A joint resolution proposing an amendment to the Constitution of the United States to provide that appropriations shall not exceed revenues of the United States, except in time of war or national emergency.

Summary

Constitutional Amendment - Prohibits total Federal expenditures from exceeding total revenues. Authorizes the suspension of such prohibition in time of war or national emergency by a concurrent resolution which has passed each House of Congress by an affirmative vote of at least two-thirds of its authorized membership. Limits the duration of such suspension to the end of the fiscal year following the fiscal year in which such resolution is adopted.

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Documents

1 official file

• Introduced in House

  summary · EN · 5 January 1981

  Open at official source

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