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.

[AI summary unavailable — showing source text] 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.…