[Congressional Record Volume 161, Number 50 (Wednesday, March 25, 2015)]
[Senate]
[Pages S1948-S1949]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 919. Mr. REED (for himself and Mr. Whitehouse) submitted an 
amendment intended to be proposed by him to the concurrent resolution 
S. Con. Res. 11, setting forth the congressional

[[Page S1949]]

budget for the United States Government for fiscal year 2016 and 
setting forth the appropriate budgetary levels for fiscal years 2017 
through 2025; which was ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO 
                   ELIMINATING DEDUCTIONS FOR CORPORATE 
                   COMPENSATION IN EXCESS OF $1,000,000.

       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 
     for one or more bills, joint resolutions, amendments, 
     amendments between the Houses, motions, or conference reports 
     relating to excessive subsidization in the tax code of 
     corporate compensation, which may include eliminating 
     deductions for corporate compensation in excess of 
     $1,000,000, by the amounts provided in such legislation for 
     those purposes, provided that such legislation would not 
     increase the deficit over either the period of the total of 
     fiscal years 2016 through 2020 or the period of the total of 
     fiscal years 2016 through 2025.
                                 ______