H.J.Res. 79 · 111th Congress
Proposing an amendment to the Constitution of the United States to control spending.
- Stage
- In committee
- Sponsor
- Jeb Hensarling
- Introduced
- 2010-03-03
- Latest action
- 2010-06-15 · Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
Summary
Constitutional Amendment - Prohibits annual federal outlays for a fiscal year (except those for repayment of debt principal) from exceeding one-fifth of economic output of the United States of America, unless two-thirds of each chamber provides for a specific increase of outlays above this amount.
Authorizes waiver of this article when a declaration of war is in effect.