[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.J. Res. 57 Introduced in House (IH)]

103d CONGRESS
  1st Session
H. J. RES. 57

    Proposing an amendment to the Constitution of the United States 
providing that, except in cases of national emergency, expenditures of 
the United States Government shall not exceed its revenues, nor exceed 
     20 percent of the gross national product, in any fiscal year.


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                    IN THE HOUSE OF REPRESENTATIVES

                            January 5, 1993

 Mr. Neal of North Carolina introduced the following joint resolution; 
          which was referred to the Committee on the Judiciary

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                            JOINT RESOLUTION


 
    Proposing an amendment to the Constitution of the United States 
providing that, except in cases of national emergency, expenditures of 
the United States Government shall not exceed its revenues, nor exceed 
     20 percent of the gross national product, in any fiscal year.

    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, to be valid only if 
ratified by the legislatures of three-fourths of the several States 
within seven years after the date of the final passage of this joint 
resolution:

                              ``Article--

    ``Section 1. Except in cases of national emergency, as determined 
by a three-fifths vote by each House of the Congress, expenditures of 
the United States Government shall not exceed its revenues, nor exceed 
20 percent of the gross national product, in any fiscal year.
    ``Section 2. The Congress shall have the power to enforce this 
article by appropriate legislation.''.

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