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S 4268118th CongressFailed / ExpiredSenate

A bill proposing a balanced budget amendment to the Constitution of the United States.

Policy Area: Economics and Public Finance
View on Congress.gov
Origin Chamber
Senate
Last Updated
Jul 21, 2025
Latest Action Date
May 7, 2024

Latest Action

Read twice and referred to the Committee on the Judiciary.

Official Summary

Official summary has not been imported yet.

GovScope Watchdog™

AI Government Intelligence™
Executive Summary

This Senate bill, numbered S.4268 in the 118th Congress, proposes a constitutional amendment to require a balanced federal budget. The bill aims to amend the United States Constitution to mandate that federal expenditures do not exceed federal revenues, effectively prohibiting budget deficits. The bill was read twice and referred to the Senate Committee on the Judiciary but ultimately failed or expired without further legislative action. No full text or official summary is available to provide detailed provisions or mechanisms for enforcement.

Bottom Line

S.4268 sought to amend the Constitution to require a balanced federal budget but did not advance beyond committee referral and expired without passage.

Policy Risk Level
🟡 Medium
Neutral Risk Assessment
Key Points
  • The bill proposes a balanced budget amendment to the U.S. Constitution.
  • It was introduced in the Senate during the 118th Congress.
  • The bill was referred to the Senate Judiciary Committee but did not progress further.
Who Benefits?

['Federal government agencies responsible for budget and finance', 'Taxpayers and citizens potentially affected by federal fiscal policy', 'Economists and policymakers focused on fiscal responsibility']

Potential Concerns

['Lack of detailed text limits understanding of enforcement mechanisms and exceptions.', 'Potential challenges in implementation due to constitutional amendment requirements.', 'Possible tradeoffs between fiscal constraints and flexibility in government spending.']

Political Context

The bill was introduced in the Senate and referred to the Judiciary Committee during the 118th Congress. It did not advance beyond committee referral and is recorded as failed or expired. No further legislative actions or debates are documented in the provided data.

Hidden Impact Review

Hidden impact flags detected: 2

GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.

2 Detected
Detected Flags
Indirect Effects

['If enacted, a balanced budget amendment could constrain federal fiscal policy, potentially affecting government programs and services.', 'States and local governments might experience indirect impacts through changes in federal funding or mandates.', 'Economic conditions could be influenced by changes in federal spending and borrowing practices.']

GovScope Watchdog Notes

The lack of an official summary and full bill text reduces transparency and limits public understanding of the bill's detailed provisions and potential impacts. The bill's status as failed or expired indicates no current legislative movement. Monitoring similar future proposals would benefit from more complete documentation and clear enforcement mechanisms.

Passage Likelihood: LowConfidence: 75%Model: gpt-4.1-mini

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