Sheldon Whitehouse (D-RI)

S.Amdt. 1612

S.Amdt. 1612 · 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 deficit-neutral reserve fund to the concurrent resolution.

The Chairman of the Committee on the Budget of the Senate would be allowed to change committee allocations, aggregates, and other budgetary 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 revenues or spending.

These changes would apply to bills, joint resolutions, amendments, motions, or conference reports that relate to making corporations pay their fair share in taxes.

This could include rolling back tax breaks for large companies that have merged.

The adjustments would be for the amounts provided in such legislation, as long as the legislation does not increase the deficit between fiscal years 2025 and 2034.