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1 providing the period of time, if less than the whole calendar

2 year, during which such surtax is to be suspended.

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"SEC. 5. This article shall apply with respect to the first

4 fiscal year beginning after the ratification of this article and

5 each succeeding fiscal year.

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"SEC. 6. The Congress shall have power to enforce this

7 article by appropriate legislation.".

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Proposing an amendment to the Constitution of the United States to provide that appropriations made by the United States shall not exceed its revenues, except in time of war or national emergency; and to provide for the systematic paying back of the national debt.

IN THE SENATE OF THE UNITED STATES

JANUARY 15, 1979

Mr. ARMSTRONG introduced the following joint resolution; which was read twice and referred to the Committee on Judiciary

JOINT RESOLUTION

Proposing an amendment to the Constitution of the United States to provide that appropriations made by the United States shall not exceed its revenues, except in time of war or national emergency; and to provide for the systematic paying back of the national debt.

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Resolved by the Senate and House of Representatives of 2 the United States of America in Congress assembled (two3 thirds of each House concurring therein), That the following 4 article is proposed as an amendment to the Constitution of 5 the United States, to be valid only if ratified by the legisla6 tures of three-fourths of the several States within seven years 7 after the date of final passage of this joint resolution:

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"ARTICLE

"SECTION 1. Except as provided in section 2, the Con

gress shall make no appropriation for any fiscal year if the 4 resulting total of appropriations for such fiscal year would 5 exceed the total estimated revenues of the United States for

6 such fiscal year.

7 "SEC. 2. In time of war or national emergency, as de8 clared by the Congress, the application of section 1 may be 9 suspended by a concurrent resolution which has passed the 10 Senate and the House of Representatives by an affirmative 11 vote of three-fourths of the authorized membership of each 12 such House. Such suspension shall be effective only for the 13 two-year term of the Congress which passes such resolution. "SEC. 3. There shall be no increase in the national debt 15 and such debt, as it exists on the date on which this article is 16 ratified, shall be repaid during the one-hundred-year period 17 beginning with the first fiscal year which begins after the 18 date on which this article is ratified. The rate of repayment 19 shall be such that one-tenth of such debt shall be repaid 20 during each ten-year interval of such one-hundred-year 21 period.

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"SEC. 4. This article shall apply only with respect to

23 fiscal years which begin more than six months after the date

24 on which this article is ratified.".

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To amend the Constitution of the United States to provide that appropriations made by the United States shall not exceed 33 per centum of the average national income of the prior three calendar years, except as specified during war or national emergency.

IN THE SENATE OF THE UNITED STATES

JANUARY 15, 1979

Mr. MCCLURE introduced the following joint resolution; which was read twice and referred to the Committee on the Judiciary

JOINT RESOLUTION

To amend the Constitution of the United States to provide that appropriations made by the United States shall not exceed 333 per centum of the average national income of the prior three calendar years, except as specified during war or national emergency.

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Resolved by the Senate and House of Representatives of 2 the United States of America in Congress assembled (two3 thirds of each House concurring therein), That the following 4 article is hereby proposed as an amendment to the Constitu5 tion of the United States, which shall be valid to all intents

6 and purposes as part of the Constitution when ratified by

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1 legislatures of three-fourths of the several States within

2 seven years after its submission to the States for ratification:

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"SECTION 1. In exercising its powers under article I of 4 the Constitution, and in particular its powers to lay and col5 lect taxes, duties, imposts, and excises and to enact laws 6 making appropriations, the Congress shall assure that the 7 total outlays of the Government during any fiscal year 8 (except for repayment of debt) do not exceed thirty-three and 9 one third percent of the average national income for the three 10 prior calendar years.

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"SEC. 2. In case of national emergency or war, the limit 12 may be exceeded but all expenditures in excess of thirty13 three and one third percent must be approved by a concur14 rent resolution agreed to by a rollcall vote of three-fourths of 15 all the Members of each House of Congress. The limitation

16 may be exceeded only in that fiscal year in which such a vote 17 was taken.”.

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