Constitutional Amendment - Prohibits fiscal year expenditures from exceeding revenues and from exceeding 20 percent of the gross national product, except in cases of national emergency determined by a three-fifths vote of each House of the Congress.
Motion to reconsider laid on the table Agreed to without objection.
Introduced in House
Introduced in House
Referred to the House Committee on Judiciary.
Referred to the Subcommittee on Economic and Commercial Law.
See H.J.Res.103.
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