Bill > HJRes6

This joint resolution proposes a constitutional amendment to require the federal government to maintain a balanced budget, meaning total government spending (outlays) cannot exceed total government revenue (receipts) in any fiscal year. The amendment would require the President to submit a budget that meets this requirement and allows Congress to exceed the balanced budget requirement only through a two-thirds vote in both chambers. Additionally, Congress can waive the balanced budget requirement during specific circumstances, including a declared war, a national emergency, or a natural disaster, through specific voting procedures. These waivers would require either a two-thirds rollcall vote (for war) or a majority vote in both Houses that becomes law (for emergencies and natural disasters). The amendment would not take effect immediately, but would begin in the fifth fiscal year after its ratification by three-fourths of state legislatures. Congress would be responsible for implementing the amendment through appropriate legislation and could rely on estimated revenue and spending figures when doing so.

Justice

https://www.congress.gov/bill/119th-congress/house-joint-resolution/6/all-info