Introduced
S. 45
Introduced in Senate · February 10, 2025January 9, 2025
Mr. Daines introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs
A BILL
To reduce a portion of the annual pay of Members of Congress for the failure to adopt a concurrent resolution on the budget which does not provide for a balanced budget, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title; findings.
(a) Short title.—This Act may be cited as the. “Balanced Budget Accountability Act”.
- (b) Findings.—Congress finds the following:
- (1) The Federal debt exceeds $36,000,000,000,000, continues to grow rapidly, and is larger than the size of the United States economy.
- (2) The Federal budget has shown an annual deficit in 55 of the last 60 years.
- (3) Deficits and the Federal debt threaten to shatter confidence in the Nation’s economy, suppress job creation and economic growth, and leave future generations of Americans with a lower standard of living and fewer opportunities.
- (4) It is the duty of Members of Congress to develop and implement policies, including balancing the Federal budget, that encourage robust job creation and economic growth in the United States.
- (5) Members of Congress should be held accountable for failing to pass annual budgets that result in a balanced budget.