Text of Senate Amendment 645

Text of Senate Amendment 645

Congressional Record, Volume 171 Issue 34 (Thursday, February 20, 2025) [Congressional Record Volume 171, Number 34 (Thursday, February 20, 2025)] [Senate] [Page S1221] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 645. Mr. SCHATZ submitted an amendment intended to be proposed by him 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 end of title III, add the following: SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO CONGRESSIONAL OVERSIGHT, WHICH MAY INCLUDE OVERSIGHT OF, STEPS TO PREVENT, OR RESPONSE TO, THE IMPOSITION BY THE PRESIDENT OF TARIFFS ON PRODUCTS OF ALLIES OF THE UNITED STATES, INCLUDING CANADA, AT HIGHER RATES THAN TARIFFS IMPOSED ON PRODUCTS OF THE PEOPLE'S REPUBLIC OF CHINA OR THE RUSSIAN FEDERATION. 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 relating to relating to congressional oversight, which may include oversight of, steps to prevent, or response to the imposition by the President of tariffs on products imported from countries that are allies of the United States, including Canada, at higher rates than tariffs imposed on products imported from the People's Republic of China or the Russian Federation, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2025 through 2034. ______