SJRES 2
101th Congress
Senate
Economics and Public Finance
Balanced budgets
Budget deficits
Congressional budget
Constitutional amendments
Deficit financing
Federal budgets
Federal receipts and expenditures
A joint resolution proposing an amendment to the Constitution relating to a Federal balanced budget and tax limitation.
Introduced: January 25, 1989
See on congress.gov
Everywhere this bill has been
5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 27, 1989
Subcommittee on Constitution. Subcommittee included provisions into S.J. Res. 183.
Jul 27, 1989
Subcommittee on Constitution. Hearings held.
Jan 31, 1989
Referred to Subcommittee on Constitution.
Jan 25, 1989
Read twice and referred to the Committee on Judiciary.
Jan 25, 1989
Introduced in Senate
Plain-English summary
Constitutional Amendment - Requires the Congress, prior to each fiscal year, to adopt a statement in which total Federal outlays do not exceed total receipts, unless the Congress authorizes a specific excess by a three-fifths vote of both Houses. Limits the rate of increase in receipts in the statement to that of the increase in national income in the previous fiscal year, unless law is enacted solely to approve specific additional receipts.
Authorizes a waiver of these provisions when a declaration of war is in effect.
What's happening now
Subcommittee on Constitution. Subcommittee included provisions into S.J. Res. 183.
Committees of jurisdiction
2
Cosponsors
1