Summary: H.J.Res.167 — 103rd Congress (1993-1994)All Information (Except Text)

There is one summary for H.J.Res.167. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (03/30/1993)

Constitutional Amendment - Prohibits fiscal year Federal outlays (except those for repayment of debt principal) from exceeding receipts (except those derived from borrowing), unless the Congress authorizes a specific excess by a three-fifths vote of both Houses.

Permits any bill for raising taxes to become law only if a majority of the whole number of both Houses of Congress approves it by roll call vote.

Authorizes a waiver of these provisions when a declaration of war is in effect.

Prohibits an increase in the public debt limit unless three-fifths of both Houses provide by law for such an increase by a roll call vote.