Peter Welch (D-VT)

S.Amdt. 1483

S.Amdt. 1483 · 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

This amendment would add a new section to the budget resolution regarding a deficit-neutral reserve fund.

The Chairman of the Committee on the Budget of the Senate would be allowed to change the spending limits of committees or other budget levels.

The Chairman could also make adjustments to the pay-as-you-go ledger, which is a record used to track the costs of legislation that changes existing laws.

These changes would apply to bills, resolutions, or other legislative actions that aim to prohibit raising the cost of prescription drugs for seniors.

The adjustment can only be made if the legislation does not increase the deficit, which is the gap between what the government spends and what it takes in, during the years 2025 through 2034.