Fiscal Restraints

Attachment: 3696/Fiscal_Restraints.pdf

Grassroots Amendment Proposals

to impose FISCAL RESTRAINTS on the

federal government

The proposals contained herein were submitted by grassroots activists

across the nation. They are reproduced here in essentially the same form

as they were received, and have not been substantively edited. Inclusion

of a proposal does not imply the support of Convention of States

Foundation.

FISCAL RESTRAINTS

1

Amendment XXVIII (Draft)

To empower state legislatures to override the federal government

Section 1.

The several state legislatures, by a three-fifths majority vote, shall have the power to:

(1) reduce any line item in any appropriations or other spending legislation,

(2) repeal, in whole or in part, any law passed by Congress,

(3) vacate, in whole or in part, any ruling of the Supreme Court or any inferior federal court,

(4) cancel, in whole or in part, any Presidential executive order or guideline,

(5) withdraw, in whole or in part, any regulation issued by any Federal agency or department.

Section 2.

(1) In any action under this amendment, each state legislature shall have exactly one vote,

and none of the actions shall be subject to judicial review.

(2) Each action shall become effective on the day that the three-fifths-majority requirement is

met.

More at https://bityl.co/CKhd

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1.

Congress shall adopt a preliminary fiscal year budget no later than the first Monday

in May for the following fiscal year and submit said budget to the President for consideration.

2.

Should Congress fail to adopt a final fiscal year budget prior to the start of each fiscal

year, which shall commence on October 1 of each year, and/or if the President fail to sign

said budget into law, an automatic, across the board, 5 percent reduction in expenditures

from the prior year’s fiscal budget shall be imposed for the fiscal year in which a budget has

not been adopted.

3.

Total outlays of the federal government for any fiscal year shall not exceed its

receipts for that fiscal year.

4.

Total outlays of the federal government for each fiscal year shall not exceed 17.5

percent of the Nation’s gross domestic product for the previous calendar year.

5.

Total receipts shall include all receipts of the United States Government but shall

exclude those derived from borrowing. Total outlays shall specifically exclude those for the

repayment of debt principal.

6.

Congress may provide for a one-year suspension of one or more of the preceding

sections in this Article by a three-fifths vote of both Houses of Congress, provided the vote is

conducted by roll call and sets forth the specific excess of outlays over receipts or outlays

over 17.5 percent of the Nation’s gross domestic product for the period of suspension.

7.

The limit on the debt of the United States held by the public shall not be increased

unless three-fifths of both Houses of Congress shall provide for such an increase by roll call

vote.

8.

This Amendment shall take effect under for the second fiscal year following its

ratification.

3

The 16th Amendment to the United States Constitution is hereby rescinded. This represents

complete repeal of the Sixteenth Amendment, returning to the States all responsibilities for

direct taxation. The Federal Government may still levy taxes against the many States and

Territories on a per capita basis, and may still collect revenue in other, less intrusive ways

(e.g., tariffs, excise taxes). This amendment shall take effect October 1st. 202X.

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4

The Federal Reserve Act of 1913 is hereby repealed.

The rights and responsibilities relating the minting of Federal monies, as established under

Article I, Section 8, are recognized as inherently governmental and not subject to delegation

or assignment outside of the halls of Government, and shall be executed via the Executive

Branch via the Department of the Treasury under the oversight of the united States House of

Representatives. It is further recognized that the rights and responsibilities identified are

granted toward the administration and policies of a monetary system, and that such

authorities do not allow for the Federal Government to engage in direct banking activity or

management.

2

5

Amendment to Facilitate Timely Execution of Appropriation/Budget Cycle

Section 1.

The House of Representatives and the Senate shall submit to the President its jointly

approved annual appropriations bill, which shall encompass all federal departments,

agencies, and operations, no later than May 15 for the upcoming federal government fiscal

year that begins on October 1 of the same calendar year.

Section 2.

If the House of Representatives and the Senate do not meet the May 15 deadline imposed by

Section 1 of this amendment, all individual Members of the House of Representatives and all

individual Senators in the Senate shall immediately and irrevocably forfeit all pay and

allowances for the period between May 16 and June 15.  If the House of Representatives and

the Senate still have not submitted a jointly approved annual appropriations bill outlined in

Section 1 to the President by June 16, then all individual Members of the House of

Representatives and all individual Senators in the Senate shall immediately and irrevocably

forfeit all pay and allowances for the remainder of the current fiscal year.

Section 3.

In addition to the mandate in Section 2 of this amendment, if the House of Representatives

and the Senate do not meet the deadline imposed by Section 1 of this amendment by July 15

for the upcoming federal government fiscal year that begins on October 1 of the same

calendar year, the Speaker of the House of Representatives and the Senate Majority Leader

shall irrevocably forfeit these leadership positions, and any other leadership or committee

positions, for the remainder of the then existing term of Congress, as well as in any future

term of Congress in which such persons may serve, whether through appointment or

election.  Further, this lifetime restriction applicable to the individuals who have irrevocably

forfeited their respective Speaker of the House and Senate Majority Leader positions is

applicable, in like manner, to such individuals should such individuals subsequently serve,

whether through appointment or election, in the opposite chamber of Congress.

Section 4.

The sum total of the appropriations bill identified in Section 1 of this amendment shall not

exceed the average of the sum total of the revenue for the three fiscal years immediately

preceding the fiscal year currently in effect.  Should Congress desire to meet its obligation

under Section 1 of this amendment with an appropriations bill that exceeds the average of the

sum total of the revenue for the three fiscal years immediately preceding, Congress shall

obtain two-thirds approval instead of a simple majority approval.  In any event, should

Congress desire to meet its obligation under Section 1 of this amendment with an

appropriations bill that exceeds the average of the sum total of the revenue for the three fiscal

years immediately preceding by three or more percent, Congress shall obtain three-quarters

approval for such appropriations bill.

Section 5.

Notwithstanding the appropriations bill limitations imposed by Section 4 of this Amendment, if

the House of Representatives and the Senate still have not submitted a jointly approved

annual appropriations bill as outlined in Section 1 to the President by July 15, the federal

government appropriation for the upcoming fiscal year that begins on October 1 shall be

identical to the federal government appropriation for the fiscal year currently in effect.  To the

extent that this Section 5 of this amendment becomes operative due to Congress not meeting

the July 15 deadline imposed by Section 3 of this amendment, all individual Members of the

House of Representatives and all individual Senators in the Senate will be able to resume

receipt of all pay and allowances only upon the start of the upcoming fiscal year that begins

on October 1.  Further, to the extent that Section 5 of this amendment becomes operative

due to Congress not meeting the July 15 deadline imposed by Section 3 of this amendment,

neither the President nor any Article II person, official, office, organization, or entity shall have

any authority to prevent the execution of the federal appropriation that arises under Section 5

of this amendment.

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6

A Flat income tax of 5 % will be maintained until the national debt is paid.

7

Debt ceiling/limit to be established and set at a 20 year limit, can only be readjusted every 20
years. The debt has to be paid at the end of twenty years.

8

Compensation for Senators, Representatives, will be thus 100,000 dollars/annually for both
Senators and Representatives, President will be 110,000 dollars. Pay raise will be 10% each
year when a balanced budget is passed and observed.

9

No Tax or Duty shall be laid on Articles exported from any State, or Sold over a media and

shipped across state lines. Within the United States of America.

10

Section 1: The power to set a maximum federal fiscal limits each year, including spending

limits, a debt limit, a maximum income tax, and other general factors, is hereby vested in the

several state legislatures.

Section 2: Not less than 90 days before the start of the next fiscal year, each state legislature

shall transmit to the Congress its proposal for the budget. Not less than 75 days before the

start of the fiscal year, Congress shall calculate the median of the proposed limits and shall

certify the same in joint convention.

Section 3: The median of the proposed limits shall be adopted as the maximum federal

budget for the upcoming fiscal year. In the event of an even number of state limits, the

median shall be calculated as the average of the two middle values.

Section 5: Congress shall appropriate a budget within the constraints set by the adopted

fiscal limits. The budget shall not exceed the limits established by the state legislatures.

Section 6: During times of war or other disaster, Congress may apply to the states for a

waiver of these limits for the remainder of the fiscal year, but all monies spent on such

disaster must be appropriated. Such waiver must be granted by a majority of state

legislatures, but the executive authority thereof may issue the state's waiver when the

legislature cannot be convened.

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“THE UNITED STATES CONGRESS SHALL PASS AN ANNUAL SURPLUS BUDGET BY

SEPTEMBER 30TH OR THE ENITRE CONGRESS OF THE FEDERAL GOVERNMENT

SHALL BE DISMISSED AS WELL AS THE CURRENT PRESIDENT OF THE UNITED

STATES. FEDERAL DEFICIT SPENDING SHALL END IMMEDIATELY AND THE US

CONGRESS SHALL PAY ITS FEDERAL DEBTS AND SHALL NOT SUSTAIN FUTURE

UNFUNDED LIABILITIES AND SHALL MAINTAIN A SURPLUS FUND FOR EMERGENCIES

OF THE UNITED STATES. THOSE DISMISSED FROM THIS ACTION SHALL NEVER

SERVE AGAIN IN ANY PUBLIC OFFICE OF ANY LEVEL OF GOVERNMENT AS A

SERVANT OF THE PUBLIC PAID WITH ANY PUBLIC FUNDS.”

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“THE US CONGRESS SHALL PROHIBIT THE DEVALUATION OF THE MONEY SUPPLY

OF THE UNITED STATES AND SHALL RETURN TO A GOLD STANDARD FOR ALL DEBTS

PUBLIC AND PRIVATE AS THE LAWFUL CURRENCY OF THE UNITED STATES.”

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13

MA  Article 5 draft Fiscal Restraint Amendment

Any of the following items shall become effective upon ratification date.  This amendment

shall not be infringed.



1.  All U.S. currency shall be based upon the gold standard.

2.  U.S. currency shall not be any type of electronic currency.

3.  Congress shall annually present a balanced budget and shall pass an annual balanced

budget and shall comply with the Congressional Budget & Impoundment Control Act of 1974.

4.  Congress shall only pass single subject item bills, so as to ensure there is no erroneous

spending within the bills being considered for passage.

5.  Congress shall only fund 9 months (108 days/12 months) of full time work hours of all

Federal Representatives ,all Federal Senators and their staff.  Hence initiating the beginning

of a part time congress as the founding fathers intended.   As becoming a non-full time

congress, the government shall eliminate their pension. Between defunding  these initiatives

there will be a great savings on the American tax payers.

5.  Congress shall not access funding of social security, medicare, medicaid to be used for

non-citizens of the U.S.A.   Congress also shall not remove any funding of these programs to

be reallocated for other initiatives or programs.

6.  Congress shall not authorize any U.S. funding for foreign purposes, when the U.S. deficit

is not being reduced on a monthly basis.

7.  Congress shall prioritize spending in accordance with the U.S. Constitution for 1.  Paying

off our legal debts.  2.  Provide for our common defense;  from invasion, terrorism,  and

violence both coming within and outside the U.S. continent.  3.  Provide for general U. S.

Welfare of legal citizens.

8. All types of debt., programs, bureaucracies etc. done outside of the proper constitutional

procedures shall be defunded.  Example:  Affordable care act,  DACA and all special

interests, since they don’t constitutionally qualify under expenditures for general welfare.

9.  All Federal employees who voted for unconstitutionally funded programs, shall be charged

a penalty fee of no less than $3,000 per program.  All penalty fees shall be deposited into the

Federal Treasury within four months of notification to only be used to pay off the federal debt.

10.  All annual taxes accessed to all citizens shall be a flat rate.  All taxes accessed to U.S.

businesses shall be a 3 at flat tax rates for the following business sizes:  small, medium and

large in accordance with the industry business sic codes/NAIC codes.

11.  Congress shall only use financial assistance to migrants who enter into legal immigration

programs.

12.  All members of the Federal Government and their families shall not profit or receive any

type of compensation  from either domestic or foreign sources while working for the U.S.

Government.  All Federal Government employees whose job is to make or influence any type

of legislation shall be held accountable.   If found in violation of this,  all monetary value

received shall be immediately given to the US treasury and shall be used to pay off out

Federal debt.  A financial penalty shall be accessed to the Federal employee of at minimum

one third the value of funding going to the U.S. treasury.

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14

Give the president line item veto authority that can be used to reduce the spending a bill calls

for.

15

The construction and funding of the Federal budget shall comply with the provisions and

limitations of the 10th Amendment of this Constitution.

16

DRAFT

Fiscal Responsibility Amendment:

Section one:  Federal expenditures for each fiscal year shall not exceed average annual

revenue collected in the prior three fiscal years. Total expenditures shall include all

expenditures of the United States, including those for payment of interest on debt.  Total

revenue shall include all revenue of the United States except that derived from borrowing.

Section two: A federal budget stabilization reserve fund shall be established by law.  Each

fiscal year 2.5% of the total expenditures calculated in Section one shall be set aside in the

Federal Budget Stabilization Reserve Fund. Congress, whenever 2/3 of both houses deem it

necessary, may access the budget stabilization reserve fund for exigent needs of the United

States after submitting a budget complying with the 7th section of the first Article of this

Constitution.

Section three: Congress, whenever 3/4 of both Houses deem it necessary, may exceed the

spending limit in Section one for one fiscal year by borrowing as provided for in the second

clause of the 8th section of Article One of this Constitution.

Funds derived from borrowing shall be appropriated only for enumerated powers in the 3rd

through the 17th clauses of Section 8 Article One of this Constitution.

Congress shall not guarantee the debt of US Government-sponsored agencies without a

¾

vote of both houses of Congress.

Section four: Taxes levied under the 8th section of Article One of this Constitution shall not be

raised to increase the revenue of the United States unless 3/5 of both houses of Congress

concur.

Section five: This amendment must be ratified within 7 years of its submission for ratification

under Article V. This amendment will become effective 3 years after ratification.

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Section 1:

No Member of Congress or spouse of a Member of Congress may own an interest in or trade

(except as a divestment) any stock, bond, commodity, future, or other form of security,

including an interest in a hedge fund, a derivative, option, or other complex investment

vehicle.

Section 2:

The Attorney General or the Special Counsel may bring a civil action in the appropriate

United States district court against any Member of Congress or spouse of a Member of

Congress who engages in conduct constituting a violation of Section 1 of this amendment

and, upon proof of such conduct by a preponderance of the evidence, such Member of

Congress or spouse shall be subject to a civil penalty of not more than $50,000 for the first

violation, not more than $100,000 for the second violation and expulsion from the congress

on the third violation. The imposition of a civil penalty or expulsion for violations under this

section does not preclude any other criminal or civil statutory, common law, or administrative

remedy, which is available by law to the United States or any other person.

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18

establish a constitutional GDP debt ceiling

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Section 1- Congress shall not tax a citizen of the United States more than 5% of their annual

income from all sources derived

Section 2- Congress does not have authority to tax anything other than personal income. See

Section 4

Section 3- Any member of Congress who formally proposes violations of Sections 1 and/or 2

of this amendment will be subject to removal from Congress by simple majority vote by

Congress or simple majority of their home state legislature. See Section 4

Section 4- Congress may institute a no more than 1% national sales tax upon declaration of

war by 2/3 of Congress

20

Section 1- Congress shall not spend more than revenue brought in to the Treasury annually.

Any member of Congress that votes to spend more than revenue will be ineligible to run for

re-election & can be removed from Congress by a simple majority vote by whichever body

they're in or by simple majority vote by their home state legislature.

Section 2- Congress shall not spend more than 15% of GDP annually. The same removal

provisions apply to Congress as in section 1

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Section 1.  The total debt of the United States Government and its agencies shall be

increased only if at least three-fourths of the members, in each house of Congress, in a roll

call vote, approve a bill for a specific increase. Every such bill shall pertain to only this

subject, and shall not require approval by the President of the United States.

Section 2.  A reserve fund of monetary resources shall be maintained by the United States

Government, to be used for fiscal, economic, and emergency purposes. This reserve fund

may be used when allowed by a duly enacted law.

Section 3.  When the United States engages in military combat, Congress may approve a bill

for a specific increase in the total debt of the United States Government to pay expenses due

to this military combat, if at least three-fifths of the members, in each house of Congress,

consent in a roll call vote. Every such bill shall pertain to only this subject, and shall not

require approval by the President of the United States.

Section 4.  The President of the United States shall send to Congress, at least four months

before the start of every fiscal year, a complete proposed annual budget for the United States

Government and its agencies, in which the total debt is not increased. This budget may

propose a specific increase in the total debt to pay expenses from military combat.

Section 5.  Neither the United States Government or its agencies shall create money, or do

the equivalent, primarily to increase income for the United States Government.

Section 6.  This article shall take effect six years after ratification.

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limit annual budget to 20% of prior year's GDP

23

Include in a balance budget amendment a clause setting a maximum tax rate

24

Remove 16th Amendment and replace with a 10% Flat or Fair or Consumption Tax of 10%

and this 10% can not be raised to a higher %.

7

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SECTION 1. The Sixteenth Article of amendment is hereby repealed and Congress is

henceforth forbidden to impose taxes or other exactions upon incomes, gifts, or estates.

SECTION 2. Congress shall not impose or increase any tax, duty, impost or excise without

the approval of three-fifths of the House of Representatives and three-fifths of the Senate,

and then shall present such to the President.

SECTION 3. Congress ought not raise money by borrowing, but when the money arising from

imposts duties and excise taxes are insufficient to meet the public exigencies, and Congress

has raised money by borrowing during the course of a fiscal year, Congress shall then lay a

direct tax at the beginning of the next fiscal year for an amount sufficient to extinguish the

preceding fiscal year's deficit, and apply the revenue so raised to extinguishing said deficit in

full.

SECTION 4. When Congress is required to lay a direct tax in accordance with Section 3 of

this Article, the Secretary of the United States Treasury shall, in a timely manner, calculate

each State's apportioned share of the total sum being raised as agreeable to the Census

fixed in the Constitution, and then provide the various State Congressional Delegations with a

Bill notifying their State’s Executive and Legislature of its share of the total tax being

collected, the manner in which the bill was calculated, and a final date by which said tax shall

be paid into the United States Treasury.

SECTION 5. Each State shall be free to assume and pay its quota of the direct tax into the

United States Treasury by a final date set by Congress, but if any State shall refuse or

neglect to pay its quota, then Congress shall assess and levy such State's proportion with

interest thereon at the rate set by law.

SECTION 6. This Article shall be effective four years from the date of its ratification.

26

Article

The sixteenth article of amendment to the Constitution of the United States is hereby

repealed.

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27

Section 1. Total outlays for any fiscal year shall not exceed total receipts for that fiscal year,

unless three-fifths of the whole number of each House of Congress shall provide by law for a

specific excess of outlays over receipts by a rollcall vote.



Section 2. The limit on the debt of the United States held by the public shall not be increased,

unless three-fifths of the whole number of each House shall provide by law for such an

increase by a rollcall vote.



Section 3. Prior to each fiscal year, the President shall transmit to the Congress a proposed

budget for the United States Government for that fiscal year in which total outlays do not

exceed total receipts.



Section 4. No bill to increase revenue shall become law unless approved by a majority of the

whole number of each House by a rollcall vote.



Section 5. The Congress may waive the provisions of this article for any fiscal year in which a

declaration of war is in effect. The provisions of this article may be waived for any fiscal year

in which the United States is engaged in military conflict which causes an imminent and

serious military threat to national security and is so declared by a joint resolution, adopted by

a majority of the whole number of each House, which becomes law.



Section 6. The Congress shall enforce and implement this article by appropriate legislation,

which may rely on estimates of outlays and receipts.



Section 7. Total receipts shall include all receipts of the United States Government except

those derived from borrowing. Total outlays shall include all outlays of the United States

Government except for those for repayment of debt principal.



Section 8. This article shall take effect beginning with the second fiscal year beginning after

its ratification.''.

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The Congress shall present each year, a full annual federal budget to the office of the

President at least 60 days prior to the end of the current fiscal year for his approval.  Should

Congress fail to meet this requirement or should the President fail to approve it or fail to

engage in negotiation so that such budget is approved and in place for the first day of the

new fiscal year, the most recent full budget less 5% across the board, excluding for defense

in time of a declared war, or for an existing national disaster will become the budget for that

new fiscal year and Congress will have to wait for the next fiscal year’s budgeting process to

begin again.

29

Power of taxation. The power of taxation shall be exercised in a just and equitable manner,

for public purposes only, and shall never be surrendered, suspended, or contracted away.

Income tax. The rate of tax on personal and corporate incomes shall be uniform across all

people and corporations shall not in any case exceed ten percent, and there shall be allowed

uniform personal and business exemptions and deductions so that only net incomes are

taxed.

Capital gains tax. There shall be no capital gains taxes on any assets held for one year or

longer. Assets held for less than one year shall be taxed at the same rate as personal and

corporate income. There will be no taxes levied on physical gold and silver coins and bullion.

Congress shall have no power to levy any other kind of tax except a uniform tax on personal

and corporate income that shall in no case exceed ten percent.

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30

Repeal the 16th Amenddment and implement the national retail sales tax (Fair Tax)

31

Amendment XXVIII: Fiscal Responsibility and Debt Elimination

Section 1. The federal government shall, within the period of one hundred (100) years

following the ratification of this amendment, pay off all existing federal debt.

Section 2. All debt repayments shall be made in a manner that minimizes adverse impacts on

the economy, with a specific schedule established and adhered to by Congress.

Section 3. The federal government is prohibited from incurring new debt, except in times of

formally declared war or severe national emergency as approved by a three-quarters vote in

both Houses of Congress.

Section 4. Any debt accrued for the purposes of war or severe national emergency must be

retired within a period of twenty (20) year for each five years or fraction thereof that the war or

national emergency was in effect following the conclusion of such war or emergency.

Section 5. The federal government shall adopt and adhere to annual budgets that avoid the

creation of federal deficits, except as allowed under Section 3 of this amendment.

Section 6. This amendment shall take effect in third fiscal year following its ratification by the

states, providing time for Congress to begin adjustments to spending and revenue practices.

Section 7:  A war or national emergency must threaten the physical security of the People.

Section 8: The federal government may save revenue year to year up to fifteen percent

(15%) of the average of the last three fiscal years budgets. Upon two-thirds approval of

congress, savings may be spent.

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Amendment XXXI - Currency Reform

Section 1:  Upon the ratification of this amendment, the United States Congress shall

establish a debt-free currency of the United States. This currency shall be backed by a

tangible asset of intrinsic value and will serve as the sole legal tender for all debts, public and

private, within the jurisdiction of the United States.

Section 2:  As such, no debt of the government may be leveraged against this currency of the

United States.

Section 3:  The federal government may not liquidate assets without the approval of three-

fourths of Congress.

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Amendment XVI is hereby repealed. The federal government shall not tax the people directly

in any way, including but not limited to income tax, sales tax, property tax, commodity tax,

transportation tolls, or tithes. When taxing the states, the Federal Government must tax the

states proportionate to each state’s population, and may not tax the states three years in a

row without conducting a full census.

34

Using the Presidential Line Item Veto, the President has the authority to cancel any dollar

amount of spending in a bill, but to cancel nothing else in the bill other than spending.

Congress can override this Line Item Veto with a two thirds majority in each house.

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35

No federal tax dollar may go to any state or other municipality for acts of weather, nature, or

climate – including but not limited to tornadoes, hurricanes, earthquakes, tsunami, storms,

blizzards, droughts, natural floods, natural fires, lightning strikes, animal attacks, plagues,

pestilence – but only for acts of man, such as war, invasions, arson, transportation mishaps,

chemical spills, and biological warfare.

36

Section 1. Starting five years from ratification of this Amendment, No federal monies raised

from the citizens or the states can be given – nor reimbursed, subsidized, refunded,

incentivized – to any person or organization except in exchange for goods, services, or

services previously rendered.

Section 2. Starting ten years from ratification of this Amendment, the federal government may

not provide food, shelter, clothing, health care, insurance, or goods of any value to any

persons other than government employees who actively provide a service to the government,

retired government employees, and military veterans.

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Section 1.

The Sixteenth Amendment and all laws associated with the progressive tax system are

hereby repealed.

Section 2.

Congress shall have the power to lay and collect a flat tax not to exceed fifteen percent on

incomes from whatever source derived, personal and corporate.

Section 3.

All federal expenditures shall be specifically tied to one of the limited federal responsibilities

specifically enumerated in Article I, Section 8 of the Federal Constitution.

Section 4.

The Public Debt shall not be increased except upon a recorded vote of two-thirds of each

house of Congress.

Section 5.

Every appropriation for programs or projects will contain a sunset clause of three years. At

which time, if it can be proven that the expenditures are accomplishing the desired outcome,

the appropriation may be reauthorized.

38

No Fed resources will be used to reimburse any state, city, etc. for any expenses they incur

by declaring themselves as “Sanctuary City” or similar acronym. This applies to any type of

Sanctuary, illegal entry, illegal drug business, sex trafficing, gun controls, etc. No use of

“fungible” accounting can be used by the State or Federal level.

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PROPOSED AMENDMENT FOR A BALANCED BUDGET TO THE CONSTITUTION OF THE
UNITED STATES

1.

Total planned and actual spending cannot exceed total expected and actual revenues

received.

2.

The only exception to 1. above is in the case of a world war where deficit spending can occur

with the express approval of the majority (60%) of both the Senate and House of

Representatives.

3.

The Federal Accounting Standard Advisory Board (FASAB) must modify their accounting

standards to comply with both Generally Accepted Accounting Principals (GAAP) and

Governmental Accounting Standards Board (GASB) as it pertains to both standards and

public reporting, this includes as a minimum:

a.

Annual audited Balance Sheet

b.

Annual audited Statement of Sources and Uses of Funds by individual entity as well

as consolidated reporting.

4.

The statements reported will be used as objective measurements of performance (report

card) for the administration in place for the period(s) reported.

5.

Budgetary requirements will include a debt service plan to reduce and eliminate current

national debt within fifteen (15) years.

6.

Budgetary requirements will include fifteen percent (15%) of revenues to be set aside as

reserves for emergency or unexpected non-budgeted items.

7.

A study will be conducted to determine all past monies taken for Social Security/Medicare

and used for General Fund expenditures with the amount be placed as a liability on the

balance sheet. Once determined, annual reimbursement, to include accrued interest will be

required and be included in the debt service plan to reduce and eliminate the national debt.

Duration of reimbursement and interest thereof for this liability will be determined once the

amount of the liability is determined.

8.

All current monies taken for Social Security/Medicare will be placed in a separate fund to be

used expressly for entitlements paid to only those who have contributed and entitled to

those benefits.

9.

Federal government funding will be prioritized in order of importance. Due to limited

revenues, there will be federal entities that will no longer be funded from federal funds and

will need to be eliminated with their functions transferred to the state level.

40

Section 1, Return to regular order of yearly appropriation bills, with automatic reductions in

spending when they are not approved by the due date. Section 1-2 All members of Congress

their staffs and those employed in the varies government offices shall not be excluded from

any bills passed by Congress. Section 2 Congress shall not spend more than 95% of the

previous years GDP during times of peace. Exceptions will be made for times of Declared

War or for 6 months for a national emergency. Additional emergency spending can be

approved for 3 months. Section 3. The General Accounting Office is limited to one year

projections for all spending bills and must follow the general accounting principles that

businesses are required to follow. All spending bills outside of the general appropriation bills

shall be limited to 5 years maximum before re-authorization. Section 4 All bureaucracy rule

changes shall be reviewed for costs and voted on by Congress before being adopted. Any

rule change will expire at the end of a 5 year period beginning on the day of adoption and can

only be extended by a review and approved by Congress. Section 5 No members of

Congress, their families or other immediate relations may openly trade on any stock that may

be associated in any way with a bill before the committee or the full body. They may purchase

said stock after the bill is passed.

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41

The Sixteenth Amendment is hereby repealed, in the manner following:

No capitation, or other direct, tax shall be laid, unless in proportion to the census required

every ten years, and herein before directed to be taken in Article I, Section 2, Paragraph 3.

Congress is also hereby required to pass a balanced budget each fiscal year.

42

The Federal Government shall have no authority to grant money or advantage, in any form

whatever, to any person or group of persons based on gender, race, class, physical or mental

advantage or disadvantage, financial status, age, or business stability. Neither shall the

Federal Government grant money or advantage to the states for any of the above-mentioned

purposes.

13

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Created:	2023-07-21 14:07 GMT
Updated:	2024-07-22 03:00 GMT
Published:	2023-07-21 07:00 GMT
Converted:	2025-11-11 12:27 GMT
Change Author:	Jakob Fay
Credit Author: