Summary: H.J.Res.267 — 99th Congress (1985-1986)All Information (Except Text)

There is one summary for H.J.Res.267. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/29/1985)

Constitutional Amendment - Prohibits the Congress from providing for aggregate expenditures exceeding aggregate receipts for any fiscal period. Authorizes the suspension of such prohibition in time of war or national emergency. Provides for the phased implementation of such prohibition over five fiscal periods.