SJR 023 | Proposes federal balanced budget constitutional amendment |
Sponsor: | FLOTRON | ||
Committee: | LR Number: | S1519.01I | |
Last Action: | 02/09/95 - S First Read | ||
Title: | |||
Effective Date: | Indefinite | ||
SJR 23 - This resolution contains the proposal for requiring
a federal balanced budget. Federal outlays cannot exceed
receipts in any fiscal year and the debt limit cannot be
increased without a vote of three-fifths of the members of both
houses of Congress. The provisions of the amendment may be
waived for any year in which there is a declaration of war in
effect.
DAVID VALENTINE