101st Congress > House > Vote 593
Clerk session vote number: 238
Description: BALANCED BUDGET CONSTITUTIONAL AMENDMENT
Bill summary: Constitutional Amendment - Requires the Congress and the President, prior to each fiscal year, to establish an estimate of total receipts (except those derived from borrowing) for that fiscal year by enactment of a law devoted solely to that subject. Prohibits outlays for that year (except those for repayment of debt principal) from exceeding this amount unless the Congress, by a three-fifths roll call vote of each House, shall provide for a specific excess of outlays over estimated
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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 the total membership of each House by roll call vote before any bill to increase revenue may become law.
Waives these provisions when a declaration of war is in effect.
Makes this article effective beginning with FY 1995 or with the second fiscal year after its ratification, whichever is later.
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Bill titles: 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.
Original source documents: Digest of the Congressional Record vol. 136, p. 4870;
Links for more info on the vote: congress.gov
