,,iia  #aacth ,,congress  #ast ,session 
,s4 ,j4 ,,res4 #a  ,,in ,,the ,,senate  
,,of ,,the ,,united ,,states  ,january  
#bb 7legislative day1 ,january #c71     
#bjac ,mr4 ,lee introduced the following
 joint resolution2 which was read twice 
and referred to the ,committee on the   
,judiciary  ,,joint ,,resolution        
,proposing an amendment to the          
,constitution of the ,united ,states    
requiring that the ,federal budget be   
balanced4  ,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 ,states3   
--  #a4 ,total outlays for any fiscal   
year shall not exceed total receipts for
 that fiscal year4  #b4 ,total outlays  
shall not exceed #ah percent of the     
gross domestic product of the ,united   
,states for the calendar year ending    
prior to the beginning of such fiscal   

year4  #c4 ,the ,congress may provide   
for suspension of the limitations       
imposed by section #a or #b of this     
article for any fiscal year for which   
two-thirds of the whole number of each  
,house shall provide1 by a roll call    
vote1 for a specific excess of outlays  
over receipts or over #ah percent of the
 gross domestic product of the ,united  
,states for the calendar year ending    
prior to the beginning of such fiscal   
year4  #d4 ,any bill to levy a new tax  
or increase the rate of any tax shall   
not become law unless approved by       
two-thirds of the whole number of each  
,house of ,congress by a roll call vote4
  #e4 ,the limit on the debt of the     
,united ,states held by the public shall
 not be increased1 unless two-thirds of 
the whole number of each ,house of      
,congress shall provide for such an     
increase by a roll call vote4  #f4 ,any 
,member of ,congress shall have standing
 and a cause of action to seek judicial 
enforcement of this article1 when       

authorized to do so by a petition signed
 by one-third of the ,members of either 
,house of ,congress4 ,no court of the   
,united ,states or of any ,state shall  
order any increase in revenue to enforce
 this article4  #g4 ,the ,congress shall
 have the power to enforce this article 
by appropriate legislation4  #h4 ,total 
receipts shall include all receipts of  
the ,united ,states except those derived
 from borrowing4 ,total outlays shall   
include all outlays of the ,united      
,states except those for repayment of   
debt principal4  #i4 ,this article shall
 become effective beginning with the    
second fiscal year commencing after its 
ratification by the legislatures of     
three-fourths of the several ,states4  4