[Congressional Record Volume 167, Number 20 (Wednesday, February 3, 2021)]
[Senate]
[Page S382]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 382. Mr. SCOTT of Florida 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 end of title III, add the following:
SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO REQUIRING
EQUIVALENT REDUCTIONS IN DISCRETIONARY SPENDING
FOR ANY INCREASE IN THE DEBT LIMIT.
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
establishing appropriate requirements for increasing the
limit on the debt held by the public, which may include
requiring legislation increasing the limit on the debt held
by the public to include an equivalent reduction in
discretionary spending, 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 2021 through 2025 or the
period of the total of fiscal years 2021 through 2030.
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