U.S. Congress - H.J.Res.73 Proposing a spending limit amendment to the Constitution of the United States.
H.J.Res.73 - Proposing a spending limit amendment to the Constitution of the United States.
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- Official: Proposing a spending limit amendment to the Constitution of the United States. as introduced.
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Official Summary
7/21/2011--Introduced.Constitutional Amendment - Prohibits total outlays (except those for payment of debt) for a year from exceeding the average annual revenue (except that derived from borrowing) collected in the three prior years, adjusted in proportion to changes in population and inflOfficial Summary
7/21/2011--Introduced.Constitutional Amendment - Prohibits total outlays (except those for payment of debt) for a year from exceeding the average annual revenue (except that derived from borrowing) collected in the three prior years, adjusted in proportion to changes in population and inflation. Requires a three-fourths roll call vote of each chamber to declare an emergency and provide by law for specific outlays in excess of such limit. Requires the declaration to specify reasons for the emergency designation and to limit the period in which outlays may exceed such limit to no longer than one year. Requires all revenue in excess of outlays:(1) to reduce the federal debt; and
(2) upon the retirement of such debt, to be held by the Treasury to be used for the specific outlays in excess of such limit. Prescribes a formula for reducing outlays over ten years.
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Latest Letters to Congress
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H.J.Res.73 Proposing a spending limit amendment to the Constitution of the United States.
Ambassador_Brando
October 14, 2011
I want you to support H.J.Res.73 - Proposing a spending limit amendment to the Constitution of the United States.
Return to our American Fundamentals! Return to our our self sufficient financial well-being, our employing our businesses using our own money for reasonable protection from unreasonable harm! Please return to a limited government, a balanced sustainable body that serves the liberty for American’s to generate their own incomes, use their own resources, manage their own busines... -
H.J.Res.73 Proposing a spending limit amendment to the Constitution of the United States.
marcforfreedom
August 28, 2011
I am writing as your constituent in the 4th Congressional district of Mississippi. I am writing as your constituent in the 4th Congressional district of Mississippi. I support H.J.Res.73 - Proposing a spending limit amendment to the Constitution of the United States., and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability. We MUST get our spending under control. I urge you to support this resolution for a constitutional am...
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H.J.Res.73 Proposing a spending limit amendment to the Constitution of the United States.
Templar
August 26, 2011
I am writing as your constituent in the 3rd Congressional district of Kentucky. I support H.J.Res.73 - Proposing a spending limit amendment to the Constitution of the United States., and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability. This country must get a balanced budget. The fools that have been elected in all parties are fighting about the debt ceiling. They say we could default on our debts. If we are so close to d...
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