Political Quotes

On the recordFebruary 3, 2011
Mr. President, I ask unanimous consent that the text of the joint resolution be printed in the Record. There being no objection, the text of the joint resolution was ordered to be printed in the Record, as follows: S.J. Res. 5 Resolved by the Senate and House of Representatives of the United States of America in Congress assembled (two-thirds of each House concurring therein), That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States: ``Article-- ``Section 1. Total outlays for any fiscal year shall not exceed total receipts for that fiscal year. ``Section 2. Total outlays shall not exceed 18 percent of the gross domestic product of the United States for the calendar year ending prior to the beginning of such fiscal year. ``Section 3. The Congress may provide for suspension of the limitations imposed by section 1 or 2 of this article for any fiscal year for which two-thirds of the whole number of each House shall provide, by a roll call vote, for a specific excess of outlays over receipts or over 18 percent of the gross domestic product of the United States for the calendar year ending prior to the beginning of such fiscal year. ``Section 4.…
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Bill Lee
Republican · Tennessee

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