[Congressional Record Volume 163, Number 169 (Thursday, October 19, 2017)]
[Senate]
[Page S6696]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1559. 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 STUDENT 
                   LOAN REFINANCING.

       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 
     student loan refinancing to help middle class families and 
     borrowers with outstanding Federal and private student loans 
     to refinance at the equivalent interest rates that were 
     offered to Federal student loan borrowers during the 2016-
     2017 school year and to fully offset the cost of such a 
     program by requiring millionaires to pay at least a 30 
     percent effective Federal tax rate, 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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