A joint resolution to amend the Constitution of the United States to mandate a balanced budget.

Summary

Constitutional Amendment - Directs the Congress to assure that total Federal outlays do not exceed total receipts in any fiscal year. Excludes from such requirement all outlays and receipts derived from the redemption or issuance of bonds, notes, and other obligations of the United States. Authorizes suspension of such requirement in the case of national emergency upon the concurrence of two-thirds of the Members of both Houses of Congress for the fiscal year designated in such concurrence.

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

Timeline

1. 7 March 1979

   Introduced

   Referred to Senate Committee on the Judiciary.

   Source: IntroReferral

2. 7 March 1979

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 7 March 1979

  Open at official source

Sponsors

• Sen. Byrd, Harry F., Jr. [I-VA] · I · Sponsor
• · ssju00 · Standing

Related records

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