S.45

Balanced Budget Accountability Act

Introduced·1/9/25

Balanced Budget Accountability Act reduces pay for Members of Congress if they fail to adopt a balanced budget.

The Balanced Budget Accountability Act mandates that Members of Congress have their pay reduced if they fail to adopt a balanced budget. The Director of the Office of Management and Budget must certify whether a balanced budget has been adopted. If not, Members' pay is withheld and held in escrow. For fiscal years 2026 and 2027, Members will receive only $1 per year if a balanced budget is not certified by April 16. The act also requires a three-fifths majority vote in the Senate and House to pass any bill, joint resolution, amendment, conference report, or amendment that increases revenue.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.

Where it stands

Current
Homeland Security And Governmental Affairs Committee
Next
Committee decision

Sponsors

0
2
RR
Democratic CaucusRepublican Caucus

History

Jan 9, 2025

Senate

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.