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
- Introduced
- Pending Consideration
What this amendment would do
This amendment, labeled SA 1075, is about making sure Wall Street banks don't get special treatment that hurts our local community banks.
What It Aims to Change or Add
- It adds a new section to the budget resolution specifically for a deficit-neutral reserve fund.
- It allows the Chairman of the Committee on the Budget of the Senate to change allocations, aggregates, and other levels.
- It allows adjustments to the pay-as-you-go ledger for legislation related to eliminating implicit Government subsidies for Wall Street banks.
- It targets subsidies that provide an unfair competitive advantage over community banks.
- It requires that any such legislation would not increase the deficit over the total period of fiscal years 2025 through 2034.
- 2/20/2025
- Senate amendment submitted
This bill has no cosponsors