H.C.R. No. 23 Summary

• Urges the U.S. Congress to propose a balanced budget amendment to the United States Constitution

• Amendment should prohibit total federal expenditures from exceeding total receipts in any fiscal year, with exceptions for a three-fifths vote override by each house or during declared war/military conflicts threatening national security

• Cites concerns about unsustainable federal fiscal direction, record deficits from 2009-2011, projected national debt of $20.8 trillion by fiscal year 2016, and risks to economic growth and retirement savings

• Directs the Ohio House Clerk to transmit copies of the resolution to Congress leadership, the Ohio Congressional delegation, the Governor, and news media