A joint resolution proposing a balanced budget amendment to the Constitution of the United States.

Summary

Constitutional Amendment - Requires the Congress, prior to each fiscal year, to adopt a statement in which total Federal outlays do not exceed total receipts, unless a three-fifths vote of both Houses authorizes a specific excess. Prohibits a bill to increase receipts from becoming law unless approved by a three-fifths majority in each House. Directs the President to submit a balanced budget. Sets a permanent limit on the amount of Federal public debt, prohibiting any increase unless legislation enacted by a three-fifths majority of both Houses becomes law. Requires roll call votes in the House and Senate under this amendment.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 4 January 1995

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 4 January 1995

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 4 January 1995

  Open at official source

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