S.Amdt. 738

1. Adds TITLE VI--FUNDING FOR GLOBAL WAR ON TERROR wherever appropriate

   Adds a title

   Inserted: TITLE VI--FUNDING FOR GLOBAL WAR ON TERROR

   Inserted: SEC. 601. FINDINGS.

   Inserted: The Congress finds the following:

   Inserted: (1) It is estimated that the top 1 percent of income earners in the United States will receive at total of $715 billion in tax cuts between 2001 and 2010 under current law.

   Inserted: (2) It is estimated that in the single year 2009, tax cuts for the top 1 percent of income earners will total over $94 billion.

   Inserted: (3) To date all of the funds for military operations in Iraq and Afghanistan have been designated as emergency spending.

   Inserted: (4) Operations in Iraq alone have now lasted longer than World War II and are not "unanticipated uncontrollable expenditures" as defined by the Congressional Budget Act.

   Inserted: SEC. 602. SENSE OF THE SENATE.

   Inserted: It is the sense of the Senate that in order to fund the operations of the Government under chapter 3 of title I of this Act, including $1,500,000,000 for mine resistant ambush protected vehicles, the Committee on Finance of the Senate should report to the Senate not later than 30 days after the date of the enactment of this Act legislation which increases revenues to the Treasury in the amount of $93,500,000,000 during taxable years 2007 through 2011 by reducing scheduled and existing income tax reductions enacted since taxable year 2001 with respect to the top 1 percent of income earners.

   The amendment doesn't say where this goes; the clerk decides.

   Original wording

   At the appropriate place, insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed