,,ia #aah? ,,congress #b;d ,session ,h4 ,j4 ,,res4 #aac ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,febru>y #g1 #bjbd,mr4 ,arr+ton 7= himself1 ,mr4 ,yakym1 ,mr4 ,e/es1 ,mr4 ,bur*ett1 ,mr4 ,ellzey1 ,mr4 ,duncan1 & ,mr4 ,huiz5ga7 submitt$ ! 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 ,/ates3 -- #a4 ,total exp5ditures = a ye> %all n exce$ ! av]age annual rev5ue collect$ 9 ! ?ree prior ye>s1 adju/$ 9 proportion to *anges 9 population & inflation4 ,total exp5ditures %all include all exp5ditures ( ! ,unit$ ,/ates except ^? = paym5t ( debt1 & rev5ue %all include all rev5ue ( ! ,unit$ ,/ates except t d]iv$ f borr[+4 #b4 ,congress may by a roll call vote ( two-?irds ( ea* ,h\se decl>e an em]g5cy & provide by law = specific exp5ditures 9 excess ( ! limit 9 section #a4 ,! decl>ation %all specify reasons = ! em]g5cy designation & may au?orize exp5ditures 9 excess ( ! limit 9 section #a = up to "o ye>4 #c4 ,congress %all h p[] to en=ce ?is article by appropriate legislation4 #d4 ,?is article %all take effect 9 ! fir/ ye> beg9n+ at lea/ #ij days foll[+ ratification1 except t exp5ditures may exce$ ! limit 9 section #a by ! foll[+ portion ( ! prior ye>'s exp5ditures exce$+ t limit 7except+ em]g5cy exp5ditures provid$ = by section #b73 n9e-t5?s 9 ! fir/ ye>1 eight-n9?s 9 ! second1 sev5-eigh?s 9 ! ?ird1 six-sev5?s 9 ! f\r?1 five-six?s 9 ! fif?1 f\r-fif?s 9 ! six?1 ?ree-f\r?s 9 ! sev5?1 two-?irds 9 ! eigh?1 & "o-half 9 ! n9?4 4