Text of Senate Amendment 416

Text of Senate Amendment 416

Congressional Record, Volume 171 Issue 34 (Thursday, February 20, 2025) [Congressional Record Volume 171, Number 34 (Thursday, February 20, 2025)] [Senate] [Page S1190] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 416. Mrs. SHAHEEN submitted an amendment intended to be proposed by her to the concurrent resolution S. Con. Res. 7, 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; which was ordered to lie on the table; as follows: At the appropriate place in title IV, add the following: SEC. 4___. POINT OF ORDER AGAINST LEGISLATION SIGNIFICANTLY INCREASING THE DEFICIT WHEN INTEREST EXPENSES ARE ALREADY HIGH. (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, based on estimates prepared by the Congressional Budget Office, would increase the deficit by more than $100,000,000,000 over the period of the budget year and the ensuing 9 fiscal years if the most recent budget and economic outlook by the Congressional Budget Office projects net Federal interest outlays of more than 3 percent of the gross domestic product of the United States in any of the those years. (b) Waiver and Appeal.--Subsection (a) may be waived or suspended in the Senate only by an affirmative vote of three- fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (a). ______