A joint resolution proposing an amendment to the Constitution of the United States to provide that, except in cases of war or national emergency to be declared by Congress, the budget of the United States must provide that the expenditures of the United States in each fiscal year shall not exceed the receipts of the United States for that fiscal year, and shall not exceed 20 percent of the average gross national product for the three calendar years immediately preceding such fiscal year.

Summary

Constitutional Amendment - Requires the Congress to adopt for the United States a budget for each fiscal year. Requires such budget to provide that the expenditures of the United States do not exceed the receipts and do not exceed 20 percent of the average gross national product of the United States for the three calendar years immediately preceding the beginning of such fiscal year. Deems the receipts in excess of expenditures during a fiscal year to be receipts of the United States for the succeeding fiscal year or funds for the purpose of providing tax relief for taxpayers. Permits the suspension of such prohibition by a declaration of war made by Congress or the physical inability of Congress to meet and consider such a declaration as a result of armed attack. Makes such suspension effective so long as the hostilities continue. Permits suspension of such prohibition during a state of national emergency declared by a concurrent resolution approved by a two-thirds vote of the Members of Congress. Requires any public debt incurred as a result of the adoption of such a concurrent resolution to be extinguished by the end of the fifth consecutive fiscal year.

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Timeline

1. 19 February 1981

   Introduced

   Referred to House Committee on The Judiciary.

   Source: IntroReferral

2. 19 February 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 19 February 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 24 February 1981

   Referred

   Referred to Subcommittee on Monopolies and Commercial Law.

   Source: Committee

5. 18 March 1981

   Committee

   Subcommittee Hearings Held.

   Source: Committee

6. 19 March 1981

   Committee

   Subcommittee Hearings Held.

   Source: Committee

7. 5 May 1982

   Committee

   Subcommittee Hearings Held.

   Source: Committee

8. 19 May 1982

   Committee

   Subcommittee Hearings Held.

   Source: Committee

9. 18 August 1982

   Committee

   See H.J.Res.350.

   Source: Committee

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 · 19 February 1981

  Open at official source

Sponsors

• Sen. Daschle, Thomas A. [D-SD] · D · Sponsor
• · hsju00 · Standing

Related records

• related to ← A joint resolution proposing an amendment to the Constitution altering Federal budget procedures.