H.J.Res.79 - Proposing an amendment to the Constitution of the United States to control spending.111th Congress (2009-2010)
|Sponsor:||Rep. Hensarling, Jeb [R-TX-5] (Introduced 03/03/2010)|
|Committees:||House - Judiciary|
|Latest Action:||06/15/2010 Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.|
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.79 — 111th Congress (2009-2010)All Bill Information (Except Text)
Introduced in House (03/03/2010)
Constitutional Amendment - Prohibits annual federal outlays for a fiscal year (except those for repayment of debt principal) from exceeding one-fifth of economic output of the United States of America, unless two-thirds of each chamber provides for a specific increase of outlays above this amount.
Authorizes waiver of this article when a declaration of war is in effect.