CONGRESS FOR VOTERS

DemocratAmendment · S.Amdt. 2040· Senate(119-SAMDT-2040)

S.Amdt. 2040

Rep. Booker
Age: 57 years
New Jersey
Introduced
4/4/2025
Sponsored by
Cory Booker
Cosponsors
None
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

As an analyst keeping an eye on how our government operates, let us break down what Mr. Booker is trying to do with this amendment. The text puts forward a deficit-neutral reserve fund relating to jobs created by the Inflation Reduction Act.

Purpose and Changes

  • The amendment allows the Chairman of the Committee on the Budget of the Senate to make adjustments and revise allocations, aggregates, and the pay-as-you-go ledger for specific legislation.
  • These changes are meant for matters relating to maintaining good-paying jobs across the United States.
  • This may include protecting the incentives and programs under Public Law 117-169, which is commonly known as the Inflation Reduction Act of 2022.
  • The text notes these programs are estimated to have already created more than 400,000 new clean energy jobs, with $422,000,000,000 in investments across 48 States and Puerto Rico already announced.
  • The catch is that any such legislation would not increase the deficit over the total period of fiscal years 2025 through 2034.