[Congressional Record Volume 163, Number 169 (Thursday, October 19, 2017)]
[Senate]
[Page S6670]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1457. Mr. REED (for himself and Ms. Warren) 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 
                   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, 
     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 
     reforming the Federal student loan programs under title IV of 
     the Higher Education Act of 1965 (20 U.S.C. 1070 et seq.) 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 2018 through 2022 or the period of the total of fiscal 
     years 2018 through 2027.
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