To establish a reserve fund relating to increasing the progressivity of the tax code.

SA 3569. Mr. WYDEN proposed an amendment to the concurrent resolution
S. Con. Res. 14, setting forth the congressional budget for the United
States Government for fiscal year 2022 and setting forth the
appropriate budgetary levels for fiscal years 2023 through 2031; as
follows:

At the end of title III, add the following:

SEC. 3___. RESERVE FUND RELATING TO INCREASING THE
PROGRESSIVITY OF THE TAX CODE.

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
changes in Federal tax law, which may include raising taxes
on the wealthiest 0.1 percent of taxpayers while reducing
taxes on low- and middle-income taxpayers, by the amounts
provided in such legislation for those purposes, provided
that such legislation would not increase the deficit over the
period of the total of fiscal years 2022 through 2031.
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