H.R. 78 — Proposing an amendment to the Constitution to provide for a balanced budget for the United States Government and for greater accountability in the enactment of tax legislation.

Summary

Constitutional Amendment - Provides for agreement each fiscal year between Congress and the President on an estimate of total receipts. Prohibits outlays for such year from exceeding such amount unless authorized by a specific congressional vote.

Provides by law for repayment in the ensuing fiscal year whenever actual outlays exceed actual receipts for any fiscal year.

Requires a three-fifths roll call vote of each House to increase the public debt.

Directs the President to submit a balanced budget to Congress.

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Legislative Actions

2001-01-03
Introduced in House
2001-01-03
Introduced in House
2001-01-03
Sponsor introductory remarks on measure. (CR E3)
2001-01-03
Referred to the House Committee on the Judiciary.
2001-02-12
Referred to the Subcommittee on the Constitution.

Proposing an amendment to the Constitution to provide for a balanced budget for the United States Government and for greater accountability in the enactment of tax legislation.

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Summary

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Legislative Actions

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