SJR 13 RATIFYING FED BALANCED-BUDGET AMENDMENT JERRY BURNETT, staff to Senator Randy Phillips, explained SJR 13 ratifies a balanced budget amendment, as proposed in HJR 1, which passed the U.S. House of Representatives on January 26, 1995. The proposed amendment would require the U.S. President and Congress to adopt a budget for each fiscal year in which total outlays do not exceed total receipts. SJR 13 also requires a supermajority vote consisting of three-fifths of each house of Congress to adopt a budget in which outlays exceed receipts, or to increase the limit on debt. An exception to the balanced budget requirement is allowed in times of war or declared military emergency. The current national debt is in excess of $5 trillion, which represents about $20,000 per person in the U.S. SENATOR GREEN moved SJR 13 out of committee with individual recommendations. There being no objection, the motion carried.