S.J.Res. 219 — A joint resolution proposing an amendment to the Constitution of the United States requiring a balanced budget and establishing the requisite procedures.

This section proposes a constitutional amendment requiring Congress to adopt a biannual appropriations process with itemized listings of all appropriations exceeding $100 million (adjusted for inflation every four years starting in FY2031), to make full bill text available to Members and the public at least 72 hours before floor consideration, and to enact budgets ensuring outlays do not exceed the average of the prior three years’ revenue. It establishes a Taxation, Spending, and Budget Reform Commission that meets every ten years until federal debt falls to 60 percent of GDP and requires its recommendations to receive floor consideration if debt exceeds that threshold. It mandates creation of a budget stabilization fund with annual deposits of at least 1 percent of prior-year net revenue, reaching minimum balances of 5 percent by the fifth year and 10 percent by the tenth year after ratification, with withdrawals permitted only for revenue shortfalls or congressionally defined emergencies and replenishment required within five years. It designates the President as Chief Administrative Officer responsible for submitting two-year balanced budgets and grants line-item veto authority over appropriations when outlays would exceed revenues, subject to override by three-fourths of each House.