[Congressional Record Volume 161, Number 51 (Thursday, March 26, 2015)]
[Senate]
[Page S2064]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 994. Mr. BROWN (for himself and Mr. Vitter) 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; as follows:
At the appropriate place, insert the following:
SEC. ___. DEFICIT-NEUTRAL RESERVE FUND TO END ``TOO BIG TO
FAIL'' BAILOUTS FOR WALL STREET MEGA-BANKS
(OVER $500 BILLION IN TOTAL ASSETS).
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 any bank holding companies with over
$500,000,000,000 in total assets to better protect taxpayers,
including such measures as capital or leverage requirements,
restrictions on the growth, activities, or operations of a
company, or divestiture of assets or operations of any
company that is unable to present a credible plan to
facilitate an orderly bankruptcy or resolution, without
raising new revenue, 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.
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