,,iia  #aai? ,,congress  #b;d ,session  
,s4 ,j4 ,,res4 #bai  ,,9 ,,! ,,s5ate ,,(
 ,,! ,,unit$ ,,/ates  ,septemb] #cj1    
#bjbf ,mrs4 ,moody introduc$ ! foll[+   
jo9t resolution2 :i* 0 read twice &     
ref]r$ to ! ,committee on ! ,judici>y   
,,jo9t ,,resolution  ,propos+ an am5dm5t
 to ! ,con/itution ( ! ,unit$ ,/ates    
requir+ a balanc$ budget & e/abli%+ !   
requisite proc$ures4  ,t ! foll[+       
article is propos$ 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  7a7 ,congress %all   
adopt a biannual appropriations process4
  7b7 ,= ! fir/ fiscal ye> beg9n+ aft]  
?is article takes effect1 & ea* fiscal  
ye> !reaft]1 ,congress %all pass        
appropriation bills :i* include an      
itemization ( specific appropriations t 
exce$$ #ajj1jjj1jjj = fiscal ye> #bjbg1 
:i* am\nt %all be adju/$ = inflation =  
fiscal ye> #bjca1 & e f\r? fiscal ye>   

!reaft]4  7c7 ,n lat] ?an #gb h\rs be=e 
consid]ation ( any appropriation bill by
 a ,h\se ( ,congress1 ! full text ( !   
appropriation bill %all be furni%$ to   
ea* ,memb] ( ! applicable ,h\se (       
,congress & made available to ! public4 
7d7 ,congress %all enact a budget t     
ensures outlays d n exce$ receipts tak5 
9 by ! ,gov]nm5t ( ! ,unit$ ,/ates bas$ 
on ! av]age ( ! previ\s #c ye>s (       
rev5ue4  7e7  7#a7 ,congress %all create
 a commission1 to be kn[n z ! ,taxation1
 ,sp5d+1 & ,budget ,re=m ,commission1   
:i* %all meet e #aj ye>s1 until ! debt (
 ! ,gov]nm5t ( ,unit$ ,/ates is n m ?an 
#fj p]c5t ( ! gross dome/ic product ( ! 
,unit$ ,/ates4  7#b7 ,if ! debt ( !     
,gov]nm5t ( ! ,unit$ ,/ates exce$s #fj  
p]c5t ( ! gross dome/ic product ( !     
,unit$ ,/ates at ! "t ( a meet+ ( !     
,commission--  7,a7 n lat] ?an #a ye>   
aft] ! date ( ! meet+1 ! ,commission    
%all provide recomm5dations address+    
rev5ue1 sp5d+1 & budget process re=ms2 &
  7,b7 ! recomm5dations ( ! ,commission 

%all be consid]$ on ! floor ( ea* ,h\se 
( ,congress4  #b4  7a7 ,n lat] ?an ! />t
 ( ! fir/ fiscal ye> beg9n+ aft] ?is    
article takes effect1 ,congress %all    
e/abli% a budget /abilization fund4 ,=  
ea* fiscal ye>1 !re %all be deposit$ 9 !
 budget /abilization fund n less ?an !  
am\nt equal to #a p]c5t ( ! net rev5ue  
collections = ! prior fiscal ye>4  7b7  
,! am\nt 9 ! budget /abilization fund-- 
7#a7 by ! />t ( ! fif? fiscal ye> beg9n+
 aft] ?is article takes effect1 %all be 
n less ?an #e p]c5t ( ! net rev5ue      
collections = ! prior fiscal ye>2 &     
7#b7 by ! />t ( ! t5? fiscal ye> beg9n+ 
aft] ?is article takes effect1 %all be n
 less ?an #aj p]c5t ( ! net rev5ue      
collections = ! prior fiscal ye>4  7c7  
,congress %all provide crit]ia = )draw+ 
funds f ! budget /abilization fund--    
7#a7 9 sep>ate legislation t addresses  
only t purpose2 &  7#b7 :i* %all only   
include cov]+ rev5ue %ortfalls or       
provid+ fund+ = an em]g5cy1 z def9$ by  
an ,act ( ,congress4  7d7 ,congress %all

 provide = ! repl5i%m5t ( any funds     
)drawn f ! budget /abilization fund by n
 lat] ?an #e ye>s aft] ! date ( !       
)drawal4  #c4  7a7 ,! ,presid5t %all be 
! ,*ief ,adm9i/rative ,(fic] ( !        
,gov]nm5t ( ! ,unit$ ,/ates & be        
responsible = ! plann+ & budget+ = !    
,gov]nm5t ( ! ,unit$ ,/ates4  7b7 ,!    
,presid5t %all submit a #b-ye> budget to
 ,congress t provides = a balanc$ budget
 along ) recomm5dations to raise rev5ue 
or decrease sp5d+ to ensure outlays d n 
exce$ receipts4  7c7 ,! ,presid5t %all h
 ! au?ority to veto specific provisions 
( any appropriation bill pass$ by       
,congress1 9 ! ev5t t ! project$ outlays
 exce$ project$ rev5ues4  7d7 ,congress 
may ov]ride a l9e-item veto ( a specific
 provision ( an appropriation bill by ! 
,presid5t ^u an affirmative vote ( n    
less ?an ?ree-f\r?s ( ! ,memb]s ( ea*   
,h\se ( ,congress4  #d4 ,congress %all h
 ! p[] to en=ce ?is article by          
appropriate legislation4  #e4 ,?is      
article %all take effect #b ye>s aft] ! 

date ( ratification4  4