,,iia  #aacth ,,congress  #ast ,session 
,s4 ,j4 ,,res4 #bj  ,,in ,,the ,,senate 
,,of ,,the ,,united ,,states  ,july #aa1
 #bjac ,mr4 ,udall of ,colorado 7for    
himself1 ,mr4 ,manchin1 ,mr4 ,begich1   
,mrs4 ,mc,caskill1 ,ms4 ,heitkamp1 and  
,mr4 ,tester7 introduced the following  
joint resolution2 which was read twice  
and referred to the ,committee on the   
,judiciary  ,,joint ,,resolution        
,proposing a balanced budget amendment  
to the ,constitution of the ,united     
,states4  ,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 
,total outlays for any fiscal year shall
 not exceed total receipts for that     
fiscal year1 unless three-fifths of the 
whole number of each ,house of ,congress

 shall provide by law for a specific    
excess of outlays over receipts by a    
roll call vote4  #b4 ,prior to each     
fiscal year1 the ,president shall       
transmit to the ,congress a proposed    
budget for the ,united ,states          
,government for that fiscal year in     
which total outlays do not exceed total 
receipts4  #c4 ,sections #a and #b of   
this ,article shall not apply during any
 fiscal year in which a declaration of  
war is in effect or in which the ,united
 ,states is engaged in military conflict
 which causes an imminent and serious   
military threat to national security and
 is so declared by a joint resolution1  
adopted by a majority of the whole      
number of each ,house1 which becomes    
law4  #d4 ,the ,congress shall enforce  
and implement this article by           
appropriate legislation1 which may rely 
on estimates of outlays and receipts4   
#e4 ,except as provided in the second   
clause1 total receipts shall include all
 receipts of the ,united ,states        

,government other than those derived    
from borrowing1 and total outlays shall 
include all outlays of the ,united      
,states ,government other than those for
 repayment of debt principal4  ,the     
receipts 7including attributable        
interest7 and outlays of the ,federal   
,old-,age and ,survivors ,insurance     
,trust ,fund and the ,federal           
,disability ,insurance ,trust ,fund1 or 
any fund that is a successor to either  
such fund1 shall not be considered to be
 receipts or outlays for purposes of    
this article4  #f4 ,congress shall not  
pass any bill that provides a net       
reduction in individual income taxes for
 those with incomes over #a1jjj1jjj 7as 
may be adjusted by ,congress to account 
for inflation7 if1 after enactment1     
total outlays would exceed total        
receipts in any fiscal year affected by 
the bill4  #g4 ,no court of the ,united 
,states or of any ,state shall enforce  
this article by ordering any reduction  
in the ,social ,security benefits       

authorized by law1 including any        
benefits provided from the ,federal     
,old-,age and ,survivors ,insurance     
,trust ,fund1 the ,federal ,disability  
,insurance ,trust ,fund1 or any fund    
that is a successor to either such fund4
  #h4 ,this article shall take effect   
beginning with the fifth fiscal year    
beginning after its ratification4  4