S.Amdt. 3406

SA 3406. Mr. HAGERTY submitted an amendment intended to be proposed
by him to the concurrent resolution S. Con. Res. 14, setting forth the
congressional budget for the United States

[[Page S6354]]

Government for fiscal year 2022 and setting forth the appropriate
budgetary levels for fiscal years 2023 through 2031; 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 TO REDUCE SPENDING IF
INFLATION CONTINUES TO INCREASE.

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
controlling increases in inflation stemming from Government
spending, which may include reductions in spending to prevent
inflation from increasing, 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 2022 through 2026 or the
period of the total of fiscal years 2022 through 2031.
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