S.Amdt. 1560

SA 1560. Ms. WARREN (for herself and Mr. Brown) submitted an
amendment intended to be proposed to amendment SA 1116 proposed by Mr.
Enzi to the concurrent resolution H. Con. Res. 71, establishing the
congressional budget for the United States Government for fiscal year
2018 and setting forth the appropriate budgetary levels for fiscal
years 2019 through 2027; which was ordered to lie on the table; as
follows:

At the end of title III, add the following:

SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO FEDERAL
STUDENT LOAN BORROWERS ELIGIBLE FOR A BORROWER
DEFENSE TO REPAYMENT.

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,
and make adjustments to the pay-as-you-go ledger, for one or
more bills, joint resolutions, amendments, amendments between
the Houses, motions, or conference reports relating to
Federal student loan borrowers eligible for a borrower
defense to repayment in order to automatically discharge the
total amount of Federal student loans of all borrowers who
attended Corinthian Colleges or ITT Educational Services, and
all other Federal student loan borrowers eligible for a
borrower defense to repayment under section 455(h) of the
Higher Education Act of 1965 (20 U.S.C. 1087e(h)), 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 2018
through 2022 or the period of the total of fiscal years 2018
through 2027.
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