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S.J.Res. 112

A joint resolution proposing an amendment to the Constitution of the United States which requires (except during time of war and subject to suspension by the Congress) that the total amount of money expended by the United States during any fiscal year not exceed the amount of certain revenue received by the United States during such fiscal year and not exceed 20 per centum of the gross national product of the United States during the previous calendar year.

A plain-language summary from the Congressional Research Service isn’t available yet for this bill. CRS summaries are typically posted within a few weeks of introduction.

Subcommittee on Constitution. Hearings held.

Sen. Shelby, Richard C. [D-AL](D-AL)Sponsor
A joint resolution proposing an amendment to the Constitution of the United States which r… — Informed