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S.J.Res.2 / 107th Congress

A joint resolution to provide for a Balanced Budget Constitutional Amendment that prohibits the use of Social Security surpluses to achieve compliance.

Committee on the Judiciary referred to Subcommittee on Constitution.

Official summary

Version 00 · Introduced in Senate · Jan 22, 2001

Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts (except those derived from borrowing) for that fiscal year unless Congress, by a three-fifths roll call vote of each House, authorizes a specific excess of outlays over receipts.Bars any surplus of receipts (including interest) over outlays of the Federal Old-Age and Survivors and Disability Insurance Trust Funds from being counted for purposes of this article. Requires any deficit of receipts (including interest) relative to outlays of such trust funds to be counted and to be completely offset by a surplus of all other receipts over all other outlays.Requires a three-fifths roll call vote of each House to increase the public debt.Directs the President to submit a balanced budget to Congress.Prohibits any bill to increase revenue from becoming law unless approved by a majority of each House.Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.

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Who introduced it

Sen. Gramm, Phil [R-TX] · R–TX

Committees

  • Judiciary Committee
1 cosponsorship records, including any withdrawals

Actions

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  1. Committee on the Judiciary referred to Subcommittee on Constitution.

  2. Star Print ordered on the joint resolution.

  3. Read twice and referred to the Committee on the Judiciary.

  4. Introduced in Senate

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Aug 10, 2026. Consult Congress.gov for the current record.

Explore the bill from different angles

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Neutral evidence review

Objective

Analyze S.J.Res.2 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

Examine S.J.Res.2 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Institutions and government scope

Conservative lens

Examine S.J.Res.2 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Individual rights and government power

Liberty lens

Examine S.J.Res.2 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

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