Proposing an amendment to the Constitution of the United States to provide that expenditures for a fiscal year shall neither exceed revenues for such fiscal year nor 19 per centum of the Nation's…
Official title: Proposing an amendment to the Constitution of the United States to provide that expenditures for a fiscal year shall neither exceed revenues for such fiscal ye… Show full official titleShow less
Official title: Proposing an amendment to the Constitution of the United States to provide that expenditures for a fiscal year shall neither exceed revenues for such fiscal year nor 19 per centum of the Nation's gross national product for the last calendar year ending before the beginning of such fiscal year.
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See H.J.Res.103.
Constitutional Amendment - Prohibits in any fiscal year total Federal outlays from exceeding total receipts and Federal outlays from exceeding 19 percent of the Nation's gross national product. Allows such prohibitions to be suspended by a three-fifths roll call vote of each House of Congress.
Grants the President the authority to separately approve, reduce, or disapprove any spending provision of a bill.
- Introduced in House Formatted Text PDF
Cite this page
U.S. Congress. (2026). H.J. Res. 61: Proposing an amendment to the Constitution of the United States to provide that expenditures for a fiscal year shall neither exceed revenues for such fiscal year nor 19 per centum of the Nation's gross national product for the last calendar year ending before the beginning of such fiscal year.. 103rd Congress. Open America. https://openamerica.io/bill/103-HJRES-61/
"H.J. Res. 61: Proposing an amendment to the Constitution of the United States to provide that expenditures for a fiscal year shall neither exceed revenues for such fiscal year nor 19 per centum of the Nation's gross national product for the last calendar year ending before the beginning of such fiscal year.." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-HJRES-61/.
H.J. Res. 61, 103rd Cong. (2026), https://openamerica.io/bill/103-HJRES-61/.
[H.J. Res. 61: Proposing an amendment to the Constitution of the United States to provide that expenditures for a fiscal year shall neither exceed revenues for such fiscal year nor 19 per centum of the Nation's gross national product for the last calendar year ending before the beginning of such fiscal year.](https://openamerica.io/bill/103-HJRES-61/)