CONGRESS FOR VOTERS

DemocratAmendment · S.Amdt. 1764· Senate(119-SAMDT-1764)

S.Amdt. 1764

Rep. Schatz
Age: 54 years
Hawaii
Introduced
4/4/2025
Sponsored by
Brian Schatz
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

  • This amendment was submitted by Mr. Schatz, along with Mr. Welch, Ms. Alsobrooks, Mr. Peters, and Mr. Kim.

  • It sets up a deficit-neutral reserve fund relating to investigating the legitimacy of using the International Emergency Economic Powers Act to impose tariffs against allies.

  • It aims to allow the Chairman of the Committee on the Budget of the Senate to revise allocations, aggregates, and other levels, and make adjustments to the pay-as-you-go ledger for legislation relating to tariff authorities.

  • This includes investigating whether it is legitimate to use the International Emergency Economic Powers Act to put tariffs on allied countries that do not pose a national security or economic threat to the United States.

Purpose of the Change

  • The purpose is to make room for legislation about tariff authorities, specifically allowing for investigations into using the International Emergency Economic Powers Act against allies who are not a threat.

  • The rule for this fund is that the legislation cannot increase the deficit over the total period of fiscal years 2025 through 2034.