S.J.Res. 26 (97th): A joint resolution to amend the Constitution to provide for a balanced budget.

Introduced:
Feb 03, 1981 (97th Congress, 1981–1982)
Sponsor:
Sen. Harry Byrd Jr. [I-VA]
Status:
Died (Introduced)

The resolution’s title was written by the resolution’s sponsor. S.J.Res. stands for Senate joint resolution.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


2/3/1981--Introduced.
Constitutional Amendment - Requires Congress to assure that the total outlays of the Government during any fiscal year, not including any outlays for the redemption of bonds, notes, or other obligations, shall not exceed total receipts. Requires Congress, beginning with the first fiscal year after the ratification of this article, to assure that total outlays during any fiscal year do not exceed 20 percent of the gross national product during the calendar year immediately preceding the beginning of such fiscal year. Permits suspension of either limitation in the case of a national emergency by a concurrent resolution agreed to by two-thirds of all the Members of each House of Congress.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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