To establish a deficit-neutral reserve fund relating to ensuring that all revenue from a fee on carbon pollution is returned to the American people.

SA 646. Mr. WHITEHOUSE submitted an amendment intended to be proposed
by him to the concurrent resolution S. Con. Res. 8, setting forth the
congressional budget for the United States Government for fiscal year
2014, revising the appropriate budgetary levels for fiscal year 2013,
and setting forth the appropriate budgetary levels for fiscal years
2015 through 2023; as follows:

At the end of title III, add the following:

SEC. 3__. DEFICIT-NEUTRAL RESERVE FUND RELATING TO ENSURING
THAT ALL REVENUE FROM A FEE ON CARBON POLLUTION
IS RETURNED TO THE AMERICAN PEOPLE.

The Chairman of the Committee on the Budget of the Senate
may revise the allocations of a committee or committees,
aggregates, and other appropriate levels in this resolution
for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports
relating to the establishment of a fee on carbon pollution,
provided that--

[[Page S2361]]

(1) all revenue from such fee is returned to the American
people in the form of Federal deficit reduction, reduced
Federal tax rates, cost savings, or other direct benefits;
and
(2) such legislation would not increase the deficit over
either the period of the total of fiscal years 2013 through
2018 or the period of the total of fiscal years 2013 through
2023.
______