A joint resolution to amend the Constitution relating to a balanced budget.

Summary

Constitutional Amendment - Provides that total expenditures in any fiscal year shall not exceed the net amount of revenue received by the Government in that year. Authorizes the suspension of such prohibition in time of war or by a concurrent resolution passed by the Senate and the House stating that a national economic emergency requires such suspension.

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

Timeline

1. 15 January 1979

   Introduced

   Referred to Senate Committee on the Judiciary.

   Source: IntroReferral

2. 15 January 1979

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 15 January 1979

  Open at official source

Sponsors

• Sen. Talmadge, Herman E. [D-GA] · D · Sponsor
• Sen. Nunn, Sam [D-GA] · D · Cosponsor
• · ssju00 · Standing

Related records

• related to → A joint resolution proposing an amendment to the Constitution to provide that, except in time of war or economic emergency declared by the Congress, expenditures of the Government may not exceed the revenues of the Government during any fiscal year.