,,ia  #aacth ,,congress  #ast ,session  
,h4 ,j4 ,,res4 #ag  ,,in ,,the ,,house  
,,of ,,representatives  ,january #ae1   
#bjac ,mrs4 ,roby introduced the        
following joint resolution2 which was   
referred to the ,committee on the       
,judiciary  ,,joint ,,resolution        
,proposing an amendment to the          
,constitution of the ,united ,states    
which requires 7except during time of   
war and subject to suspension by        
,congress7 that the total amount of     
money expended by the ,united ,states   
during any fiscal year not exceed the   
amount of certain revenue received by   
the ,united ,states during such fiscal  
year and not exceed #bj percent of the  
gross domestic product of the ,united   
,states during the previous calendar    
year4  ,that the following article is   
proposed as an amendment to the         
,constitution of the ,united ,states1   
which shall be valid to all intents and 
purposes as part of the ,constitution   
when ratified by the legislatures of    

three-fourths of the several ,states    
within seven years after the date of its
 submission by the ,congress3   --  #a4 
,the total amount of money expended by  
the ,united ,states in any fiscal year  
shall not exceed the total amount of    
revenue received by the ,united ,states 
during such fiscal year1 except revenue 
received from the issuance of bonds1    
notes1 or other obligations of the      
,united ,states4  #b4 ,the total amount 
of money expended by the ,united ,states
 in any fiscal year shall not exceed the
 amount equal to #bj percent of the     
gross domestic product of the ,united   
,states during the last calendar year   
ending before the beginning of such     
fiscal year4  #c4 ,prior to each fiscal 
year1 the ,president shall transmit to  
,congress a proposed budget for the     
,united ,states for that fiscal year in 
which total outlays of the ,united      
,states do not exceed total revenue     
received by the ,united ,states4  #d4   
,sections #a and #b of this ,article    

shall not apply during any fiscal year  
during any part of which the ,united    
,states is at war as declared by        
,congress under section #h of article ,i
 of the ,constitution4  #e4 ,sections #a
 and #b of this ,article may be         
suspended by a concurrent resolution    
approved by a three-fifths vote of the  
,members of the ,senate and a two-thirds
 vote of the ,members of the ,house of  
,representatives4 ,any suspension of    
sections #a and #b of this ,article     
under this section shall be effective   
only during the fiscal year during which
 such suspension is approved4  #f4      
,congress shall have power to enforce   
this ,article by appropriate            
legislation4  #g4 ,this ,article shall  
take effect on the first day of the     
first fiscal year beginning after the   
date of the adoption of this ,article4  
4