Elizabeth Warren (D-MA)

S.Amdt. 1057

S.Amdt. 1057 · Senate amendment

A Democratic amendment with no cosponsors

Changes S.Con.Res. 7 — An original concurrent resolution 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.

Offered

Offered, and not voted on yet. Most amendments never get a vote: the Senate takes up the bill and moves on without them.

Its path through Congress

  1. Introduced
  2. Pending Consideration

What this amendment would do

Ms. Warren submitted SA 1057, which is an amendment intended to be proposed for the congressional budget for the United States Government for fiscal year 2025 and for fiscal years 2026 through 2034.

What It Aims to Change or Add

The amendment adds a new section to the end of title III that creates a deficit-neutral reserve fund.

  • Addressing Complaints: It relates to addressing politically motivated debanking complaints by consumers and small businesses.
  • Budget Adjustments: It allows the Chairman of the Committee on the Budget of the Senate to revise committee allocations, aggregates, and other appropriate levels, and make adjustments to the pay-as-you-go ledger for certain legislation.
  • The Catch: This can only happen for legislation that would not increase the deficit over the total period of fiscal years 2025 through 2034.