,,iia  #aacth ,,congress  #ast ,session 
,s4 ,j4 ,,res4 #f  ,,in ,,the ,,senate  
,,of ,,the ,,united ,,states  ,january  
#bi1 #bjac ,mr4 ,shelby 7for himself and
 ,mr4 ,boozman7 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    
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 excluding      
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 ,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 
#d4 ,sections #a and #b of this ,article

 may be suspended by a concurrent       
resolution approved by a three-fifths   
vote of the ,members of each ,house of  
,congress4 ,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  #e4 ,this      
,article shall take effect on the first 
day of the first fiscal year beginning  
after the date of the adoption of this  
,article4  #f4 ,congress shall have     
power to enforce this ,article by       
appropriate legislation4  4