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.