S.Amdt. 734Senate119th Congress (2025-2027)
To modify the provision relating to the general reserve fund.
Sponsored by
Sen. Elizabeth Warren (D-MA)
Submitted February 20, 2025
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Senate amendment not agreed to: Amendment SA 734 not agreed to in Senate by Voice Vote.
February 21, 2025
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Senate amendment not agreed to: Amendment SA 734 not agreed to in Senate by Voice Vote.
February 21, 2025
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Senate amendment proposed (on the floor): Amendment SA 734 proposed by Senator Warren.
February 21, 2025
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Amendment SA 734 proposed by Senator Warren. (consideration: CR S1116) To modify the provision relating to the general reserve fund.
February 21, 2025
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Amendment SA 734 not agreed to in Senate by Voice Vote.
February 21, 2025
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Senate amendment submitted
February 20, 2025
Text
Submitted
SA 734. Ms. WARREN proposed an amendment intended to be proposed by her to the concurrent resolution S. Con. Res. 7, setting forth 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: Beginning on page 52, strike line 20 and all that follows through page 53, line 6, and insert the following: SEC. 3002. DEFICIT-NEUTRAL RESERVE FUND FOR LEGISLATION THAT DOES NOT INCREASE TAX BREAKS FOR THE WEALTHY. (a) Senate.--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 [[Page S1234]] more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports by the amounts provided in such legislation, provided that such legislation does not reduce the average tax liability of taxpayers with income over $10,000,000 and provided that such legislation would not increase the deficit over the period of the total of fiscal years 2025 through 2034. ______