S.Amdt. 1765Senate119th Congress (2025-2027)
S.Amdt. 1765
Sponsored by
Sen. Brian Schatz (D-HI)
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. ______