SJRES 1 · 97th Congress · Economics and Public Finance
A joint resolution to require the Federal Government to end deficit financing.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Subcommittee on Constitution.(1981-02-05)
Plain Language Summary
[AI summary unavailable — showing source text]
Constitutional Amendment - Requires the President to review Government revenues and expenditures at specified times and to determine a surtax rate when expenditures exceed revenues to insure that receipts will equal outlays. Authorizes the suspension of such measures in the case of a grave national emergency declared by Congress.…
Summarized by Claude AI · Non-partisan · For informational purposes only