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Constitutional provision
A balanced budget amendment or debt brake is a constitutional rule requiring that a state cannot spend more than its income. It requires a balance between
Balanced_budget_amendment
Financial plan where revenues equal expenses
A balanced budget (particularly that of a government) is a budget in which revenues are equal to expenditures. Thus, neither a budget deficit nor a budget
Balanced_budget
Fiscal rule in Germany
Germany's balanced budget amendment, also referred to as the debt brake (German: Schuldenbremse), is a fiscal rule enacted in 2009 by the First Merkel
German balanced budget amendment
German_balanced_budget_amendment
American politician (1934–2022)
sponsored a balanced budget amendment 17 times—4 times as lead sponsor and 13 times as a co-sponsor. He also voted in favor of passing a Balanced Budget Amendment
Orrin_Hatch
Process for amending the U.S. constitution
for an Article V Convention based on a single issue such as the balanced budget amendment, it is not clear whether a convention summoned in this way would
Convention to propose amendments to the United States Constitution
Convention_to_propose_amendments_to_the_United_States_Constitution
Use of government revenue collection and expenditure to influence a country's economy
needed and the additional debt is not needed. The concept of a balanced budget amendment or fiscal straitjacket is a general economic principle that suggests
Fiscal_policy
American political action committee
The Balanced Budget Amendment Task Force is a conservative Florida-based lobbying organization supporting a balanced-budget amendment to the United States
Balanced Budget Amendment Task Force
Balanced_Budget_Amendment_Task_Force
United States law
(sometimes called the "super committee"), options for a balanced budget amendment, and automatic budget sequestration. The debt ceiling was increased by $400 billion
Budget_Control_Act_of_2011
reprising Alabama's application for a convention to propose a balanced budget amendment to the federal Constitution—thus going on record once again on
List of rescissions of Article V Convention applications
List_of_rescissions_of_Article_V_Convention_applications
Spending in excess of revenue
conservative ideas. Numerous states of the United States have a balanced budget amendment to their state constitution, and the Stability and Growth Pact
Deficit_spending
American non-profit organization
a balanced budget amendment that slashed the federal safety net. NPP currently focuses its efforts toward public education about the federal budget using
National_Priorities_Project
American politician (born 1963)
co-sponsor of the constitutional amendment, but I will run again in 2022." Paul supports a balanced budget amendment to the U.S. constitution which would
Rand_Paul
American politician and attorney (born 1974)
a balanced budget amendment to the Constitution". Salt Lake Tribune. Roche, Lisa Riley. "Utah Rep. Ben McAdams proposes balanced budget amendment, says
Ben_McAdams
Balance sheet or statement of estimated receipts and expenditures
2012-11-05 at the Wayback Machine "Constitutional Balanced Budget Amendment Poses Serious Risks". Center on Budget and Policy Priorities. 16 July 2014. Retrieved
Budget
Former Maryland Senate Majority Leader (1929–2017)
National Taxpayers Union and led a nationwide effort to pass a Balanced Budget Amendment to the United States Constitution. Snyder died in 2017 at the
George_Snyder_(politician)
Political proposal
legislative district boundaries, and to propose an amendment requiring the U.S. budget to be balanced under most circumstances. The campaign for a popularly
Second Constitutional Convention of the United States
Second_Constitutional_Convention_of_the_United_States
Governor of New Hampshire since 2025
sales tax. Ayotte supported a balanced budget amendment to the Constitution and helped pass the Senate's first balanced budget in 14 years. Ayotte offered
Kelly_Ayotte
JSTOR 40229744. S2CID 144062929. James V. Saturno, "A Balanced Budget Amendment Constitutional Amendment: Procedural Issues and Legislative History", Congressional
List of proposed amendments to the Constitution of the United States
List_of_proposed_amendments_to_the_Constitution_of_the_United_States
Governor of New York since 2021
Security budget shortfalls due to increased collections of payroll taxes. As a member of Congress, Hochul voted for a balanced budget amendment, which she
Kathy_Hochul
In mechanism design, a branch of economics, a weakly-budget-balanced (WBB) mechanism is a mechanism in which the total payment made by the participants
Budget-balanced_mechanism
State-owned investment fund
In the United States, these concerns are addressed by the Exon–Florio Amendment to the Omnibus Trade and Competitiveness Act of 1988, Pub. L. No. 100-418
Sovereign_wealth_fund
United States federal law concerning austerity and sequestration
The Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 and the Balanced Budget and Emergency Deficit Control Reaffirmation
Gramm–Rudman–Hollings Balanced Budget Act
Gramm–Rudman–Hollings_Balanced_Budget_Act
American politician (born 1978)
Committee. Murphy is a self-identified capitalist. She supports a balanced budget amendment to the U.S. constitution, which would prohibit the government
Stephanie_Murphy
American politician (born 1969)
that she will never vote to increase taxes. She has supported a balanced budget amendment, opposed Congressional earmarks, and supported a simplification
Christine_O'Donnell
motion, with a total of 512 MPs voting in favour and 212 against. The amendment to the Basic Law was thus passed. The vote was hailed as a victory for
2025_German_federal_election
American attorney and politician (born 1972)
the guns out of the hands of criminals." Jolly supported the Balanced Budget Amendment and said he would have voted to raise the debt limit in early
David_Jolly
Budget of the German federal government
calendar year (1 January to 31 December). Since 2009, Germany has a balanced budget amendment in its Constitution, the so-called "debt brake" (Schuldenbremse
Budget_of_Germany
Governor of California (1975–1983; 2011–2019)
constitutionality of the death penalty. Brown was both in favor of a Balanced Budget Amendment and initially opposed to Proposition 13, the latter of which would
Jerry_Brown
American physician and politician (born 1957)
of President George W. Bush. He voted for the Constitutional Balanced Budget Amendment of 2011. In May 2013, Cassidy introduced the Energy Consumers
Bill_Cassidy
Difference between revenues and spending
correlation between political stability and budget balance meaning the less political stability, the less balanced budget. Government composition index refers
Government_budget_balance
Tenure of the 38th Governor of California
advocate for stem cell research. In 2008, Schwarzenegger proposed a balanced budget amendment to the state constitution. Also in his second term, Schwarzenegger
Governorship of Arnold Schwarzenegger
Governorship_of_Arnold_Schwarzenegger
American politician (born 1948)
consistent supporter of the Balanced Budget Amendment to the Constitution, and in 2010 he co-founded the Balanced Budget Amendment Caucus. Due to his military
Jim Marshall (Georgia politician)
Jim_Marshall_(Georgia_politician)
American news anchor and politician (born 1964)
Agency regulations, enact a reform of the federal tax code, pass a balanced budget amendment, and end earmarks. In May 2018, Gowdy challenged President Trump's
Trey_Gowdy
governments." Paul supports cutting government federal spending, a balanced budget amendment, and lowering taxes. He has criticized both Republicans and Democrats
Political positions of Rand Paul
Political_positions_of_Rand_Paul
American politician (born 1952)
constitutional amendment to require a balanced federal budget. Goodlatte wrote and put forward both the "clean" Balanced Budget Amendment which had a higher
Bob_Goodlatte
Budget of the Russian federal government
federal budget for the next fiscal year to the State Duma. The federal budget is considered by the State Duma in three readings (amendments to the Code)
Federal_budget_of_Russia
American attorney and politician
a balanced budget amendment to the U.S. Constitution. Hasner is national Co-Chairman of the citizen action group, Pass The Balanced Budget Amendment. On
Adam_Hasner
incorporate large and immediate spending cuts or a constitutional amendment requiring a balanced budget. In the United States, the federal government can pay for
2011 United States debt-ceiling crisis
2011_United_States_debt-ceiling_crisis
American politician (born 1961)
voted against raising the federal debt ceiling and authored a balanced budget amendment to the United States Constitution. Walsh rejected the scientific
Joe Walsh (Illinois politician)
Joe_Walsh_(Illinois_politician)
United States law
The Balanced Budget Act of 1997 (Pub. L. 105–33 (text) (PDF), 111 Stat. 251, enacted August 5, 1997) was an omnibus legislative package enacted by the
Balanced_Budget_Act_of_1997
American politician (born 1953)
lifetime rating. In 2011, while in the House, Capito voted for a Balanced Budget Amendment to the United States Constitution. In 2020, she said she opposed
Shelley_Moore_Capito
American politician and author (born 1952)
chair of the House Budget Committee. Kasich was a key figure in the passage of both 1996 welfare reform legislation and the Balanced Budget Act of 1997. Kasich
John_Kasich
Governor of California since 2019
amendments on separate subjects, like abortion, or the often proposed balanced budget amendment (which liberals feel would decimate welfare programs). In December
Gavin_Newsom
American politician (1922–2011)
the deciding vote against a balanced budget amendment to the Constitution. Hatfield compared the balanced budget amendment to President Reagan's tax cuts
Mark_Hatfield
American politician (born 1937)
Right to Life Committee, opposes LGBT rights, and supports a balanced budget amendment for the United States. Nonetheless, a FiveThirtyEight analysis
Hal_Rogers
American politician (born 1977)
country's rape-kit backlog, expand access to birth control, adopt a balanced budget amendment and create an alert system that would notify people when there
Nancy_Mace
measures, as well as a 2011 constitutional reform introducing a balanced budget amendment. Concurrently, the curtailment of the Catalan Statute of Autonomy
2011_Spanish_general_election
American political party
However, two of the major provisions (Constitutional amendments for term limits and the balanced budgets) failed to secure the two-thirds congressional majorities
Reform Party of the United States of America
Reform_Party_of_the_United_States_of_America
1997 political thriller novel by Vince Flynn
partisan politics and restore power to the people, specifically a balanced budget amendment and term limits for all of Congress. Michael O'Rourke, a U.S.
Term_Limits_(novel)
American businessman and politician (born 1952)
access to insurance in low-income neighborhoods. Proposing a balanced-budget amendment to the U.S. Constitution as a vehicle to end skyrocketing deficits
Joseph_P._Kennedy_II
American politician (1944–2021)
from Canada. Enzi supported the creation of a balanced budget amendment and stated that, without the amendment, the president could use "smoke and mirrors"
Mike_Enzi
Speech by US President Bill Clinton
that "[President Clinton] is the chief obstacle to a balanced budget and the balanced budget amendment... While the President's words speak of change, his
1996 State of the Union Address
1996_State_of_the_Union_Address
American businessman and politician (1930–2019)
opposed to larger corporations. Additionally, Perot supported a balanced budget amendment, stating, "spending should not exceed revenue for 27 consecutive
Ross_Perot
address on the Balanced Budget Amendment not passing in the Senate during the afternoon. Clinton stated the Balanced Budget Amendment "has been defeated
Timeline of the Bill Clinton presidency (1995)
Timeline_of_the_Bill_Clinton_presidency_(1995)
Vice President of the United States from 2017 to 2021
have otherwise been necessary. As governor, Pence pressed for a balanced budget amendment to the state's constitution. He initially proposed the initiative
Mike_Pence
Political slang term
combat the economic downturn caused by the pandemic. Balanced budget Balanced budget amendment Balance of payments Citizens Against Government Waste
Deficit_hawk
American political activist and Navy SEAL (born 1983)
Affordable Care Act. On economic issues, Higbie supported "a balanced budget amendment and an across-the-board personal income tax rate of 10 percent
Carl_Higbie
American politician and businessman (born 1965)
raising the U.S. debt ceiling, Scott supported the inclusion of a balanced budget amendment in the debt ceiling bill, but after a day full of meetings and
Tim_Scott
Guamanian ballot measure
on introducing balanced budgets was held in Guam on 1 November 1986. Although more voters voted "yes" than "no", the Santos Amendment had required that
1986 Guamanian balanced budget referendum
1986_Guamanian_balanced_budget_referendum
American politician (born 1955)
Investigations Subcommittee on Technology Modernization Congressional Balanced Budget Amendment Caucus (Chairman) Congressional Bike Caucus Congressional Caucus
Mike_Coffman
Failure to accurately perceive the amount of government expenditure
Tax revenue Discretionary spending Mandatory spending Optimum Balanced budget amendment Economic growth Fiscal illusion Price stability Wagner's law Reform
Fiscal_illusion
American political advocacy group
repealing the estate tax, supporting limited government and a balanced budget amendment, entitlement reform (including Social Security reform, Medicare
Club_for_Growth
American politician (born 1986)
would not support any federal budget that resulted in additional debt and that she would support a balanced budget amendment to the U.S. Constitution. She
Lauren_Boebert
American politician (born 1980)
Amash introduced H.J. Res. 81, a Constitutional amendment proposal that would require a balanced budget over the business cycle with a ten-year transition
Justin_Amash
Political party in the United States
of 2014, the Unity Party platform was outlined as supporting a balanced budget amendment, an elimination of the federal income tax, a health care tax deduction
Unity_Party_of_America
American politician (born 1947)
partisan division, to "utilize the Constitution", and to pass a balanced budget amendment. In March 2021, all House Republicans including Bergman voted
Jack_Bergman
American perennial candidate (born 1954)
on April 6, 2024. The party is broadly centrist and supports a balanced budget amendment to the United States Constitution, the elimination of the federal
Paul_Noel_Fiorino
American politician
increase in the United States debt ceiling without demanding a balanced budget amendment in return; and he condemned Terry's efforts to speed approval
Brett_Lindstrom
officials. In June 2011, McConnell introduced a Constitutional Balanced Budget Amendment. The amendment would require two-thirds votes in Congress to increase
Political positions of Mitch McConnell
Political_positions_of_Mitch_McConnell
American politician and military officer (born 1939)
"Contract with America" when they reached the floor, including a Balanced Budget Amendment and a line item veto. He became the only senator to serve on all
Chuck_Robb
American politician and diplomat (born 1959)
Israel. Hagerty supports reducing taxes and supports enacting a balanced budget amendment to the Constitution of the United States. He opposes raising the
Bill_Hagerty
Monetary policy tool
Tax revenue Discretionary spending Mandatory spending Optimum Balanced budget amendment Economic growth Fiscal illusion Price stability Wagner's law Reform
Yield_curve_control
American politician (born 1950)
Cap, and Balance Act and the Budget Control Act of 2011. Both acts required Congress to pass a balanced budget amendment prior to raising the United States
Dave_Reichert
constitution in favour of a clearly neoclassical inspiration. Balanced Budget Amendment Boehm, Christoph E. (2020). "Government consumption and investment:
Golden_Rule_(fiscal_policy)
Marxism–Leninism 19 / 50 154,538 (0.100%) 1 / 50 2,181 Unity Party 2004– Center: Balanced budget amendment Electoral reform No candidate No candidate 1 / 50 3,181
List of political parties in the United States
List_of_political_parties_in_the_United_States
American political party
a Balanced Budget Amendment to the Constitution which they believe will significantly lower the national debt, provided that the budget is balanced preferably
Libertarian Party (United States)
Libertarian_Party_(United_States)
1994 Republican legislative agenda
(H.R. 1213, Pub. L. 114–6 (text) (PDF)) An amendment to the Constitution that would require a balanced budget unless sanctioned by a two-thirds vote in
Contract_with_America
American political campaign
economy in 1992 due to the recession and ran on school choice, balanced budget amendment, opposition to illegal immigration and support for NAFTA. [citation
Bill Clinton 1992 presidential campaign
Bill_Clinton_1992_presidential_campaign
world. The large oil and gas sector accounted up to 30% of Russia's federal budget revenues in 2024, down from 50% in the mid-2010s, suggesting economic diversification
Economy_of_Russia
Index of politics with the same name
supported by a separate government department) with respect to fiscal policy or budget formation; in many countries there is a separate portfolio for general economic
Ministry_of_finance
1992 amendment delaying congressional salary changes
The Twenty-seventh Amendment (Amendment XXVII, also known as the Congressional Pay Amendment or the Congressional Compensation Act of 1789) to the United
Twenty-seventh Amendment to the United States Constitution
Twenty-seventh_Amendment_to_the_United_States_Constitution
American politician (born 1943)
issues such as welfare reform, term limits, crime, and a balanced budget/tax limitation amendment, to more specialized legislation such as restrictions on
Newt_Gingrich
Periodical cicadas that appear every 17 years
to overrun Congress." He then asked his listeners to support a balanced budget amendment and the line item veto to "make the cicadas in Congress go back
Brood_X
Monetary policy tool
supervision and requires no outside approval to enact monetary policies, a 1977 amendment to the Federal Reserve Act gives the central bank a mandate to provide
Quantitative_easing
American lawyer
Brian (14 July 2011). "The House and Senate Balanced Budget Amendments: Not All Balanced Budget Amendments Are Created Equal". Heritage Foundation. Archived
Brian_Darling
American politician (1927–2003)
voted against the death penalty; the flag desecration amendment; the balanced budget amendment, the Private Securities Litigation Reform Act; the Defense
Daniel_Patrick_Moynihan
Political philosophy
Tax revenue Discretionary spending Mandatory spending Optimum Balanced budget amendment Economic growth Fiscal illusion Price stability Wagner's law Reform
Redistribution of income and wealth
Redistribution_of_income_and_wealth
American fiscally conservative movement
proposed Repeal Amendment, which would enable a two-thirds majority of the states to repeal federal laws, and a Balanced Budget Amendment, to limit deficit
Tea_Party_movement
American politician (born 1945)
Committee and two subcommittees. Craig is a longtime advocate for a balanced budget amendment to the United States Constitution. In May 2003, Craig put a hold
Larry_Craig
American politician (1933–2025)
Campbell said the last straw was the Senate's defeat of the balanced-budget amendment, which he had championed since coming to Washington as a congressman
Ben_Nighthorse_Campbell
American politician (born 1960)
supported legislation to amend the constitution to require a balanced-budget amendment. In 1996, she championed the Freedom to Farm Act. She was reelected
Blanche_Lincoln
American lawyer and politician (born 1971)
2010, Lee has published six books: The Freedom Agenda: Why a Balanced Budget Amendment is Necessary to Restore Constitutional Government (July 2011,
Mike_Lee
Tax revenue Discretionary spending Mandatory spending Optimum Balanced budget amendment Economic growth Fiscal illusion Price stability Wagner's law Reform
Impact_fee
Term used to describe people by their preferred approach to monetary policy
Tax revenue Discretionary spending Mandatory spending Optimum Balanced budget amendment Economic growth Fiscal illusion Price stability Wagner's law Reform
Monetary_hawk_and_dove
Economic theory by Adolph Wagner
Tax revenue Discretionary spending Mandatory spending Optimum Balanced budget amendment Economic growth Fiscal illusion Price stability Wagner's law Reform
Wagner's_law
Commercial banks' holdings deposited in central banks
Tax revenue Discretionary spending Mandatory spending Optimum Balanced budget amendment Economic growth Fiscal illusion Price stability Wagner's law Reform
Bank_reserves
Career of Strom Thurmond in the United States Senate
balanced budget amendment". UPI. "A constitutional amendment to require a balanced budget was..." UPI. January 26, 1983. "HOW SENATE VOTED ON BUDGET PLAN"
US Senate career of Strom Thurmond
US_Senate_career_of_Strom_Thurmond
Person or organization subject to pay a tax
for the items on the federal budget. The gap between revenue (money collected via taxes) and spending is known as the budget deficit. The money the federal
Taxpayer
U.S. budget to fund government operations 2012
increase the debt limit, but would have required Congress to pass a Balanced Budget Amendment to the United States Constitution before increasing the debt limit
2012 United States federal budget
2012_United_States_federal_budget
American politician (born 1951)
supported many changes to federal spending, such as prioritizing a balanced budget amendment instead of increasing the national debt limit. As a senator, DeMint
Jim_DeMint
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