Congress 107 - HR 78 - Proposing an amendment to the Constitution to provide for a balanced budget for the United States Government and for greater accountability in the enactment of tax legislation.

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Topics

Balanced budgets Budget deficits Congress Congressional budget Congressional voting Constitutional amendments Debt limit Economics and Public Finance Federal budgets Government Operations and Politics Income tax Law Legislation Legislative resolutions Record votes Tax rates Taxation

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Summary

Constitutional Amendment - Provides for agreement each fiscal year between Congress and the President on an estimate of total receipts. Prohibits outlays for such year from exceeding such amount unless authorized by a specific congressional vote.

Provides by law for repayment in the ensuing fiscal year whenever actual outlays exceed actual receipts for any fiscal year.

Requires a three-fifths roll call vote of each House to increase the public debt.

Directs the President to submit a balanced budget to Congress.

Actions

Feb 12, 2001

Referred to the Subcommittee on the Constitution.
Jan 3, 2001

Referred to the House Committee on the Judiciary.
Jan 3, 2001

Sponsor introductory remarks on measure. (CR E3)
Jan 3, 2001

Introduced in House

Amendments

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