Elizabeth Warren (D-MA)

S.Amdt. 1464

S.Amdt. 1464 · Senate amendment

A Democratic amendment with no cosponsors

Changes 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.

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

  • Submitted by: Ms. Warren.
  • Purpose: This amendment sets up a deficit-neutral reserve fund.
  • Changes to the Bill: It allows the Chairman of the Committee on the Budget of the Senate to change committee allocations, aggregates, and other levels in the resolution, and adjust the pay-as-you-go ledger. This applies to legislation that does not reduce the average tax liability of corporations with income over $100,000,000, as long as the legislation does not increase the deficit from fiscal year 2025 through 2034.