HJRES.38 - Proposing A Balanced Budget Amendment To The Constitution Of The United States.

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4/12/2013--Introduced. Constitutional Amendment - Prohibits total outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths rollcall vote of each chamber, authorizes a specific excess of outlays over receipts. Requires a three-fifths rollcall vote of each chamber to increase the public debt limit. Directs the President to submit a balanced budget to Congress annually. Prohibits any bill to increase revenue from becoming law unless approved by a majority of each chamber by rollcall vote. Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.

Referred To The Subcommittee On The Constitution And Civil Justice.
April 30th 2013 @ 12:00 AM

Referred To The House Committee On The Judiciary.
April 12th 2013 @ 12:00 AM

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