Date: June 11, 1992
Subject: Balanced-Budget Constitutional Amendment
Description: Passage of the joint resolution to propose a constitutional amendment prohibiting deficit spending unless a three-fifths majority of both chambers of Congress approved a specific deficit amount or there was a declaration of war or a declaration of national military emergency enacted into law; requiring the President to submit a balanced budget each fiscal year; and requiring a three-fifths majority of both chambers of Congress to increase the public debt.
Result: Amendment Rejected, 170-258
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