CONGRESS FOR VOTERS

DemocratAmendment · S.Amdt. 1753· Senate(119-SAMDT-1753)

S.Amdt. 1753

Rep. Reed
Age: 77 years
Rhode Island
Introduced
4/3/2025
Sponsored by
John Reed
Cosponsors
Democrat - 4Republican - 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.
  1. Introduced
  2. Pending Consideration

What this amendment would do

Mr. Reed, along with several other senators, put forward an amendment numbered SA 1753. Since we are here to keep an eye on how things work for the everyday person, let's break down what this actually does in plain English.

The Purpose of the Amendment

The purpose of this amendment is to set up a reserve fund that relates to building 5,000,000 new homes. It gives the Chairman of the Committee on the Budget of the Senate the power to make changes and adjustments to certain budget allocations, aggregates, and the pay-as-you-go ledger.

What It Aims to Change or Add

The amendment aims to allow these budget adjustments for specific kinds of legislation. Here is what can be included:

  • Building 5,000,000 new housing units
  • Investments in the Housing Trust Fund
  • Investments in the HOME Investment Partnerships program
  • Investments to lower regulatory barriers to new home construction