,,ia #aac? ,,congress #a/ ,session ,h4 ,j4 ,,res4 #ah ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #ah1 #bjac ,mrs4 ,em]son introduc$ ! foll[+ jo9t resolution2 :i* 0 ref]r$ to ! ,committee on ! ,judici>y ,,jo9t ,,resolution ,propos+ an am5dm5t to ! ,con/itution to provide = a balanc$ budget = ! ,unit$ ,/ates ,gov]nm5t & = great] acc\ntability 9 ! enactm5t ( tax legislation4 ,t ! foll[+ article is propos$ z an am5dm5t to ! ,con/itution ( ! ,unit$ ,/ates1 :i* %all be valid to all int5ts & purposes z "p ( ! ,con/itution :5 ratifi$ by ! legislatures ( ?ree-f\r?s ( ! sev]al ,/ates )9 sev5 ye>s aft] ! date ( its submission = ratification3 -- #a4 ,prior to ea* fiscal ye>1 ! ,congress & ! ,presid5t %all agree on an e/imate ( total receipts = t fiscal ye> by enactm5t into law ( a jo9t resolution devot$ solely to t subject4 ,total outlays = t ye> %all n exce$ ! level ( e/imat$ receipts set =? 9 su* jo9t resolution1 unless ?ree-fif?s ( ! total memb]%ip ( ea* ,h\se ( ,congress %all provide1 by a rollcall vote1 = a specific excess ( outlays ov] e/imat$ receipts4 #b4 ,:5ev] actual outlays exce$ actual receipts = any fiscal ye>1 ! ,congress %all1 9 ! ensu+ fiscal ye>1 provide by law = ! repaym5t ( su* excess4 ,! public debt ( ! ,unit$ ,/ates %all n be increas$ unless ?ree-fif?s ( ! total memb]%ip ( ea* ,h\se %all provide by law = su* an increase by a rollcall vote4 #c4 ,prior to ea* fiscal ye>1 ! ,presid5t %all transmit to ! ,congress a propos$ budget = ! ,unit$ ,/ates ,gov]nm5t = t fiscal ye> 9 :i* total outlays d n exce$ total receipts4 #d4 ,no bill to increase rev5ue %all become law unless approv$ by a majority ( ! total memb]%ip ( ea* ,h\se by a rollcall vote4 #e4 ,! provisions ( ?is article are waiv$ = any fiscal ye> 9 :i* a decl>ation ( w> is 9 effect4 #f4 ,total receipts %all include all receipts ( ! ,unit$ ,/ates except ^? d]iv$ f borr[+4 ,total outlays %all include all outlays ( ! ,unit$ ,/ates except = ^? = repaym5t ( debt pr9cipal4 #g4 ,?is article %all take effect beg9n+ ) ! second fiscal ye> aft] its ratification4 4