Constitutional Amendment - Prohibits the Congress from increasing the limit on the public debt of the United States without the approval of three-fifths of each House of Congress.
Prohibits any bill to increase tax revenue from becoming law unless approved by three-fifths of each House.
Waives these provisions when a declaration of war is in effect or when the United States by law is engaged in military conflict.
Failed of passage in Senate by Yea-Nay Vote. 64-35. Record Vote No: 158.
Introduced in House
Introduced in House
Referred to the House Committee on the Judiciary.
Sponsor introductory remarks on measure. (CR H480-481, H485)
For Further Action See H.J.Res.1.
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