A joint resolution proposing an amendment to the Constitution of the United States to require a balanced budget.
Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts (except those derived from borrowing) for that fiscal year unless the Congress, by a three-fifths roll call vote of each House, authorizes a specific excess of outlays over receipts.
Requires a three-fifths roll call vote of each House to increase the public debt.
Directs the President to submit a balanced budget to the Congress.
Requires the approval of a majority of each House by roll call vote before any bill to increase revenue may become law.
Authorizes the Congress to waive these provisions when: (1) a declaration of war is in effect; or (2) the United States is engaged in a military conflict which poses a threat to national security as declared by a joint resolution adopted by a majority of each House.
Makes this article effective beginning with FY 2002 or with the second fiscal year beginning after its ratification, whichever is later.
Committee Consideration and Mark-up Session Held.
Committee on Judiciary. Hearings held. Hearings printed: S.Hrg. 105-115.
Committee on Judiciary. Ordered to be reported without amendment favorably.
Committee on Judiciary. Reported to Senate by Senator Hatch under the authority of the order of Jan 30, 97 without amendment. With written report No. 105-3. Additional and minority views filed.
Placed on Senate Legislative Calendar under General Orders. 12.
Committee on Judiciary. Reported to Senate by Senator Hatch under the authority of the order of Jan 30, 97 without amendment. With written report No. 105-3. Additional and minority views filed.
Measure laid before Senate by unanimous consent. (consideration: CR S994-1015)
Considered by Senate. (consideration: CR S1057-1072, S1079-1099)
Considered by Senate. (consideration: CR S1119-1124, S1126-1130, S1140-1143)
Considered by Senate. (consideration: CR S1152-1187)
Considered by Senate. (consideration: CR S1203-1212, S1219-1223)
Considered by Senate. (consideration: CR S1255-1265, S1268-1296)
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Considered by Senate. (consideration: CR S1448-1468)
Considered by Senate. (consideration: CR S1495-1518, S1525-1547)
Considered by Senate. (consideration: CR S1593-1650)
Motion by Senator Bumpers to refer to Senate Committee on Budget with instructions to report back forthwith an amendment made in Senate.
Considered by Senate. (consideration: CR S1689-1726)
Motion by Senator Bumpers to refer to Senate Committee on Budget tabled in Senate by Yea-Nay Vote. 65-34. Record Vote No: 23.
Roll Call #23 (Senate)Considered by Senate. (consideration: CR S1847-1922)
Failed of passage/not agreed to in Senate: Failed of passage in Senate by Yea-Nay Vote. 66-34. Record Vote No: 24.
Roll Call #24 (Senate)Failed of passage in Senate by Yea-Nay Vote. 66-34. Record Vote No: 24.
Roll Call #24 (Senate)