Proposing an amendment to the Constitution to provide for a balanced budget for the United States Government and for greater accountability in the enactment of tax legislation.

Summary

Constitutional Amendment - Requires the Congress and the President, prior to each fiscal year, to agree on an estimate of total receipts (except those derived from borrowing) for that fiscal year by enactment of a joint single subject resolution. Prohibits outlays for that year (except those for repayment of debt principal) from exceeding this amount unless the Congress, by a three-fifths roll call vote of each House, authorizes a specific excess of outlays over receipts. Requires the Congress, whenever actual outlays exceed actual receipts for any fiscal year, to provide by law for the repayment of the excess in the ensuing fiscal year. Requires a three-fifths roll call vote of each House to increase the public debt. Directs the President to submit a balanced budget to the Congress. Requires the approval of a majority of the total membership of each House by roll call vote before any bill to increase revenue may become law. Waives these provisions when a declaration of war is in effect.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 4 February 1993

   Introduced

   Referred to the House Committee on Judiciary.

   Source: IntroReferral

2. 4 February 1993

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 February 1993

   Introduced

   Introduced in House

   Source: IntroReferral

4. 12 February 1993

   Referred

   Referred to the Subcommittee on Economic and Commercial Law.

   Source: Committee

5. 17 March 1994

   Committee

   See H.J.Res.103.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 February 1993 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 February 1993

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 February 1993

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 4 February 1993

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Hutchinson, Tim [R-AR] · R · Sponsor
• · hsju00 · Standing

Related records

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• related to → Proposing an amendment to the Constitution to provide for a balanced budget for the United States Government and for greater accountability in the enactment of tax legislation.