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.