[Congressional Record Volume 141, Number 33 (Wednesday, February 22, 1995)]
[Senate]
[Pages S2970-S2973]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


[[Page S2970]]
                          AMENDMENTS SUBMITTED

                                 ______


                       BALANCED BUDGET AMENDMENT

                                 ______


                        CONRAD AMENDMENT NO. 297

  (Ordered to lie on the table.)
  Mr. CONRAD submitted an amendment intended to be proposed by him, to 
the joint resolution (H.J. Res. 1) proposing a balanced budget 
amendment to the Constitution of the United States; as follows:

       On page 2, strike line 18 and all that follows through line 
     25, and insert the following:
       ``Section 5. The Congress may waive the provisions of this 
     article for any fiscal year in which--
       ``(1) a declaration of war is in effect;
       ``(2) the United States is engaged in military conflict 
     which causes an imminent and serious military threat to 
     national security, and is so declared by a joint resolution, 
     adopted by a majority of the whole number of each House, 
     which becomes law; or
       ``(3) the United States suffers from a serious economic 
     recession that causes an imminent and serious threat to the 
     nation's economy and is so declared by a joint resolution 
     adopted by a majority of the whole number of each House, 
     which becomes law.
                                 ______


                        GRAHAM AMENDMENT NO. 298

  (Ordered to lie on the table.)
  Mr. GRAHAM submitted an amendment intended to be proposed by him to 
the joint resolution, House Joint Resolution 1, supra; as follows:

       On page 2, line 8, after ``increased,'' insert ``except for 
     increases in the limit on the debt of the United States held 
     by the public to reflect net redemptions from the Federal 
     Old-Age and Survivors Insurance Trust Fund and the Federal 
     Disability Insurance Trust Fund,''.
                                 ______


                      NUNN AMENDMENTS NOS. 299-300

  (Ordered to lie on the table.)
  Mr. NUNN submitted two amendments intended to be proposed by him to 
the joint resolution, House Joint Resolution 1, supra; as follows:
                           Amendment No. 299

       On page 2, strike lines 18 through 25 and insert the 
     following:
       ``Section 5. The provisions of this article shall not apply 
     to any fiscal year--
       ``(1) if at any time during that fiscal year the United 
     States is in a state of war declared by the Congress pursuant 
     to section 8 of article I of this Constitution; or
       ``(2) if, with respect to that fiscal year, the Senate and 
     the House of Representatives agree to a concurrent resolution 
     stating, in substance, that a national economic emergency 
     requires the suspension of the application of this article 
     for that fiscal year.

     In exercising its power under paragraph (2) of this section, 
     the Senate and House of Representatives shall take into 
     consideration the extent and rate of industrial activity, 
     unemployment, and inflation, and such other factors as they 
     deem appropriate.
                                                                    ____


                           Amendment No. 300

       On page 3, line 3, after the period insert ``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 judgment or such remedies 
     as are specifically authorized in implementing legislation 
     pursuant to this section.''.
                                 ______


                         BYRD AMENDMENT NO. 301

  (Ordered to lie on the table.)
  Mr. BYRD submitted an amendment intended to be proposed by him to the 
joint resolution, House Joint Resolution 1, supra; as follows:

       On page 3, line 8, strike ``principal.'' and insert 
     ``principal and those for law enforcement and the reduction 
     and prevention of violent crime.''.
                                 ______


                  LEAHY (AND OTHERS) AMENDMENT NO. 302

  (Ordered to lie on the table.)
  Mr. LEAHY (for himself, Mr. Daschle, and Mr. Bumpers) submitted an 
amendment intended to be proposed by him to the joint resolution, House 
Joint Resolution 1, supra; as follows:

       On page 1, lines 4 and 5, strike ``is proposed as an 
     amendment to the Constitution of the United States, which'' 
     and inserting ``shall be proposed as an amendment to the 
     Constitution of the United States and submitted to the States 
     for ratification upon the completion by the General 
     Accounting Office of a detailed analysis of the impact of the 
     article on the economy and budget of each State and''.
                                 ______


                   WELLSTONE AMENDMENTS NOS. 303-305

  (Ordered to lie on the table.)
  Mr. WELLSTONE submitted three amendments intended to be proposed by 
him to the joint resolution, House Joint Resolution 1, supra; as 
follows:

                           Amendment No. 303

       At the end of the article add the following:
       ``Section   . The provisions of this article may be waived 
     if a majority of the whole number of each House of Congress 
     determines that compliance with the first clause of Section 1 
     would result in significant reductions in assistance to 
     students who want an opportunity to attend college.''
                                                                    ____


                           Amendment No. 304

       At the end of the article, add the following:
       ``Section   . The provisions of this article may be waived 
     if a majority of the whole number of each House of Congress 
     determines that compliance with the first clause of Section 1 
     would result in an increase in the number of hungry or 
     homeless children.''
                                                                    ____

                           Amendment No. 305

       At the end of the article, add the following:
       ``Section   . The provisions of this article may be waived 
     if a majority of the whole number of each House of Congress 
     determines that compliance with the first clause of Section 1 
     would result in--
       ``(a) significant reductions in the quality of, or access 
     to, health care for veterans, or
       ``(b) significant reductions in compensation provided to 
     veterans for service-connected illnesses or injuries.''
                                 ______


               ROCKEFELLER (AND OTHERS) AMENDMENT NO. 306

  (Ordered to lie on the table.)
  Mr. ROCKEFELLER (for himself, Mr. Daschle, Mr. Akaka, and Mr. 
Wellstone) submitted an amendment intended to be proposed by them to 
the joint resolution, House Joint Resolution 1, supra; as follows:

       At the end of section 6, add the following: ``However, no 
     legislation to enforce or implement this Article may impair 
     any payment or other benefit based upon a death or disability 
     incurred in, or aggravated by, service in the Armed Forces if 
     such payment or other benefit was earned under a program 
     established before the ratification of this Article.''.
                                 ______


                        PRYOR AMENDMENT NO. 307

  (Ordered to lie on the table)
  Mr. PRYOR submitted an amendment intended to be proposed by him to 
the joint resolution, House Joint Resolution 1, supra; as follows:

       On page 3, between lines 8 and 9, insert the following:
       ``Sec. 8. It is the intent of Congress that each State 
     should, as a part of its ratification process, submit to 
     Congress recommendations for reductions in direct and 
     indirect Federal funds provided to the State and its 
     residents (based on the State's allocation of Federal funds) 
     necessary to balance the State's share of the Federal 
     deficit.
                                 ______


                FEINSTEIN (AND OTHERS) AMENDMENT NO. 308

  (Ordered to lie on the table.)
  Mrs. FEINSTEIN (for herself, Mr. Ford, Mr. Hollings, Mr. Bumpers, Ms. 
Mikulski, Mr. Kohl, Mr. McCain, Mr. Harkin, Mr. Daschle, Mr. Dorgan, 
and Mr. Graham) submitted an amendment intended to be proposed by them 
to the joint resolution, House Joint Resolution 1, supra; as follows:

       Strike all after 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 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 outlays for any fiscal year shall not 
     exceed total receipts for that fiscal year, unless three-
     fifths of the whole number of each House of Congress shall 
     provide by law for a specific excess of outlays over receipts 
     by a rollcall vote.
       ``Section 2. The limit on the debt of the United States 
     held by the public shall not be increased, unless three-
     fifths of the whole number of each House shall provide by law 
     for such an increase by a rollcall vote.
       ``Section 3. Prior to each fiscal year, the President shall 
     transmit to the Congress a proposed budget for the 
     United States Government for that fiscal year in 
     which total outlays do not exceed total receipts.
       ``Section 4. No bill to increase revenue shall become law 
     unless approved by a majority of the whole number of each 
     House by a rollcall vote.
       ``Section 5. The Congress may waive the provisions of this 
     article for any fiscal year in which a declaration of war is 
     in effect. 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 is so declared by a 
     joint resolution, adopted by a majority of the whole number 
     of each House, which becomes law.
       [[Page S2971]] ``Section 6. The Congress shall enforce and 
     implement this article by appropriate legislation, which may 
     rely on estimates of outlays and receipts.
       ``Section 7. Total receipts shall include all receipts of 
     the United States Government except those derived from 
     borrowing. Total outlays shall include all outlays of the 
     United States Government except for those for repayment of 
     debt principal. The receipts (including attributable 
     interest) and outlays of the Federal Old-Age and Survivors 
     Insurance Trust Fund and the Federal Disability Insurance 
     Trust Fund used to provide old age, survivors, and 
     disabilities benefits shall not be counted as receipts or 
     outlays for purposes of this article.
       ``Section 8. This article shall take effect beginning with 
     fiscal year 2002 or with the second fiscal year beginning 
     after its ratification, whichever is later.''.
                                 ______


                     LEVIN AMENDMENTS NOS. 309-311

  (Ordered to lie on the table.)
  Mr. LEVIN submitted three amendments intended to be proposed by him 
to the joint resolution, House Joint Resolution 1, supra; as follows:

                           Amendment No. 309

       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-forths of the several states within 
     seven years after the date of its submission to the States 
     for ratification:

                               Article --

       Section 1. Total outlays for any fiscal year shall not 
     exceed total receipts for that fiscal year, unless three-
     fifths of the whole number of each House of Congress shall 
     provide by law for a specific excess of outlays over receipts 
     by a rollcall vote.
       Section 2. The limit on the debt of the United States held 
     by the public shall not be increased, unless three-fifths of 
     the whole number of each House shall provide by law for such 
     an increase by a rollcall vote.
       Section 3. Prior to each fiscal year, the President shall 
     transmit to the Congress a proposed budget for the United 
     States Government for that fiscal year, in which the total 
     outlays do not exceed total receipts.
       Section 4. No bill to increase revenue shall become law 
     unless approved by a majority of the whole number of each 
     House by a rollcall vote.
       Section 5. The Congress may waive the provisions of this 
     article for any fiscal year in which a declaration of war is 
     in effect. 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, or if pursuant to the 
     legislation referred to in Section 6 the Congress determines 
     an economic emergency exists, and is so declared by a joint 
     resolution, adopted by a majority of the whole number of each 
     House, which becomes law.
       Section 6. The Congress shall enforce and implement this 
     article by appropriate legislation, which may rely on 
     estimates of outlays and receipts. No court shall have the 
     power to order relief pursuant to any case or controversy 
     arising under this article, except as may be specifically 
     authorized in implementing legislation pursuant to this 
     section.
       Section 7. Total receipts shall include all receipts of the 
     United States Government except those derived from borrowing. 
     Total outlays shall include all outlays of the United States 
     Government except those for repayment of debt principal. The 
     receipts (including attributable interest) and outlays of the 
     Federal Old-Age and Survivors Insurance Trust Fund and the 
     Federal Disability Insurance Trust Fund used to provide old 
     age, survivors and disabilities benefits shall not be counted 
     as receipts or outlays for purposes of this article.
       Section 8. Nothing in this article shall authorize the 
     President to impound funds appropriated by Congress by law, 
     or to impose taxes, duties, or fees.
       Section 9. This article shall take effect beginning with 
     fiscal year 2002 or with the second fiscal year beginning 
     after its ratification, whichever is later.''
                                                                    ____

                           Amendment No. 310

       On page 2, line 17, after ``roll call vote'', insert 
     ``except that if the whole number of the Senate is equally 
     divided, the Vice President shall have a vote''.
       On page 2, line 25, after ``of each House'', insert ``, 
     except that if the whole number of the Senate is equally 
     divided, the Vice President shall have a vote, ''.
                                                                    ____


                           Amendment No. 311

       On page 2, line 17, after ``roll call vote'', insert 
     ``except that if the whole number of the Senate is equally 
     divided, the Vice President shall have no vote''.
       On page 2, line 25, after ``of each House'', insert ``, 
     except that if the whole number of the Senate is equally 
     divided, the Vice President shall have no vote, ''.
                                 ______


                    DASCHLE AMENDMENTS NOS. 312-313

  (Ordered to lie on the table.)
  Mr. DASCHLE submitted two amendments intended to be proposed by him 
to the joint resolution, House Joint Resolution 1, supra; as follows:

                           Amendment No. 312

       Strike all after 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 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. The 
     article shall be submitted to the States upon the adoption of 
     a concurrent resolution as described in section 9 of the 
     article. The article is as follows:

                              ``Article --

       ``Section 1. Upon the adoption by the Congress of a 
     concurrent resolution on the budget establishing a budget 
     plan to balance the budget as required by this article, and 
     containing the matter required by section 9, total outlays 
     for any fiscal year shall not exceed total receipts for that 
     fiscal year, unless three-fifths of the whole number of each 
     House of Congress shall provide by law for a specific excess 
     of outlays over receipts by a rollcall vote.
       ``Section 2. The limit on the debt of the United States 
     held by the public shall not be increased, unless three-
     fifths of the whole number of each House shall provide by law 
     for such an increase by a rollcall vote.
       ``Section 3. Prior to each fiscal year, the President shall 
     transmit to the Congress a proposed budget for the United 
     States Government for that fiscal year in which total outlays 
     do not exceed total receipts.
       ``Section 4. No bill to increase revenue shall become law 
     unless approved by a majority of the whole number of each 
     House by a rollcall vote.
       ``Section 5. The Congress may waive the provisions of this 
     article for any fiscal year in which a declaration of war is 
     in effect. 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 is so declared by a 
     joint resolution, adopted by a majority of the whole number 
     of each House, which becomes law.
       ``Section 6. The Congress shall enforce and implement this 
     article by appropriate legislation, which may rely on 
     estimates of outlays and receipts.
       ``Section 7. Total receipts shall include all receipts of 
     the United States Government except those derived from 
     borrowing. Total outlays shall include all outlays of the 
     United States Government except for those for repayment of 
     debt principal. The receipts (including attributable 
     interest) and outlays of the Federal Old-Age and Survivors 
     Insurance Trust Fund and the Federal Disability Insurance 
     Trust Fund used to provide old age, survivors, and 
     disabilities benefits shall not be counted as receipts or 
     outlays for purposes of this article.
       ``Section 8. This article shall take effect beginning with 
     fiscal year 2002 or with the second fiscal year beginning 
     after its ratification, whichever is later.
       ``Section 9. (a) In order to carry out the purposes of this 
     article, the Congress shall adopt a concurrent resolution 
     setting forth a budget plan to achieve a balanced budget 
     (that complies with this article) not later than the first 
     fiscal year required by this article as follows:
       ``(1) a budget for each fiscal year beginning with fiscal 
     year 1996 and ending with that first fiscal year (required by 
     this article) containing--
       ``(A) aggregate levels of new budget authority, outlays, 
     revenues, and the deficit or surplus;
       ``(B) totals of new budget authority and outlays for each 
     major functional category;
       ``(C) new budget authority and outlays, on an account-by-
     account basis, for each account with actual outlays or 
     offsetting receipts of at least $100,000,000 in fiscal year 
     1994; and
       ``(D) an allocation of Federal revenues among the major 
     sources of such revenues;
       ``(2) a detailed list and description of changes in Federal 
     law (including laws authorizing appropriations or direct 
     spending and tax laws) required to carry out the plan and the 
     effective date of each such change; and
       ``(3) reconciliation directives to the appropriate 
     committees of the House of Representatives and Senate 
     instructing them to submit legislative changes to the 
     Committee on the Budget of the House or Senate, as the case 
     may be, to implement the plan set forth in the concurrent 
     resolution.
       ``(b) The directives required by subsection (a)(3) shall be 
     deemed to be directives within the meaning of section 310(a) 
     of the Congressional Budget Act of 1974. Upon receiving all 
     legislative submissions from committees under subsection 
     (a)(3), each Committee on the Budget shall combine all such 
     submissions (without substantive revision) into an omnibus 
     reconciliation bill and report that bill to its House. The 
     procedures set forth in section 310 shall govern the 
     consideration of that reconciliation bill in the House of 
     Representatives and the Senate.
       ``(c) The budget plan described in subsection (a) shall be 
     based upon Congressional Budget Office economic and technical 
     assumptions and estimates of the spending and revenue effects 
     of the legislative changes described in subsection (a)(2).''.

[[Page S2972]]

     
                                                                    ____
                           Amendment No. 313

       Strike all after 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 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. The 
     article shall be submitted to the States upon the adoption of 
     a concurrent resolution as described in section 10 of the 
     article. The article is as follows:
                              ``Article --

       ``Section 1. Upon the adoption by the Congress of a 
     concurrent resolution on the budget establishing a budget 
     plan to balance the budget as required by this article, and 
     containing the matter required by section 10, total outlays 
     for any fiscal year shall not exceed total receipts for that 
     fiscal year, unless three-fifths of the whole number of each 
     House of Congress shall provide by law for a specific excess 
     of outlays over receipts by a rollcall vote.
       ``Section 2. The limit on the debt of the United States 
     held by the public shall not be increased, unless three-
     fifths of the whole number of each House shall provide by law 
     for such an increase by a rollcall vote.
       ``Section 3. Prior to each fiscal year, the President shall 
     transmit to the Congress a proposed budget for the United 
     States Government for that fiscal year in which total outlays 
     do not exceed total receipts.
       ``Section 4. No bill to increase revenue shall become law 
     unless approved by a majority of the whole number of each 
     House by a rollcall vote.
       ``Section 5. The Congress may waive the provisions of this 
     article for any fiscal year in which a declaration of war is 
     in effect. 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 is so declared by a 
     joint resolution, which becomes law, or if pursuant to the 
     legislation referred to in Section 6 the Congress determines 
     an economic emergency exists, and is so declared by a joint 
     resolution adopted by a majority of the whole number of each 
     House, which becomes law.
       ``Section 6. The Congress shall enforce and implement this 
     article by appropriate legislation, which may rely on 
     estimates of outlays and receipts. No court shall have the 
     power to order relief pursuant to any case or controversy 
     arising under this article, except as may be specifically 
     authorized in implementing legislation pursuant to this 
     section.
       ``Section 7. Total receipts shall include all receipts of 
     the United States Government except those derived from 
     borrowing. Total outlays shall include all outlays of the 
     United States Government except for those for repayment of 
     debt principal and those dedicated to a capital budget.
       ``The capital budget shall include only major public 
     physical capital investments. For each fiscal year, the 
     capital budget shall not exceed an amount equal to 10 percent 
     of the total outlays for that year which amount shall not be 
     counted for purposes of section 2. Three-fifths of each House 
     may provide by law for a capital budget in excess of 10 
     percent for a fiscal year.
       ``The receipts (including attributable interest) and 
     outlays of the Federal Old-Age and Survivors Insurance Trust 
     Fund and the Federal Disability Insurance Trust Fund used to 
     provide old age, survivors, and disabilities benefits shall 
     not be counted as receipts or outlays for purposes of this 
     article.
       ``Section 8. Nothing in this article shall authorize the 
     President to impound funds appropriated by Congress by law, 
     or to impose taxes, duties, or fees.
       ``Section 9. This article shall take effect beginning with 
     fiscal year 2002 or with the second fiscal year beginning 
     after its ratification, whichever is later.
       ``Section 10. (a) In order to carry out the purposes of 
     this article, the Congress shall adopt a concurrent 
     resolution setting forth a budget plan to achieve a balanced 
     budget (that complies with this article) not later than the 
     first fiscal year required by this article as follows:
       ``(1) a budget for each fiscal year beginning with fiscal 
     year 1996 and ending with that first fiscal year (required by 
     this article) containing--
       ``(A) aggregate levels of new budget authority, outlays, 
     revenues, and the deficit or surplus;
       ``(B) totals of new budget authority and outlays for each 
     major functional category;
       ``(C) new budget authority and outlays, on an account-by-
     account basis, for each account with actual outlays or 
     offsetting receipts of at least $100,000,000 in fiscal year 
     1994; and
       ``(D) an allocation of Federal revenues among the major 
     sources of such revenues;
       ``(2) a detailed list and description of changes in Federal 
     law (including laws authorizing appropriations or direct 
     spending and tax laws) required to carry out the plan and the 
     effective date of each such change; and
       ``(3) reconciliation directives to the appropriate 
     committees of the House of Representatives and Senate 
     instructing them to submit legislative changes to the 
     Committee on the Budget of the House or Senate, as the case 
     may be, to implement the plan set forth in the concurrent 
     resolution.
       ``(b) The directives required by subsection (a)(3) shall be 
     deemed to be directives within the meaning of section 310(a) 
     of the Congressional Budget Act of 1974. Upon receiving all 
     legislative submissions from committees under subsection 
     (a)(3), each Committee on the Budget shall combine all such 
     submissions (without substantive revision) into an omnibus 
     reconciliation bill and report that bill to its House. The 
     procedures set forth in section 310 shall govern the 
     consideration of that reconciliation bill in the House of 
     Representatives and the Senate.
       ``(c) The budget plan described in subsection (a) shall be 
     based upon Congressional Budget Office economic and technical 
     assumptions and estimates of the spending and revenue effects 
     of the legislative changes described in subsection (a)(2).''.
                                 ______


                        KERRY AMENDMENT NO. 314

  (Ordered to lie on the table.)
  Mr. KERRY submitted an amendment intended to be proposed by him to 
the joint resolution, House Joint Resolution 1, supra; as follows:

       On page 2, beginning on line 3, strike ``year, unless'' and 
     all that follows through line 11 on page 3, and insert the 
     following: ``year, unless three-fifths of the whole number of 
     each House of Congress shall provide by law for a specific 
     excess of outlays over receipts by a rollcall vote.
       ``Section 2. The limit on the debt of the United States 
     held by the public shall not be increased unless three-fifths 
     of the whole number of each House shall provide by law for 
     such an increase by a rollcall vote.
       ``Section 3. Prior to each fiscal year, the President shall 
     transmit to the Congress a proposed budget for the United 
     States Government for that fiscal year, in which total 
     outlays do not exceed total receipts.
       ``Section 4. The Congress may waive the provisions of this 
     article for any fiscal year in which a declaration of war is 
     in effect. 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 is so declared by a 
     joint resolution, adopted by a majority of the whole number 
     of each House, which becomes law.
       ``Section 5. The provisions of this article may be waived 
     for any fiscal year during which the United States 
     experiences serious economic distress or a natural or manmade 
     disaster the injurious effects of which are likely to be 
     exacerbated by adherence to this article, and is so declared 
     by a joint resolution, adopted by a majority of the whole 
     number of each House, which becomes law.
       ``Section 6. The Congress shall enforce and implement this 
     article by appropriate legislation, which may rely on 
     estimates of outlays and receipts.
       ``Section 7. Total receipts shall include all receipts of 
     the United States Government except those derived from 
     borrowing. Total outlays shall include all outlays of the 
     United States Government except for those for 
     repayment of debt principal.
       ``Section 8. This article shall take effect beginning with 
     fiscal year 2002 or with the second fiscal year beginning 
     after its ratification, whichever is later.''.
                                 ______


                       HOLLINGS AMENDMENT NO. 315

  (Ordered to lie on the table.)
  Mr. HOLLINGS submitted an amendment intended to be proposed by him to 
the joint resolution, House Joint Resolution 1, supra; as follows:

       Strike all after 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 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 outlays for any fiscal year shall not 
     exceed total receipts for that fiscal year, unless three-
     fifths of the whole number of each House of Congress shall 
     provide by law for a specific excess of outlays over receipts 
     by a rollcall vote.
       ``Section 2. The limit on the debt of the United States 
     held by the public shall not be increased, unless three-
     fifths of the whole number of each House shall provide by law 
     for such an increase by a rollcall vote.
       ``Section 3. Prior to each fiscal year, the President shall 
     transmit to the Congress a proposed budget for the 
     United States Government for that fiscal year in 
     which total outlays do not exceed total receipts.
       ``Section 4. No bill to increase revenue shall become law 
     unless approved by a majority of the whole number of each 
     House by a rollcall vote.
       ``Section 5. The Congress may waive the provisions of this 
     article for any fiscal year in which a declaration of war is 
     in effect. 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 is so declared by a 
     joint resolution, adopted by a majority of the whole number 
     of each House, which becomes law.
       [[Page S2973]] ``Section 6. The Congress shall enforce and 
     implement this article by appropriate legislation, which may 
     rely on estimates of outlays and receipts.
       ``Section 7. Total outlays shall include all outlays of the 
     United States Government except for those for repayment of 
     debt principal and those dedicated to a capital budget. The 
     capital budget shall include only major public physical 
     capital investments. For each fiscal year, outlays dedicated 
     to the capital budget shall not exceed an amount equal to 10 
     percent of the total outlays for that year, which amount 
     shall not be counted for purposes of section 2. Three-fifths 
     of each House may provide by law for capital budget outlays 
     in excess of 10 percent for a fiscal year.
       ``Total receipts shall include all receipts of the United 
     States Government except those derived from borrowing and the 
     disposition of major public physical capital assets.
       ``Section 8. The receipts (including attributable interest) 
     and outlays of the Federal Old-Age and Survivors Insurance 
     Trust Fund and the Federal Disability Insurance Trust Fund 
     used to provide old age, survivors, and disabilities benefits 
     shall not be counted as receipts or outlays for purposes of 
     this article.
         ``Section 9. This article shall take effect beginning 
     with fiscal year 2002 or with the second fiscal year 
     beginning after its ratification, whichever is later.''.
     

                          ____________________