A resolution proposing an amendment to the Constitution of the United States to provide that, except in time of war or national emergency as declared by the Congress, expenditures of the United States in any fiscal year shall not exceed 20 per centum of the estimated gross national product for such year.

Summary

Constitutional Amendment - Directs the President to forecast the gross national product for each fiscal year and to ensure that the total expenditures proposed in the budget submitted to Congress for each fiscal year do not exceed 20 percent of such forecast.

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

Timeline

1. 29 June 1978

   Introduced

   Introduced in House

   Source: IntroReferral

2. 29 June 1978

   Introduced

   Introduced in House

   Source: IntroReferral

3. 29 June 1978

   Introduced

   Referred to House Committee on the Judiciary.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 29 June 1978

  Open at official source

Sponsors

• Rep. Leach, James A. [R-IA-2] · R · Sponsor
• · hsju00 · Standing

Related records

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