Catherine Cortez Masto (D-NV)

S.Amdt. 1560

S.Amdt. 1560 · 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

What it does: This amendment sets up a deficit-neutral reserve fund related to lowering prescription drug prices.

  • It allows the Chairman of the Committee on the Budget of the Senate to make adjustments and revise allocations, aggregates, and the pay-as-you-go ledger.
  • These changes are for legislation relating to lowering prescription drug prices.
  • This can include putting monetary penalties on drug manufacturers for commercial market prescription drug sales if their average price goes up faster than the rate of inflation, or putting other policies in place that penalize drug manufacturers for raising prices faster than inflation.
  • The legislation must not increase the deficit over the total of fiscal years 2025 through 2034.