A joint resolution proposing an amendment to the Constitution relating to a Federal balanced budget.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jan 14, 1991)
Constitutional Amendment - Prohibits fiscal year Federal outlays (except those for repayment of debt principal) from exceeding receipts (except those derived from borrowing), unless the Congress authorizes a specific excess by a three-fifths vote of both Houses.
Permits any bill for raising taxes to become law only if a majority of the whole number of both Houses of Congress approves it by roll call vote.
Authorizes a waiver of these provisions when a declaration of war is in effect.
What just happenedJan 24, 1991
Referred to Subcommittee on Constitution.
Who’s behind it
- Jan 24, 1991Committee
Referred to Subcommittee on Constitution.
Constitution, Civil Rights and Property Rights Subcommittee - Jan 14, 1991IntroReferral
Read twice and referred to the Committee on Judiciary.
Judiciary Committee - Jan 14, 1991IntroReferral10000
Introduced in Senate