S.J.RES.6: A joint resolution proposing an amendment to the Constitution of the United States which requires (except during time of war and subject to suspension by Congress) that the total amount of money expended by the United States during any fiscal year not exc

Constitutional Amendment - Prohibits, except in time of a congressionally declared war, federal fiscal year expenditures from exceeding: (1) federal revenues for that fiscal year, excluding revenue received from the issuance of bonds, notes, or other obligations of the United States; and (2) 20% of the gross domestic product (GDP) for the preceding calendar year. Authorizes suspension of these prohibitions by concurrent resolution approved by...

(Source: Library of Congress)