CONGRESS FOR VOTERS

DemocratAmendment · S.Amdt. 1762· Senate(119-SAMDT-1762)

S.Amdt. 1762

Rep. Schatz
Age: 54 years
Hawaii
Introduced
4/4/2025
Sponsored by
Brian Schatz
Cosponsors
Democrat - 5Republican - 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

  • Introduced by: Mr. Schatz, along with several other senators.

  • Purpose: The amendment sets up a deficit-neutral reserve fund.

  • What it aims to change or add: It allows the Chairman of the Committee on the Budget of the Senate to make adjustments and revise allocations for legislation related to limiting tariffs, which can include ending the national emergency concerning bilateral trade relationships that the President declared on April 2, 2024.

  • Key Condition: Any legislation using this fund must not increase the deficit from fiscal year 2025 through fiscal year 2034.