S.Amdt. 1762Senate119th Congress (2025-2027)

S.Amdt. 1762

Submitted April 4, 2025

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Senate amendment submitted

April 4, 2025

Text

Submitted

SA 1762. Mr. SCHATZ (for himself, Mr. Kaine, Mr. Welch, Ms.
Alsobrooks, Mr. Warnock, and Ms. Hirono) submitted an amendment
intended to be proposed by him to the concurrent resolution H. Con.
Res. 14, establishing the congressional budget for the United States
Government for fiscal year 2025 and setting forth the appropriate
budgetary levels for fiscal years 2026 through 2034; which was ordered
to lie on the table; as follows:

At the appropriate place, insert the following:

[[Page S2381]]

SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO
TERMINATING THE NATIONAL EMERGENCY DECLARED ON
APRIL 2, 2024.

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
limiting tariffs, which may include terminating the national
emergency relating to bilateral trade relationships declared
by the President on April 2, 2024, in the Executive Order
entitled ``Regulating Imports with a Reciprocal Tariff to
Rectify Trade Practices that Contribute to Large and
Persistent Annual United States Goods Trade Deficits'', 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 2025 through
2034.
______