Ask AI
Bill97th CongressFiled Dec 9, 1981Economics and Public Finance
S.J.Res. 132

A joint resolution to require the Federal Government to end deficit financing.

Bill journey · stage 2 of 5

Under committee review

Filed
Comm.
Floor
Both
Law

What it doesSummary introduced in senate (Dec 9, 1981)

Constitutional Amendment - Requires the President to review Government revenues and expenditures at specified times and to determine a surtax rate when expenditures exceed revenues to insure that receipts will equal outlays. Authorizes the suspension of such measures in the case of a grave national emergency declared by Congress.

What just happenedDec 10, 1981

Referred to Subcommittee on Constitution.

Who’s behind it

Sen. Stennis, John C. [D-MS](D-MS)Sponsor
Read on Congress.gov
1committees3actions2related bills7subjects
  1. Dec 10, 1981Committee

    Referred to Subcommittee on Constitution.

    Constitution, Civil Rights and Property Rights Subcommittee
  2. Dec 9, 1981IntroReferral

    Read second time and referred to Senate Committee on Judiciary.

    Judiciary Committee
  3. Dec 9, 1981IntroReferral10000

    Introduced in Senate

A joint resolution to require the Federal Government to end deficit financing. — Informed