[Congressional Record Volume 140, Number 17 (Thursday, February 24, 1994)]
[Senate]
[Page S]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: February 24, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                          AMENDMENTS SUBMITTED

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                BALANCED BUDGET CONSTITUTIONAL AMENDMENT

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                      DANFORTH AMENDMENT NO. 1470

  (Ordered to lie on the table.)
  Mr. DANFORTH submitted an amendment intended to be proposed by him to 
the joint resolution (S.J. Res. 41) proposing an amendment to the 
Constitution of the United States to require a balanced budget; as 
follows:

       On page 3, line   , at the end of Section 6 add the 
     following:
       The power of any court to order relief pursuant to any case 
     or controversy arising under this article shall not extend to 
     ordering any remedies other than a declaratory judgement or 
     such remedies as are specifically authorized in implementing 
     legislation pursuant to this section.
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                  REID (AND OTHERS) AMENDMENT NO. 1471

  Mr. REID (for himself, Mr. Ford, and Mrs. Feinstein) proposed an 
amendment to the joint resolution, Senate Joint Resolution 41, supra; 
as follows:

       Strike all after ``Assembled'' and insert the following:

     (two-thirds of each House concurring therein), That the 
     following article is proposed as an amendment to the 
     Constitution, which shall be valid to all intents and 
     purposes as part of the Constitution when ratified by the 
     legislatures of three-fourths of the several States within 
     seven years after the date of its submission to the States 
     for ratification:


                                article

       ``Section 1. Total estimated outlays of the operating funds 
     of the United States for any fiscal year shall not exceed 
     total estimated receipts to those funds for that fiscal year, 
     unless Congress by concurrent resolution approves a specific 
     excess of outlays over receipts by three-fifths of the whole 
     number of each House on a roll-call vote.
       ``Section 2. Not later than the first Monday in February in 
     each calendar year, the President shall transmit to the 
     Congress a proposed budget for the United States Government 
     for the fiscal year beginning in that calendar year in which 
     total estimated outlays of the operating funds of the United 
     States for that fiscal year shall not exceed total estimated 
     receipts to those funds for that fiscal year.
       ``Section 3. This article shall be suspended for any fiscal 
     year and the first fiscal year thereafter if a declaration of 
     war is in effect or if the Director of the Congressional 
     Budget Office, or any successor, estimates that real economic 
     growth has been or will be less than one percent for two 
     consecutive quarters during the period of those two fiscal 
     years. The provisions of this article may be waived for any 
     fiscal year in which the United States is engaged in military 
     conflict which causes an imminent and serious military threat 
     to national security and it is so declared by a joint 
     resolution, adopted by a majority of the whole number of each 
     House of Congress, that becomes law.
       ``Section 4. Total estimated receipts of the operating 
     funds shall exclude those derived from net borrowing. Total 
     estimated outlays of the operating funds of the United States 
     shall exclude those for repayment of debt principal; and for 
     capital investments. The receipts (including attributable 
     interest) and outlays of the Federal Old-Age and Survivors 
     Insurance Trust Fund and the Federal Disability Insurance 
     Trust Fund shall not be counted as receipts or outlays for 
     purposes of this article.
       ``Section 5. This article shall be enforced only in 
     accordance with appropriate legislation enacted by Congress. 
     The Congress may, by appropriate legislation, delegate to an 
     officer of Congress the power to order uniform cuts.
       ``Section 6. Sections 5 and 6 of this article shall take 
     effect upon ratification. All other sections of this article 
     shall take effect beginning with fiscal year 2001 or the 
     second fiscal year beginning after its ratification, 
     whichever is later.''.

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