Date: March 1, 1994
Subject: Balanced-Budget Amendment
Description: Passage of the joint resolution to propose a constitutional amendment to require a balanced budget by 2001 or the second fiscal year after ratification by three-fourths of the states, whichever is later. Congress could waive the balanced-budget requirement if three-fifths of the House and Senate approve deficit spending, or by a simple majority when a declaration of war was in effect or when there was a threat to national security. The amendment would prohibit the courts from ordering tax increases or spending cuts unless specifically authorized by Congress.
Result: Joint Resolution Defeated, 63-37
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