A joint resolution proposing an amendment to the Constitution of the United States to provide that appropriations made by the United States shall not exceed its revenues, except in national emergency.

[AI summary unavailable — showing source text] Constitutional Amendment - Prohibits total Federal appropriations from exceeding estimated Federal revenues, excluding revenues derived from borrowing, in any fiscal year. Suspends such prohibition upon the concurrence of two-thirds of the Members of both Houses of Congress with a Presidential proclamation of national emergency.…