Amendment in the nature of a substitute sought to exempt Social Security from balanced budget calculations; and provide that before the constitutional amendment could take effect, Congress would be required to pass legislation showing what the budget will be for the fiscal years 1996 through 2002, containing aggregate levels of new budget authority, outlays, reserves, and the deficit and surplus, as well as new budget authority and outlays on an account-by-account basis.

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Amendment Number
20
Description
Amendment in the nature of a substitute sought to exempt Social Security from balanced budget calculations; and provide that before the constitutional amendment could take effect, Congress would be required to pass legislation showing what the budget will be for the fiscal years 1996 through 2002, containing aggregate levels of new budget authority, outlays, reserves, and the deficit and surplus, as well as new budget authority and outlays on an account-by-account basis.
Purpose
An amendment in the nature of a substitute that would exempt Social Security from balanced budget calculations; not require supermajority votes to run deficits or raise the public debt limit; not require a supermajority to raise taxes; and require "truth-in-budgeting" provisions that stipulate on an account-by-account basis how the budget would be balanced over the period between FY 1996 and FY 2002 before the constitutional amendment could take effect.
Congress
104
Type
HAMDT
Latest Action Date
Jan 26, 1995
Latest Action Text
On agreeing to the Conyers amendment (A004) Failed by recorded vote: 112 - 317 (Roll no. 46).
Latest Action Time
16:16:31
Submitted Date
Jan 26, 1995
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 20 — Informed