I call up my amendment No. 3815 and ask it be reported by number. The PRESIDING OFFICER. The clerk will report the amendment. The senior assistant legislative clerk read as follows: The Senator from Utah [Mr. Lee] proposes an amendment numbered 3815. The amendment is as follows: (Purpose: To create a point of order against legislation that would cause a net increase in outlays unless the Director of the Congressional Budget Office certifies that inflation is below 3 percent) At the appropriate place in title IV, add the following: SEC. 4___. POINT OF ORDER AGAINST LEGISLATION THAT WOULD CAUSE A NET INCREASE IN OUTLAYS UNLESS THE DIRECTOR OF THE CONGRESSIONAL BUDGET OFFICE CERTIFIES THAT INFLATION IS BELOW 3 PERCENT. (a) Point of Order.--It shall not be in order in the Senate to consider any bill, joint resolution, motion, amendment, amendment between the Houses, or conference report that would cause a net increase in outlays relative to the most recently published Congressional Budget Office baseline unless the Director of the Congressional Budget Office certifies (based on the most recent data available to the Director) that inflation, as measured in either the average of the annualized changes in the 3 most recently published monthly reports on the consumer price index for all-urban consumers published by the Bureau of Labor Statistics of the Department of Labor, or the previous year's unadjusted annual change in that index, is below 3 percent.…
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