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S.J.Res. 79

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.

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.

Referred to Senate Committee on the Judiciary.

Sen. Byrd, Harry F., Jr. [I-VA](I-VA)Sponsor
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  1. IntroReferral

    Referred to Senate Committee on the Judiciary.

    Judiciary Committee
  2. IntroReferral10000

    Introduced in Senate

A joint resolution to amend the Constitution of the United States to provide for balanced … — Informed