S.Amdt. 4780Senate111th Congress (2009-2011)2nd degree

S.Amdt. 4780

Submitted December 13, 2010

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Senate amendment submitted

December 13, 2010

Text

Submitted

SA 4780. Mr. WARNER (for himself and Mr. Chambliss) submitted an
amendment intended to be proposed to amendment SA 4753 proposed by Mr.
Reid (for himself and Mr. McConnell) to the bill H.R. 4853, to amend
the Internal Revenue Code of 1986 to extend the funding and expenditure
authority of the Airport and Airway Trust Fund, to amend title 49,
United States Code, to extend authorizations for the airport
improvement program, and for other purposes; which was ordered to lie
on the table; as follows:

On page 74, after line 6, add:

SEC. 803. SENSE OF THE SENATE REGARDING THE FEDERAL DEBT AND
BUDGET DEFICIT.

(a) Findings.--The Senate finds that:
(1) The Federal tax code is in need of significant and
comprehensive reform.
(2) The way forward to overcome the challenges to
strengthen our economy for future generations is in a bi-
partisan manner.
(b) Sense of the Senate.--It is the sense of the Senate
that:
(1) The American people want Congress and the Executive
Branch to address the issue of unsustainable deficits and
debt in a bi-partisan way, focusing on a civil policy-
oriented discussion.
(2) A comprehensive plan for addressing the fiscal concerns
facing our Nation should be considered by the United States
Senate by the end of calendar year 2011.
(3) The fundamental cornerstones of this plan will be tax
reform, spending restraint, and debt and deficit reduction.
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