DemocratSecond Degree Amendment · S.Amdt. 1977· Senate(119-SAMDT-1977)

To establish a deficit-neutral reserve fund relating to legislation that does not increase tax breaks for the wealthy.

Rep. Murphy
Age: 53 years
Connecticut
Introduced
4/4/2025
Last activity
4/4/2025 — Amendment SA 1977 not agreed to in Senate by Voice Vote.
Sponsored by
Christopher Murphy
Cosponsors
Democrat - 1Republican - 0
Changes amendment
119-SAMDT-1717
On the 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. Failed

What this amendment would do

  • Mr. Murphy, along with Mr. Blumenthal, proposed this amendment to Mr. Graham's amendment.

  • It adds a deficit-neutral reserve fund relating to legislation that does not increase tax breaks for the wealthy.

  • It allows the Chairman of the Committee on the Budget of the Senate to revise committee allocations, aggregates, and other appropriate levels in the resolution.

  • It allows adjustments to the pay-as-you-go ledger for bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to legislation that does not reduce the average tax liability of taxpayers with income over $500,000,000.

  • This applies provided that such legislation would not increase the deficit over the total of fiscal years 2025 through 2034.