,,ia #aad? ,,congress #b;d ,session ,h4 ,j4 ,,res4 #hf ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,april #ad1 #bjaf ,mr4 ,de,fazio introduc$ ! foll[+ jo9t resolution2 :i* 0 ref]r$ to ! ,committee on ! ,judici>y ,,jo9t ,,resolution ,propos+ an am5dm5t to ! ,con/itution ( ! ,unit$ ,/ates to provide = balanc$ budgets = ! ,gov]nm5t4 ,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 ,su* a law mu/ include an adequate increase 9 ! debt limit = ! specific excess ( outlays4 #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 effect by a rollcall vote4 ,any su* waiv] mu/ id5tify & be limit$ to ! specific excess or increase = t fiscal ye> made necess>y by ! id5tifi$ decl>ation ( w>4 ,su* a decl>ation ( w> mu/ include an adequate increase 9 ! debt limit = ! specific excess ( outlays4 #d4 ,! ,congress %all en=ce & implem5t ?is article by appropriate legislation1 :i* may rely on e/imates ( outlays & receipts4 #e4 ,total outlays = ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund & ! ,f$]al ,disability ,insurance ,tru/ ,fund ov] #ge ye>s %all n exce$ total receipts = #ge ye>s1 unless ?ree-fif?s ( ! :ole numb] ( ea* ,h\se ( ,congress %all provide by law = a specific excess ( outlays ov] receipts by a rollcall vote4 #f4 ,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 #g4 ,?is article %all take effect beg9n+ ) ! fif? fiscal ye> beg9n+ aft] its ratification4 4