[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.J. Res. 273 Introduced in House (IH)]

103d CONGRESS
  1st Session
H. J. RES. 273

 Proposing an amendment to the Constitution relating to Federal budget 
                              procedures.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 6, 1993

   Mr. Volkmer introduced the following joint resolution; which was 
               referred to the Committee on the Judiciary

_______________________________________________________________________

                            JOINT RESOLUTION


 
 Proposing an amendment to the Constitution relating to Federal budget 
                              procedures.

    Resolved by the Senate and House of Representatives of the United 
States of America in Congress assembled, (two-thirds of each House 
concurring therein), That the following article is proposed as an 
amendment to the Constitution of the United States, which shall be 
valid to all intents and purposes as part of the Constitution if 
ratified by the legislatures of three-fourths of the several States 
within ten years after its submission to the States for ratification.

                              ``Article--

    ``Section 1. Prior to each fiscal year, the Congress shall adopt a 
statement of receipts and outlays for that year in which total outlays 
are not greater than total receipts. The Congress may amend such 
statement provided revised outlays are no greater than revised 
receipts. Whenever three-fifths of the whole number of both Houses 
shall deem it necessary, Congress in such statement may provide for a 
specific excess of outlays over receipts by a vote directed solely to 
that subject. The Congress and the President shall, pursuant to 
legislation or through exercise of their powers under the first and 
second articles, ensure that actual outlays do not exceed the outlays 
set forth in such statement.
    ``Section 2. Total receipts for any fiscal year set forth in the 
statement adopted pursuant to this article shall not increase by a rate 
greater than the rate of increase in national income in the year or 
years ending not less than six months nor more than twelve months 
before such fiscal year, unless a majority of the whole number of both 
Houses of Congress shall have passed a bill directed solely to 
approving specific additional receipts and such bill has become law.
    ``Section 3. The Congress may waive the provisions of this article 
for any fiscal year in which a declaration of war is in effect.
    ``Section 4. Total receipts shall include all receipts of the 
United States except those derived from borrowing and total outlays 
shall include all outlays of the United States except those for 
repayment of debt principal.
    ``Section 5. This article shall take effect for the second fiscal 
year beginning after its ratification.
    ``Section 6. The Congress shall enforce and implement this article 
by appropriate legislation.''.

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