,,ia  #aac? ,,congress  #a/ ,session    
,h4 ,j4 ,,res4 #d  ,,9 ,,! ,,h\se ,,(   
,,repres5tatives  ,janu>y #c1 #bjac ,mr4
 ,b>r[ 7= himself & ,mr4 ,cuell>7       
introduc$ ! foll[+ jo9t resolution2 :i* 
0 ref]r$ to ! ,committee on ! ,judici>y 
,,jo9t ,,resolution  ,propos+ a balanc$ 
budget am5dm5t to ! ,con/itution ( !    
,unit$ ,/ates4  ,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    
,total outlays = any fiscal ye> %all n  
exce$ total receipts = t fiscal ye>1    
unless ?ree-fif?s ( ! :ole numb] ( ea*  
,h\se ( ,congress %all provide by law = 
a specific excess ( outlays ov] receipts
 by a rollcall vote4  #b4 ,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 
#c4 ,! ,congress may waive ! provisions 
( ?is article = any fiscal ye> 9 :i* a  
decl>ation ( w> is 9 effect4 ,!         
provisions ( ?is article may be waiv$ = 
any fiscal ye> 9 :i* ! ,unit$ ,/ates is 
engag$ 9 milit>y conflict :i* causes an 
imm95t & s]i\s milit>y ?reat to national
 security & is s decl>$ by a jo9t       
resolution1 adopt$ by a majority ( !    
:ole numb] ( ea* ,h\se1 :i* becomes law4
  #d4 ,! ,congress %all en=ce & implem5t
 ?is article by appropriate legislation1
 :i* may rely on e/imates ( outlays &   
receipts4 ,! appropriate committees ( ! 
,h\se ( ,repres5tatives & ! ,s5ate %all 
report to _! respective ,h\ses implem5t+
 legislation to a*ieve a balanc$ budget 
)\t r$uc+ ! disbursem5ts ( ! ,f$]al     
,old-,age & ,survivors ,insurance ,tru/ 
,fund & ! ,f$]al ,disability ,insurance 
,tru/ ,fund to a*ieve t goal4  #e4      
,total receipts %all include all        
receipts ( ! ,unit$ ,/ates ,gov]nm5t    
except ^? d]iv$ f borr[+4 ,total outlays

 %all include all outlays ( ! ,unit$    
,/ates ,gov]nm5t except = ^? = repaym5t 
( debt pr9cipal4  #f4 ,?is article %all 
take effect beg9n+ ) ! lat] ( ! second  
fiscal ye> beg9n+ aft] its ratification 
or ! fir/ fiscal ye> beg9n+ aft]        
,decemb] #ca1 #bjbb4  4