To extend the pay-as-you-go requirement.
What it does: Replaces “as adjusted for any changes in revenues or direct spending assumed by such resolution” with “based on laws enacted on the date of adoption of that resolution as adjusted for up to $3…”
Sen. Russell D. Feingold (D-WI)What it changes
1 change to S.Con.Res. 23 · shown in the resolution's text
Replaces “as adjusted for any changes in revenues or direct spending assumed by such resolution” with “based on laws enacted on the date of adoption of that resolution as adjusted for up to $3…”
In S.Con.Res. 23 · Placed on Calendar Senate
(5) Baseline.--Estimates prepared pursuant to this section shall--
(A) use the baseline surplus or deficit used for the most recently adopted concurrent resolution on the budget [inserted: based on laws enacted on the date of adoption of that resolution ]as adjusted for
[struck: any changes ][inserted: up to $350 billion ]in revenues or direct spending assumed by[struck: such ][inserted: section 104 of this ]resolution[inserted: .]; and(B) be calculated under the requirements of subsections (b) through (d) of section 257 of the Balanced Budget and Emergency Deficit Control Act of 1985 for fiscal years beyond those covered by that concurrent resolution on the budget.
Original wording
On page 57, lines 3 through 5, strike “as adjusted for any changes in revenues or direct spending assumed by such resolution” and insert “based on laws enacted on the date of adoption of that resolution as adjusted for up to $350 billion in revenues or direct spending assumed by section 104 of this resolution.”
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 422. Mr. FEINGOLD (for himself, Mr. Chafee, and Mr. Carper) proposed an amendment to the concurrent resolution S. Con. Res. 23, setting forth the congressional budget for the United States Government for fiscal year 2004 and including the appropriate budgetary levels for fiscal years 2003 and for fiscal years 2005 through 2013; as follows:
On page 57, lines 3 through 5, strike “as adjusted for any changes in revenues or direct spending assumed by such resolution” and insert “based on laws enacted on the date of adoption of that resolution as adjusted for up to $350 billion in revenues or direct spending assumed by section 104 of this resolution.”
Legislative Activity
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Senate amendment submitted
March 25, 2003
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Senate amendment submitted
March 25, 2003
Senate amendment proposed (on the floor): Amendment SA 422 proposed by Senator Feingold.(consideration: CR S4357-4358; text: CR S4358)
March 25, 2003
Senate amendment agreed to: Amendment SA 422 agreed to in Senate by Voice Vote.
March 25, 2003
Amendment SA 422 proposed by Senator Feingold. (consideration: CR S4357-4358; text: CR S4358) To extend the pay-as-you-go requirement.
March 25, 2003
Amendment SA 422 agreed to in Senate by Voice Vote.
March 25, 2003