A resolution proposing an amendment to the Constitution of the United States which, except in times of war or national emergency, prohibits the Congress from making appropriations for a fiscal year in excess of the amount of estimated revenue during that year and requires that the amount of the debt of the United States not exceed the amount of that debt on the date of the adoption of the amendment.

Summary

Constitutional Amendment - Prohibits total appropriations from exceeding estimated revenues for a fiscal year, except in times of war or national emergency. Prohibits any increase in the national debt as it exists on the date this article is adopted.

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1 official file

• Introduced in House

  summary · EN · 14 September 1978

  Open at official source

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