A joint resolution proposing an amendment to the Constitution to protect the people of the United States against excessive governmental burdens and unsound fiscal and monetary policies by limiting the total outlays of the Government.

Summary

Constitutional Amendment - Limits the increase of total budget outlays of the United States Government during any fiscal year to a percentage equal to the percentage increase in the gross national product during the previous calendar year. States that if the inflation rate exceeds three percent annually the increase in total outlays shall be reduced by one-fourth the difference between the inflation rate and three percent. Requires the use of any surplus in total revenues received by the Government to reduce the public debt. Allows the limit on total outlays to be changed by a three-quarters vote of both Houses of Congress, or by a two-thirds vote in the case of an emergency declared by the President. Continues Federal aid programs to States and local governments for a period of six years.

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Timeline

1. 5 January 1981

   Introduced

   Referred to House Committee on The Judiciary.

   Source: IntroReferral

2. 5 January 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 5 January 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 17 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 · 5 January 1981

  Open at official source

Sponsors

• Rep. Railsback, Thomas F. [R-IL-19] · R · Sponsor
• Rep. Evans, Billy Lee [D-GA-8] · D · Sponsor
• Rep. Butler, M. Caldwell [R-VA-6] · R · Sponsor
• Rep. Collins, James M. [R-TX-3] · R · Sponsor
• Rep. Dornan, Robert K. [R-CA-46] · R · Sponsor
• Rep. Daniel, Robert W., Jr. [R-VA-4] · R · Sponsor
• Rep. Barnard, Doug, Jr. [D-GA-10] · D · Sponsor
• Rep. Robinson, J. Kenneth [R-VA-7] · R · Sponsor
• Rep. Roth, Toby [R-WI-8] · R · Sponsor
• Rep. Hagedorn, Thomas M. [R-MN-2] · R · Cosponsor
• Rep. McCollum, Bill [R-FL-8] · R · Cosponsor
• · hsju00 · Standing

Related records

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