[Congressional Record Volume 167, Number 20 (Wednesday, February 3, 2021)]
[Senate]
[Page S361]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 240. Mr. LEE submitted an amendment intended to be proposed by him 
to the concurrent resolution S. Con. Res. 5, setting forth the 
congressional budget for the United States Government for fiscal year 
2021 and setting forth the appropriate budgetary levels for fiscal 
years 2022 through 2030; which was ordered to lie on the table; as 
follows:

       At the appropriate place in title IV, add the following:

     SEC. 40__. POINT OF ORDER AGAINST LEGISLATION INCREASING THE 
                   DEFICIT DUE TO INTEREST EFFECTS.

       (a) Point of Order.--It shall not be in order in the Senate 
     to consider any bill, joint resolution, amendment, motion, or 
     conference report (except measures within the jurisdiction of 
     the Committee on Appropriations) that, due to the effects of 
     interest, would cause a net increase in the deficit in excess 
     of $120,000,000 in any fiscal year provided for in the most 
     recently adopted concurrent resolution on the budget unless 
     it is fully offset over the period of all fiscal years 
     provided for in the most recently adopted concurrent 
     resolution on the budget.
       (b) Supermajority Waiver and Appeal in the Senate.--
       (1) Waiver.--This section may be waived or suspended only 
     by the affirmative vote of two-thirds of the Members, duly 
     chosen and sworn.
       (2) Appeal.--An affirmative vote of three-fifths of the 
     Members, duly chosen and sworn, shall be required to sustain 
     an appeal of the ruling of the Chair on a point of order 
     raised under this section.
       (c) Determinations of Budget Levels.--For purposes of this 
     section, the levels shall be determined on the basis of 
     estimates provided by the Senate Committee on the Budget.
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