Proposing a balanced budget amendment to the Constitution of the United States.

Summary

Constitutional Amendment - Prohibits Federal expenditures (except those for repayment of debt principal) from exceeding revenues (except those derived from borrowing) for any fiscal year unless three-fifths of the whole number of each House of Congress provides for a specific excess of expenditures over revenues by a rollcall vote. Authorizes Congress to waive such prohibition when a declaration of war is in effect or under other specified circumstances involving military conflict.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 31 January 2001

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• Introduced in House (PDF)

  Introduced in House · EN · 31 January 2001

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• Introduced in House

  summary · EN · 31 January 2001

  Open at official source

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