Bill > HJRes9

This joint resolution proposes a constitutional amendment that would significantly restrict the United States Government's ability to increase its national debt. Specifically, the proposed amendment would require that any increase in government debt can only occur for a specific, clearly defined purpose and must be approved by a supermajority of three-fourths of the members in both the House of Representatives and the Senate. This is a much higher threshold than the typical majority vote currently required for debt-related legislation. The proposed amendment would not take effect immediately, but rather ten years after it is ratified by three-fourths of state legislatures. Such a stringent requirement would make it substantially more difficult for the federal government to borrow money, potentially limiting its fiscal flexibility during economic challenges or national emergencies. The resolution aims to impose greater fiscal discipline and transparency in government spending by creating a high bar for debt increases.

Justice

https://www.congress.gov/bill/119th-congress/house-joint-resolution/9/all-info