A joint resolution to require the Federal Government to end deficit financing.

Summary

Constitutional Amendment - Requires the President to review Government revenues and expenditures at specified times and to determine a surtax rate when expenditures exceed revenues to insure that receipts will equal outlays. Authorizes the suspension of such measures in the case of a grave national emergency declared by Congress.

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. DeConcini, Dennis [D-AZ] · D · Sponsor
• Sen. Goldwater, Barry [R-AZ] · R · Cosponsor
• Sen. Stone, Richard (Dick) [D-FL] · D · Cosponsor
• · ssju00 · Standing

Related records

• related to → A joint resolution to amend the Constitution of the United States to require a balanced Federal budget.