DemocratAmendment · S.Amdt. 708· Senate(119-SAMDT-708)

S.Amdt. 708

Rep. Bennet
Age: 62 years
Colorado
Introduced
2/20/2025
Sponsored by
Michael Bennet
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.
  1. Introduced
  2. Pending Consideration

What this amendment would do

Mr. Bennet submitted SA 708, which is an amendment intended to be proposed for the concurrent resolution on the budget for fiscal year 2025. Common sense tells us we need to hold our officials accountable for how they handle funds, and this amendment deals with setting up a reserve fund.

The Purpose of the Amendment

The purpose of this amendment is to create a deficit-neutral reserve fund relating to security assistance for trilateral exercises among the United States, Japan, and spatial Philippines.

What it Aims to Change or Add

  • It adds a new section to title III of the budget resolution.
  • It allows the Chairman of the Committee on the Budget of the Senate to revise committee allocations, aggregates, and other appropriate levels.
  • It makes adjustments to the pay-as-you-go ledger for legislation relating to increasing security assistance enabling trilateral exercises among the United States, Japan, and the Philippines.
  • It ensures that any such legislation would not increase the deficit over the total period of fiscal years 2025 through 2034.