A joint resolution to amend the Constitution of the United States to provide for balanced budgets and a limitation upon the outlays of the Government.

referredUnited States· United States Congress· EN

Introduced

17 May 1979

Last action

—

Status

Referred to Senate Committee on the Judiciary.

Summary

Constitutional Amendment - Directs the Congress to assure that the total outlays of the Federal Government in any fiscal year do not exceed: (1) its receipts for such year; and (2) 20 percent of the gross national product for the preceeding calendar year. Authorizes the Congress to waive such restrictions in the case of a national emergency.

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Documents

1 official file

Introduced in Senate
summary · EN · 17 May 1979
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/96th-congress/senate-joint-resolution/79
Open data entity: https://api.congress.gov/v3/bill/96/sjres/79