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 - Requires the President: (1) at the end of each calendar year, to determine and proclaim the estimated amount of revenues of the United States for the next fiscal year; and (2) annually to submit to the Congress a budget under which the funds withdrawn from the Treasury during the fiscal year shall not exceed the revenues for that year. Prohibits the Congress from authorizing the withdrawal of funds exceeding revenues in any fiscal year. Authorizes the suspension of such prohibition in time of war as declared by the Congress or grave national emergency as proclaimed by the President.

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

Timeline

No timeline events have been ingested for this record yet.

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 · 6 January 1987

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.