Proposing an amendment to the Constitution of the United States to provide that expenditures for a fiscal year shall neither exceed revenues for such fiscal year nor 19 per centum of the Nation's gross national product for the last calendar year ending before the beginning of such fiscal year.

Summary

Constitutional Amendment - Prohibits Federal fiscal year expenditures from exceeding: (1) Federal revenues for that fiscal year; and (2) 19 percent of the gross national product for the preceding calendar year. Authorizes the Congress to suspend these prohibitions during time of war or whenever three-fifths of the total membership of each House, by rollcall vote, provides for a specific excess of outlays over estimated revenues.

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

Timeline

1. 13 March 1989

   Introduced

   Referred to the House Committee on Judiciary.

   Source: IntroReferral

2. 13 March 1989

   Introduced

   Introduced in House

   Source: IntroReferral

3. 13 March 1989

   Introduced

   Introduced in House

   Source: IntroReferral

4. 27 March 1989

   Referred

   Referred to the Subcommittee on Economic and Commercial Law.

   Source: Committee

5. 17 July 1990

   Committee

   For Further Action See H.J.Res.268.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · — · Download file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 13 March 1989

  Open at official source

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Sponsors

• Sen. Kyl, Jon [R-AZ] · R · Sponsor
• Rep. Ballenger, Cass [R-NC-10] · R · Sponsor
• Rep. Dornan, Robert K. [R-CA-46] · R · Sponsor
• Rep. Douglas, Chuck [R-NH-2] · R · Sponsor
• Rep. Gingrich, Newt [R-GA-6] · R · Sponsor
• Rep. Hunter, Duncan [R-CA-52] · R · Sponsor
• Rep. Lukens, Donald E. [R-OH-8] · R · Sponsor
• Rep. Nielson, Howard C. [R-UT-3] · R · Sponsor
• Rep. Rohrabacher, Dana [R-CA-48] · R · Sponsor
• Sen. Smith, Bob [R-NH] · R · Sponsor
• Rep. Stump, Bob [R-AZ-3] · R · Sponsor
• Rep. Walker, Robert S. [R-PA-16] · R · Sponsor
• Rep. DeLay, Tom [R-TX-22] · R · Cosponsor
• Rep. Smith, Larkin [R-MS-5] · R · Cosponsor
• Rep. Smith, Denny [R-OR-5] · R · Cosponsor
• Rep. Crane, Philip M. [R-IL-8] · R · Cosponsor
• Sen. Bunning, Jim [R-KY] · R · Cosponsor
• Rep. Herger, Wally [R-CA-2] · R · Cosponsor
• Rep. Wilson, Charles [D-TX-2] · D · Cosponsor
• Sen. Craig, Larry E. [R-ID] · R · Cosponsor
• Sen. Inhofe, James M. [R-OK] · R · Cosponsor
• Rep. Kolbe, Jim [R-AZ-8] · R · Cosponsor
• · hsju00 · Standing

Related records

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