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

  SA 923. Mr. REED submitted an amendment intended to be proposed by 
him to the concurrent resolution S. Con. Res. 11, setting forth the 
congressional 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 NEGATIVE SUBSIDIES IN THE FEDERAL 
                   STUDENT LOAN PROGRAM AND REDUCING COSTS FOR 
                   BORROWERS.

       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 reforming the Federal student loan programs to 
     eliminate negative subsidies and reduce costs for borrowers 
     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.
                                 ______