold Knutson, a Minnesota Republican, introduced the first balanced budget amendment resolution in 1936. His proposal would have set a cap on the nation’s debt and forced …

Nov 27, 2018 · In its simplest form, a balanced budget amendment would add a budget rule to the Constitution that would require federal spending not to exceed federal receipts. The amendment …

Dec 29, 2025 · H.J.Res. 17: Proposing a balanced budget amendment to the Constitution of the United States. Add a note about this resolution. Your note is for you and will not be shared with anyone. …

Sep 15, 2025 · Bond buyers demanded structural changes to state policies including debt limits and balanced budget rules. These carried over into newly formed states and expanded again after state …

Jul 23, 2025 · Congressman Nathaniel Moran (TX-01) today reintroduced the Principles-Based Balanced Budget Amendment, a constitutional amendment designed to end Washington’s cycle of …

Sep 3, 2025 · This week on Facing the Future, Kurt Couchman, senior fellow in fiscal policy at Americans for Prosperity, explained why he thinks a balanced budget amendment to the Constitution …

Since 1999, a balanced budget proposal has been re-introduced more than a hundred times, making it the most commonly proposed amendment of the twenty-first century. Its bipartisan support has …