the way I have drafted the amendment is to use a technique that has been commonly used in the budget resolution of creating a deficit-neutral reserve fund. That means the committee of jurisdiction, the Finance Committee in this case, would be required to come up with an offset for the cost to avoid an impact on the budget. I do not have a cost estimate from CBO yet on the proposal. It is not an expensive tax incentive, but we have followed the wisdom and advice of the leaders of the Budget Committee by drafting it in such a way that it would not have a budget impact.
Susan Collins: “the way I have drafted the amendment is to use a technique that has been commonly used in the budget resolution of…”
Editor's note · Context
Discussing the drafting of an amendment related to budget resolutions and tax incentives.
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