Proposing an amendment to the Constitution of the United States to provide for a balanced budget for the United States Government and for greater accountability in the enactment of tax legislation and to allow an item veto of appropriation bills.

Summary

Constitutional Amendment - Requires the Congress and the President, prior to each fiscal year, to agree on an estimate of total receipts for that fiscal year by enactment of a law devoted solely to that subject. Prohibits outlays for that year from exceeding this amount unless the Congress, by a three-fifths roll call vote of each House, authorizes a specific excess of outlays over receipts. Requires a two-thirds roll call vote of each House to increase the public debt. Directs the President to submit a balanced budget to the Congress. Requires a two-thirds roll call vote of the total membership of each House before any bill to increase revenue may become law. Waives these provisions when a declaration of war is in effect. Grants the President the authority to disapprove any appropriation or provision and approval any other appropriation or provision in the same appropriation bill.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 5 January 1993

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• Introduced in House (PDF)

  Introduced in House · EN · 5 January 1993

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 5 January 1993

  Open at official source

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