Amendment · S.Amdt. 1652· Senate(119-SAMDT-1652)
S.Amdt. 1652
Age: 47 years
Arizona
- Introduced
- 4/3/2025
- Sponsored by
- Ruben Gallego
- Cosponsors
- - 2 - 0
- Changes bill
- 119-HCONRES-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.
- Introduced
- Pending Consideration
What this amendment would do
As an analyst looking out for the everyday folks, let's break down what this amendment is all about in plain English. This is SA 1652, submitted by Mr. Gallego.
Purpose of the Amendment
The purpose of this amendment is to create a deficit-neutral reserve fund. It focuses specifically on Federal tax benefits that make raising children more affordable, which can include putting a child tax credit in place.
What It Aims to Change or Add
The amendment gives the Chairman of the Senate Committee on the Budget the power to change financial allocations and adjustments.
- It allows these financial adjustments for bills, resolutions, or amendments related to making raising children more affordable.
- It comes with a strict rule: any new legislation passed using this fund must not increase the deficit over the total period of fiscal years 2025 through 2034.
- 4/4/2025
- 2 Cosponsors added.
- 4/3/2025
- Senate amendment submitted
Mazie HironoDemocrat · Hawaii
Mark WarnerDemocrat · Virginia