H.J.Res. 89 (112th): Proposing a balanced budget amendment to the Constitution of the United States.

Introduced:
Nov 17, 2011 (112th Congress, 2011–2013)
Sponsor:
Rep. Kathy Castor [D-FL11]
Status:
Died (Referred to Committee)
See Instead:

H.J.Res. 2 (same title)
Failed Under Suspension — Nov 18, 2011

The resolution’s title was written by the resolution’s sponsor. H.J.Res. stands for House joint resolution.

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Status

This resolution was introduced on November 17, 2011, in a previous session of Congress, but was not enacted.

Progress
Introduced Nov 17, 2011
Referred to Committee Nov 17, 2011
Cosponsors
none
Committees

House Judiciary

The committee chair determines whether a resolution will move past the committee stage.

Summary

No summaries available.

Text

Read Resolution Text »

Last updated Nov 17, 2011.
3 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

11/17/2011--Introduced.
Constitutional Amendment - Prohibits estimated outlays of the operating funds of the United States for any fiscal year from exceeding total estimated receipts to those funds for that fiscal year unless Congress, by a three-fifths roll-call vote of each chamber, approves a specific excess of outlays over receipts.
Directs the President to submit a balanced budget to Congress annually.
Prohibits any bill to increase revenue from becoming law unless approved by a majority of each chamber by roll-call vote.
Authorizes waivers of these provisions for any fiscal year and the first fiscal year thereafter if:
(1) a declaration of war is in effect, or
(2) the Congressional Budget Office (CBO) estimates that real economic growth has been or will be less than 1% for two consecutive quarters during the period of those two fiscal years.
Authorizes waivers for any fiscal year under other specified circumstances involving military conflict or if a presidential declaration of major disaster is in effect.
Excludes:
(1) from estimated receipts, specified funds derived from net borrowing;
(2) from estimated outlays, funds for repayment of debt principal and for capital investments; and
(3) from receipts or outlays, receipts (including attributable interest) and outlays of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund.

House Republican Conference Summary

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House Democratic Caucus Summary

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