Constitutional Amendment - Prohibits the total appropriations of Congress from exceeding estimated revenues. Authorizes the suspension of such prohibition in time of war or national emergency. Prohibits any increase in the national debt as it exists on the date this article is ratified. Sets forth a schedule for repayment of the national debt.
Considered by House Failed to Receive Two-thirds Vote Necessary for Constitutional Amendment.
For Further Action See H.J.Res.2.
For Further Action See H.J.Res.2.
For Further Action See H.J.Res.2.
For Further Action See H.J.Res.2.
For Further Action See H.J.Res.2.
For Further Action See H.J.Res.2.
Introduced in House
Introduced in House
Referred to House Committee on The Judiciary.
Referred to Subcommittee on Monopolies and Commercial Law.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
See H.J.Res.350.
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