[Congressional Record Volume 140, Number 25 (Wednesday, March 9, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: March 9, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                               AMENDMENTS

  Under clause 6 of rule XXIII, proposed amendments were submitted as 
follows:

                             H.J. Res. 103

           By Mr. KYL:
     --Strike the resolving clause and insert the following: That 
     the following article is proposed as an amendment to the 
     Constitution of the United States, which shall be valid to 
     all intends 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 
     for ratification:

                              ``Article--

       ``Section 1. Except as provided in this article, outlays of 
     the United States Government for any fiscal year may not 
     exceed its receipts for that fiscal year.
       ``Sec. 2. Except as provided in this article, the outlays 
     of the United States Government for a fiscal year may not 
     exceed 19 percent of the Nation's gross national product for 
     the fiscal year.
       ``Sec. 3. The Congress may, by law, provide for suspension 
     of the effect of sections 1 or 2 of this article for any 
     fiscal year for which three-fifths of the whole number of 
     each House shall provide, by a rollcall vote, for a specific 
     excess of outlays over receipts or over 19 percent of the 
     Nation's gross national product.
       ``Sec. 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.
       ``Sec. 5. The President shall have power, when any Bill, 
     including any vote, resolution, or order, which contains any 
     item of spending authority, is presented to him pursuant to 
     section 7 of Article I of this Constitution, to separately 
     approve, reduce, or disapprove any spending provision, or 
     part of any spending provision, contained therein.
       ``When the President exercises this power, he shall signify 
     in writing such portions of the Bill he has approved and 
     which portions he has reduced. These portions, to the extent 
     not reduced, shall then become a law. The President shall 
     return with his objections any disapproved or reduced 
     portions of a Bill to the House in which the Bill originated. 
     The Congress shall separately reconsider each such returned 
     portion of the Bill in the manner prescribed for disapproved 
     Bills in section 7 of Article I of this Constitution. Any 
     portion of a Bill which shall not have been returned or 
     approved by the President within 10 days (Sundays excepted) 
     after it shall have been presented to him shall become a law, 
     unless the Congress by their adjournment prevent its return 
     in which case it shall not become law.
       ``Sec. 6. Items of spending authority are those portions of 
     a Bill that appropriate money from the Treasury or that 
     otherwise authorized or limit the withdrawal or obligation of 
     money from the Treasury. Such items shall include, without 
     being limited to, items of appropriations, spending 
     authorizations, authority to borrow money on the credit of 
     the United States or otherwise, dedications of revenues, 
     entitlements, uses of assets, insurance, guarantees of 
     borrowing, and any authority to incur obligations.
       ``Sec. 7. Sections 1, 2, 3, and 4 of this article shall 
     apply to the third fiscal year beginning after its 
     ratification and to subsequent fiscal years, but not to 
     fiscal years beginning before October 1, 1999. Sections 5 and 
     6 of this article shall take effect upon ratification of this 
     article.''.

                              S.J. Res. 56

           By Mr. MARKEY:
     --In the enacting clause, strike, ``April 12, 1993,'' and 
     insert ``April 11, 1994,''
     --Page 2, line 3, strike ``April 12, 1993,'' and insert 
     ``April 11, 1994,''