[Congressional Record Volume 163, Number 168 (Wednesday, October 18, 2017)]
[Senate]
[Page S6578]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1326. Mr. SCHUMER (for Mr. Menendez) submitted an amendment 
intended to be proposed to amendment SA 1116 proposed by Mr. Enzi to 
the concurrent resolution H. Con. Res. 71, establishing the 
congressional budget for the United States Government for fiscal year 
2018 and setting forth the appropriate budgetary levels for fiscal 
years 2019 through 2027; 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 PROVIDING 
                   AN EXCLUSION FROM GROSS INCOME FOR FORGIVEN 
                   STUDENT LOANS.

       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 
     excluding forgiven student loans from income for tax 
     purposes, 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 2018 through 2022 or the period of the total of 
     fiscal years 2018 through 2027.
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