S.Amdt. 240

SA 240. Mr. LEE submitted an amendment intended to be proposed by him
to the concurrent resolution S. Con. Res. 5, setting forth the
congressional budget for the United States Government for fiscal year
2021 and setting forth the appropriate budgetary levels for fiscal
years 2022 through 2030; which was ordered to lie on the table; as
follows:

At the appropriate place in title IV, add the following:

SEC. 40__. POINT OF ORDER AGAINST LEGISLATION INCREASING THE
DEFICIT DUE TO INTEREST EFFECTS.

(a) Point of Order.--It shall not be in order in the Senate
to consider any bill, joint resolution, amendment, motion, or
conference report (except measures within the jurisdiction of
the Committee on Appropriations) that, due to the effects of
interest, would cause a net increase in the deficit in excess
of $120,000,000 in any fiscal year provided for in the most
recently adopted concurrent resolution on the budget unless
it is fully offset over the period of all fiscal years
provided for in the most recently adopted concurrent
resolution on the budget.
(b) Supermajority Waiver and Appeal in the Senate.--
(1) Waiver.--This section may be waived or suspended only
by the affirmative vote of two-thirds of the Members, duly
chosen and sworn.
(2) Appeal.--An affirmative vote of three-fifths of the
Members, duly chosen and sworn, shall be required to sustain
an appeal of the ruling of the Chair on a point of order
raised under this section.
(c) Determinations of Budget Levels.--For purposes of this
section, the levels shall be determined on the basis of
estimates provided by the Senate Committee on the Budget.
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