A joint resolution proposing an amendment to the Constitution to promote fiscal responsibility.

Summary

Constitutional Amendment - Requires the Congress to adopt a balanced budget, unless three-fifths of each House votes to approve a budget in which expenditures exceed receipts. Prohibits any appropriation bill which would cause expenditures to exceed the amount adopted in the budget. Prohibits receipts from exceeding the proportion of national income collected in the prior year, unless a specific increase is passed by each House. Authorizes the waiver of the balanced budget provisions in the case of war.

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

Timeline

1. 2 October 1980

   Introduced

   Referred to House Committee on the Judiciary.

   Source: IntroReferral

2. 2 October 1980

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 October 1980

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 2 October 1980

  Open at official source

Sponsors

• Sen. Grassley, Chuck [R-IA] · R · Sponsor
• Rep. Jacobs, Andrew, Jr. [D-IN-10] · D · Cosponsor
• Rep. Rousselot, John H. [R-CA-26] · R · Cosponsor
• Rep. Solomon, Gerald B. H. [R-NY-22] · R · Cosponsor
• Rep. Holt, Marjorie S. [R-MD-4] · R · Cosponsor
• · hsju00 · Standing

Related records

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