Amendment · S.Amdt. 1218· Senate(119-SAMDT-1218)
S.Amdt. 1218
Age: 53 years
California
- Introduced
- 2/21/2025
- Sponsored by
- Alex Padilla
- Cosponsors
- None
- Changes bill
- 119-SCONRES-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.
- Introduced
- Pending Consideration
What this amendment would do
Mr. Padilla submitted this amendment to keep our elected officials accountable when they deal with the federal budget. Looking out for the everyday folks, this amendment stops a specific budget trick in Congress.
What It Changes in the Bill
The amendment adds a new rule to the budget process in both the Senate and the House of Representatives.
- Stops Tariff Offsets: It makes sure that any tariffs that increase consumer costs or the cost of living cannot be counted as a budget offset.
- Protects Against Tax Cuts for the Wealthy: Specifically, these tariff costs cannot be used to offset tax cuts for individuals who earn more than $10,000,000 annually.
- 2/21/2025
- Senate amendment submitted
This bill has no cosponsors