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Search Results: keywords:"balanced budget amendment"

  • The bill S. 4268 proposes an amendment to the U.S. Constitution to require that the federal government not spend more money than it receives each year. Exceptions to this rule would be allowed if three-fifths of Congress approves or during times of war or severe economic...

    Simple Explanation

    The bill is like a rule saying the U.S. government's allowance each year must not be more than it earns, except if lots of Congress people agree or during emergencies like a war. It also says important money for people, like for Social Security, should be safe from cuts.

  • H. J. RES. 10 proposes an amendment to the United States Constitution that would require the federal government to not spend more money than it receives in a fiscal year, unless three-fifths of both the House and the Senate agree to allow more spending. It also says that the...

    Simple Explanation

    H. J. RES. 10 is like a rule saying that the government can't spend more money than it earns, like how you can't buy more toys if you don't have enough allowance. They can only do this if most of the grown-ups in charge agree, and they have special rules for emergencies like a big battle.

  • H. J. RES. 11 proposes an amendment to the U.S. Constitution that requires the government to maintain a balanced budget, meaning annual spending should not exceed revenues unless approved by a three-fifths majority in Congress. It sets a limit on how much of the GDP can be spent each year,...

    Simple Explanation

    In a plan called H. J. RES. 11, there's a big rule that says the government shouldn't spend more money than it has unless a lot of people in charge agree, and every part of the government has to explain why they need money. This rule can change in special times, like wars or big storms.

  • H. R. 9353 proposes an amendment to the U.S. Constitution that would require the federal government to maintain a balanced budget, meaning its spending (outlays) does not exceed its income (receipts) each fiscal year. Exceptions to this rule could be made if there’s a...

    Simple Explanation

    The bill wants to make sure that the money the U.S. government spends each year does not go over what it earns, like making sure your piggy bank only spends what you have inside. But, if there is a big emergency, like a war or natural disaster, Congress can vote to spend more for those special situations.

  • H. J. RES. 17 proposes an amendment to the U.S. Constitution to require that the country's total expenses do not exceed its income each fiscal year, unless two-thirds of Congress approve more spending. It mandates the President to submit a budget that aligns with this...

    Simple Explanation

    The bill is like a rule that says the United States must not spend more money than it earns each year, unless a big group of leaders agree to spend extra. It also wants the President to plan the budget to make sure spending and earning are balanced, but it allows some wiggle room just in case of surprises or emergencies.

  • H. J. RES. 113 is a proposed amendment to the United States Constitution that aims to ensure fiscal responsibility by requiring that the government only spends what it has earned. It states that the total yearly expenditures should not exceed the average revenues received in the previous...

    Simple Explanation

    This bill wants to make sure the government spends only as much money as it earns from taxes, except when there’s an emergency and most of the people in charge agree to spend more. It’s like telling someone they can only spend their allowance unless something really important happens.

  • H. J. RES. 6 proposes an amendment to the United States Constitution that would require the government to maintain a balanced budget. This means that total spending should not exceed the total income in each fiscal year, unless two-thirds of both the House and Senate approve an exception. The...

    Simple Explanation

    H. J. RES. 6 is a plan to change the rules for how the United States government manages its money, saying it should not spend more than it makes each year. But if there's a big emergency like a war or disaster, Congress can decide to use more money if enough of them agree.

  • H. J. RES. 2 proposes an amendment to the United States Constitution requiring that government spending does not exceed its income each fiscal year, effectively mandating a balanced budget. The amendment also states that any increase in the public debt of the United States is...

    Simple Explanation

    The bill is like a rule for the country's money, saying the government can't spend more than it earns each year, like how someone shouldn't spend more than they have in their piggy bank. It also says the government needs a lot of people to agree if it wants to make new ways to collect money, like taxes.