House Concurrent Resolution No. 25, introduced by the State Affairs Committee of Idaho, expresses the legislature's findings regarding the significant national debt incurred by the United States Congress, which poses risks to the government, economy, and national defense. The resolution calls for Congress to convene a convention for proposing amendments under Article V of the U.S. Constitution, specifically to consider an amendment that would mandate a balanced federal budget in the absence of a national emergency. This amendment would stipulate that federal outlays for any fiscal year cannot exceed estimated federal revenues, along with any necessary fiscal restraints.
The resolution emphasizes the historical precedent of states applying for a convention to prompt Congress to propose amendments, as seen in past efforts to advocate for a balanced budget amendment. It requests that copies of this application be sent to various federal and state officials to garner support for the initiative. Additionally, the resolution establishes that this application will remain active until at least two-thirds of the states have made similar applications or until December 31, 2033, whichever comes first, and it supersedes any previous applications on the same topic.