A Democratic amendment with no cosponsors
Changes S.Con.Res. 7 — An original concurrent resolution setting forth 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
- Introduced
- Pending Consideration
What this amendment would do
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The amendment sets up a deficit-neutral reserve fund.
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It allows the Chairman of the Senate Committee on the Budget to change budget allocations and adjust the pay-as-you-go ledger for specific legislation.
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These changes are meant for bills or amendments related to supporting programs that reduce barriers to homeownership.
The Purpose
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The stated purpose is to help fund programs that make it easier for people to buy a home.
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According to the text, these programs may include down payment assistance and first-time homebuyer tax credits.
The Catch
- There is a strict rule attached: any legislation passed using this fund would not increase the deficit over the total period of fiscal years 2025 through 2034.
- 2/20/2025
- Senate amendment submitted
This bill has no cosponsors