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S.J.Res. 2

A joint resolution proposing an amendment to the Constitution relating to a Federal balanced budget and tax limitation.

Constitutional Amendment - Requires the Congress, prior to each fiscal year, to adopt a statement in which total Federal outlays do not exceed total receipts, unless the Congress authorizes a specific excess by a three-fifths vote of both Houses. Limits the rate of increase in receipts in the statement to that of the increase in national income in the previous fiscal year, unless law is enacted solely to approve specific additional receipts.

Authorizes a waiver of these provisions when a declaration of war is in effect.

Subcommittee on Constitution. Subcommittee included provisions into S.J. Res. 183.

Sen. Dole, Robert J. [R-KS](R-KS)Sponsor
25 cosponsors1 D24 R
25cosponsors1committees5actions8subjects
  1. Committee

    Subcommittee on Constitution. Subcommittee included provisions into S.J. Res. 183.

    Constitution, Civil Rights and Property Rights Subcommittee
  2. Committee

    Subcommittee on Constitution. Hearings held.

    Constitution, Civil Rights and Property Rights Subcommittee
  3. Committee

    Referred to Subcommittee on Constitution.

    Constitution, Civil Rights and Property Rights Subcommittee
  4. IntroReferral

    Read twice and referred to the Committee on Judiciary.

    Judiciary Committee
  5. IntroReferral10000

    Introduced in Senate