Constitutional amendment requiring a supermajority vote in Congress to increase the national debt, mandating a specific purpose be stated in the law. The amendment would take effect ten years after ratification.
Tom McClintock
Representative
CA-5
This proposed constitutional amendment requires a supermajority vote (three-fourths) in both the House and Senate to pass any law that increases the national debt. Any such law must also specify the exact reason for increasing the debt. The amendment would take effect ten years after ratification.
This proposed constitutional amendment throws a major wrench into how the U.S. government handles its debt. Instead of a simple majority, any law that increases the national debt would need a three-fourths supermajority vote in both the House and the Senate. Plus, the law has to spell out exactly why the debt is going up. This change wouldn't kick in until ten years after ratification, assuming it gets that far.
The core change is that massive three-fourths requirement. Think about it: getting 75% of both houses of Congress to agree on anything is a tall order. This directly impacts how quickly (or slowly) the government can respond to, say, a sudden economic downturn or a national emergency where fast cash is needed. The bill also mandates that any debt increase must come with a clearly stated purpose (Section 1). No more vague budget bumps – they're aiming for specifics.
Let's say there's a major recession. In the past, the government might have quickly passed a stimulus package, boosting the debt to get money flowing. Under this amendment, that could get bogged down. A small group of legislators, representing just over 25% of either chamber, could block the whole thing. This could mean delays in getting aid to people who need it – everyone from small business owners facing closure to construction workers laid off due to stalled projects.
Or picture a natural disaster. If emergency funds require raising the debt, the three-fourths rule could slow down relief efforts. While the bill's intent might be to force fiscal responsibility, the practical effect could be tying the government's hands when people need help the most.
That ten-year delay before this amendment takes effect (Section 2) is also worth noting. It gives plenty of time for political maneuvering and potentially creates a decade of uncertainty. It also gives the current and next few Congresses a long window to potentially rack up debt before the supermajority rule kicks in.
While forcing Congress to justify debt increases sounds good on paper, it could also lead to more legislative gridlock. Imagine infrastructure projects, vital for everyone from delivery drivers to office commuters, getting held hostage in debt ceiling debates. The "specific purpose" clause, while aiming for transparency, could also become a tool for attaching unrelated policy riders to crucial debt votes, making the process even messier.
This amendment has the potential to force more careful budgeting. But it also has the potential to make the government far less responsive in times of crisis. It shifts the balance of power, making it easier for a minority to block fiscal measures, and that's a big deal for how the country operates.