Congress Proposes Constitutional Amendment for Balanced Federal Budget

Congress is advancing proposals for a constitutional amendment to mandate an annual balanced federal budget and require a two-thirds supermajority for deficit spending. These legislative efforts aim to enforce long-term fiscal discipline through strict voting requirements and state ratification.

7 policies·January 3, 2025 – February 25, 2026

Economy FinanceTaxes

Key Points

Limits federal spending to revenue levels
Introduces strict supermajority requirements for deficit spending
Potential for significant changes to tax policy and debt management
Mandates for annual balanced budgets versus ten-year transition periods

7 Policies·Fri, Jan 3, 2025 – Wed, Feb 25

Policy

House Committee Advances Balanced Budget Constitutional Amendment

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Policy

Senators Propose Constitutional Amendment Requiring Congress to Balance the Federal Budget

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Policy

Congress Proposes Constitutional Amendment to Require a Balanced Federal Budget

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