[Congressional Record Volume 167, Number 145 (Tuesday, August 10, 2021)]
[Senate]
[Page S6342]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3327. Mr. SASSE (for himself, Mr. Toomey, and Mr. Lankford) 
submitted an amendment intended to be proposed by him to the concurrent 
resolution S. Con. Res. 14, setting forth the congressional budget for 
the United States Government for fiscal year 2022 and setting forth the 
appropriate budgetary levels for fiscal years 2023 through 2031; 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 
                   SAFEGUARDING THE COMPETITIVENESS OF AMERICAN 
                   COMPANIES AGAINST CHINA.

       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 
     ensuring the tax competitiveness of American businesses 
     against China, which may include eliminating increases in the 
     global minimum tax applicable to American companies under 
     section 250 or 951A of the Internal Revenue Code of 1986 
     unless China has enacted a global minimum tax applicable to 
     its domestic companies, 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 2022 through 2026 or the 
     period of the total of fiscal years 2022 through 2031.
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