S.Amdt. 2734

1. Replaces the bill's text with a full substitute

   Replaces the full textEverything after the enacting clause

   In S. 1963 · Placed on Calendar Senate

   SECTION 1. REPEAL OF CERTAIN REDUCTIONS MADE BY THE BIPARTISAN BUDGET ACT OF 2013.

   [inserted: (a) Adjustment of Retirement Pay.--]Section 403 of the Bipartisan Budget Act of 2013 [struck: (Public Law 113- 67) ]is repealed as of the date of the enactment of such Act.

   Inserted: (b) Conforming Amendment.--Title X of the Department of Defense Appropriations Act, 2014 (division C of Public Law 113-76) is hereby repealed.

   Inserted: SEC. 2. REDUCTION OF NONMEDICARE, NONDEFENSE DIRECT SPENDING.

   Inserted: Section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 901a) is amended by adding at the end the following:

   Inserted: "(11) Additional reduction of nonmedicare, nondefense direct spending.--

   Inserted: "(A) In general.--For each of fiscal years 2015 through 2023, in addition to the reduction in direct spending under paragraph (6), on the date specified in paragraph (2), OMB shall prepare and the President shall order a sequestration, effective upon issuance, reducing the spending described in subparagraph (B) by the uniform percentage necessary to reduce such spending for the fiscal year by $757,000,000.

   Inserted: "(B) Spending covered.--The spending described in this subparagraph is spending that is--

   Inserted: "(i) nonexempt direct spending;

   Inserted: "(ii) not spending for the Medicare programs specified in section 256(d); and

   Inserted: "(iii) within the revised nonsecurity category.".

   Original wording

   Strike all after the enacting clause and insert the following:

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

As printed