Elizabeth Warren (D-MA)
To establish a deficit-neutral reserve fund relating to legislation that does not increase tax breaks for wealthy corporations.
A Democratic amendment with no cosponsors
Changes S.Amdt. 1717, an amendment to 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.
Last activity — Amendment SA 1647 not agreed to in Senate by Voice Vote.
Failed
The Senate voted this amendment down by voice vote, so no member's position was written down.
Its path through Congress
- Introduced
- Failed
What this amendment would do
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Creates a reserve fund: This amendment sets up what we call a deficit-neutral reserve fund for the Senate Budget Committee Chairman to use.
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Focuses on corporate taxes: It allows for budget adjustments for legislation that does not reduce the average tax liability of corporations with income over $1,000,000,000.
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Protects the budget: Any legislation handled through this fund must not increase the deficit over the total period of fiscal years 2025 through 2034.
- 4/4/2025
- Senate amendment not agreed to: Amendment SA 1647 not agreed to in Senate by Voice Vote.
- Senate amendment proposed (on the floor): Amendment SA 1647 proposed by Senator Warren to Amendment SA 1717.
- Amendment SA 1647 proposed by Senator Warren to Amendment SA 1717. (consideration: CR S2348) To establish a deficit-neutral reserve fund relating to legislation that does not increase tax breaks for wealthy corporations.
- Amendment SA 1647 not agreed to in Senate by Voice Vote.
- 4/3/2025
- Senate amendment submitted
This bill has no cosponsors