A joint resolution proposing amendments to the Constitution of the United States relative to the line item veto, a limitation on the number of terms that a Member of Congress may serve, and requiring a vote of two-thirds of the membership of both Houses of Congress on any legislation raising or imposing new taxes or fees.
Summary
This joint resolution proposes three significant changes to the U.S. Constitution aimed at altering how the federal government operates and spends money. First, it would grant the President "line-item veto" power, allowing the executive to cancel specific spending items in a bill without vetoing the entire piece of legislation. Second, it establishes congressional term limits, restricting individuals to a maximum of twelve years in each chamber (six terms for House members and two terms for Senators).
Finally, the resolution would require a two-thirds "supermajority" vote in both the House and Senate to pass any legislation that increases taxes or imposes new fees, rather than the simple majority currently required. If passed by two-thirds of both houses of Congress and ratified by three-fourths of the states, these measures would fundamentally change the legislative process by making tax increases more difficult to enact and ending the careers of long-serving lawmakers.