There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/13/1978)

Constitutional Amendment - Provides that total appropriations shall not exceed estimated revenues. Authorizes the suspension of such prohibition in time of war or national emergency. Prohibits any increase in the national debt as it exists on the date this article is ratified. Sets forth a schedule for repayment of the national debt.