IndependentAmendment · S.Amdt. 1881· Senate(119-SAMDT-1881)

S.Amdt. 1881

Rep. King
Age: 82 years
Maine
Introduced
4/4/2025
Sponsored by
Angus King
Cosponsors
Independent - 0Democrat - 2
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. King, along with Ms. Warren and Mr. Kaine, put forward an amendment numbered SA 1881. The main purpose of this amendment is to set up a deficit-neutral reserve fund dealing with funding for the Internal Revenue Service (IRS).

What It Aims to Change or Add

  • Budget adjustments: It allows the Chairman of the Committee on the Budget of the Senate to change certain budget allocations, aggregates, and the pay-as-you-go ledger for specific bills, resolutions, or amendments.
  • Protecting IRS enforcement: These budget changes are meant for legislation that does not reduce funding for IRS enforcement activities.
  • Targeting wealthy taxpayers: The enforcement activities mentioned may include auditing wealthy taxpayers who have outstanding tax liabilities.
  • Keeping the deficit flat: Any legislation using this fund must not increase the deficit over the total period of fiscal years 2025 through 2034.