H.J.Res.8 - Proposing a balanced budget amendment to the Constitution of the United States.107th Congress (2001-2002)
|Sponsor:||Rep. Jenkins, William L. [R-TN-1] (Introduced 01/31/2001)|
|Committees:||House - Judiciary|
|Latest Action:||01/31/2001 Referred to the House Committee on the Judiciary.|
This bill has the status Introduced
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Subject — Policy Area:
- Economics and Public Finance
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Summary: H.J.Res.8 — 107th Congress (2001-2002)All Bill Information (Except Text)
Constitutional Amendment - Prohibits Federal expenditures (except those for repayment of debt principal) from exceeding revenues (except those derived from borrowing) for any fiscal year unless three-fifths of the whole number of each House of Congress provides for a specific excess of expenditures over revenues by a rollcall vote.
Introduced in House (01/31/2001)
Authorizes Congress to waive such prohibition when a declaration of war is in effect or under other specified circumstances involving military conflict.