[Congressional Record Volume 167, Number 20 (Wednesday, February 3, 2021)]
[Senate]
[Page S405]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 523. Ms. LUMMIS submitted an amendment intended to be proposed by 
her 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 A 
                   TRANSITION TO BALANCED BUDGETING BY THE UNITED 
                   STATES GOVERNMENT.

       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 a 
     transition to balanced budgeting by the United States 
     Government, which may include requirements that total outlays 
     for any fiscal year not exceed total receipts for that fiscal 
     year, unless three-fifths of the whole number of each House 
     of Congress shall provide by law for a specific excess of 
     outlays over receipts by a roll call vote, or that prior to 
     each fiscal year, the President transmits to the Congress a 
     proposed budget for the United States Government for that 
     fiscal year in which total outlays do not exceed total 
     receipts, with exceptions for periods of lower economic 
     growth, emergencies, and mandatory spending as appropriate, 
     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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