A joint resolution proposing an amendment to the Constitution relating to Federal budget procedures.

Summary

Constitutional Amendment - Requires the President to submit a balanced budget to the Congress prior to each fiscal year. Requires the Congress to: (1) approve a proposed balanced budget for each fiscal year; and (2) adopt measures necessary to assure that fiscal year appropriations do not exceed revenues. Permits any bill that would cause a violation of this latter requirement to become law only if passed by two-thirds of the Senate and the House of Representatives. Authorizes a waiver of these provisions during times of declared national emergency.

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Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 25 January 1989

  Open at official source

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