Amendment · S.Amdt. 498· Senate(119-SAMDT-498)
S.Amdt. 498
- Introduced
- 2/20/2025
- Sponsored by
- Amy Klobuchar
- Cosponsors
- None
- Changes bill
- 119-SCONRES-7 — An original concurrent resolution setting forth 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.
- Introduced
- Pending Consideration
What this amendment would do
What the Amendment Does
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Senator Klobuchar submitted amendment SA 498, which proposes adding a new section to title III of the concurrent resolution.
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The purpose of this amendment is to create a deficit-neutral reserve fund relating to lowering the cost of prescription drugs.
Changes and Additions to the Bill
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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.
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It allows the Chairman to make adjustments to the pay-as-you-go ledger for legislation relating to lowering the cost of prescription drugs.
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It specifies that this can include capping the cost of certain generic prescription drugs under the Medicare program.
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It requires that any such legislation does not increase the deficit over the total period of fiscal years 2025 through 2034.
- 2/20/2025
- Senate amendment submitted
This bill has no cosponsors