On the recordFebruary 20, 2025
Mr. President, I call up my amendment No. 198 and ask that it be reported by number. The PRESIDING OFFICER. The clerk will report the amendment by number. The senior assistant legislative clerk read as follows: The Senator from Maine [Mr. King] proposes an amendment numbered 198. The amendment is as follows: (Purpose: To modify the provision relating to the general reserve fund) Beginning on page 52, strike line 20 and all that follows through page 53, line 6, and insert the following: SEC. 3002. DEFICIT-NEUTRAL RESERVE FUND FOR LEGISLATION THAT DOES NOT INCREASE TAX BREAKS FOR THE WEALTHY. (a) Senate.--The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports by the amounts provided in such legislation, provided that such legislation does not reduce the average tax liability of taxpayers with income over $500,000,000 and provided that such legislation would not increase the deficit over the period of the total of fiscal years 2025 through 2034.





