To establish a deficit-neutral reserve fund to prevent American jobs from being moved overseas by reducing the corporate income tax rate.

1. Adds SEC. ___. DEFICIT-NEUTRAL RESERVE FUND TO PREVENT AMERICAN JOBS FROM BEING MOVED OVERSEAS BY REDUCING THE CORPORATE INCOME TAX RATE wherever appropriate

   Adds a section

   Inserted: SEC. ___. DEFICIT-NEUTRAL RESERVE FUND TO PREVENT AMERICAN JOBS FROM BEING MOVED OVERSEAS BY REDUCING THE CORPORATE INCOME TAX RATE.

   Inserted: 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 preventing American jobs from being moved overseas, which may include a reduction in the corporate income tax rate, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over either the period of the total of fiscal years 2016 through 2020 or the period of the total of fiscal years 2016 through 2025.

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

   Original wording

   At the appropriate place, insert the following:

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As printed