S.Amdt. 1765Senate119th Congress (2025-2027)

S.Amdt. 1765

Submitted April 4, 2025

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Senate amendment submitted

April 4, 2025

Text

Submitted

SA 1765. Mr. SCHATZ 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:

SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO LIMITING
TARIFFS AGAINST FIVE EYES COUNTRIES.

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 prohibiting baseline or
individualized tariffs against allied countries that are
members of the Five Eyes Intelligence Oversight and Review
Council, 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.
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