<p><strong>Balanced Budget Accountability Act</strong></p><p>This bill withholds Members of Congress's salaries in each chamber if the Office of Management and Budget (OMB) does not certify that the chamber has adopted a balanced budget.&nbsp;The bill also requires that revenue increases be agreed upon by an affirmative three-fifths vote in each&nbsp;chamber.</p><p><em>Balanced budget </em>means a concurrent budget resolution providing that for FY2035 and each succeeding fiscal year to which the resolution applies total outlays do not exceed total receipts and are not more than 18% of the projected gross domestic product for such fiscal year.&nbsp;</p><p>For the 119th Congress, if OMB does not certify that a chamber has adopted a balanced budget for the next fiscal year before April 16, salaries of Members of that chamber must be held in escrow until passage of a balanced budget or, if none is passed, the conclusion of the 119th Congress.</p><p>For subsequent Congresses, if OMB does not certify that a chamber has adopted a balanced budget for the next fiscal year before April 16, each Member of that chamber shall be paid at the rate of $1 annually for the remainder of the calendar year.</p>