[Congressional Record Volume 171, Number 34 (Thursday, February 20, 2025)]
[Senate]
[Page S1199]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 481. Mr. PETERS submitted an amendment intended to be proposed by 
him to the concurrent resolution S. Con. Res. 7, setting forth the 
congressional budget for the United States Government for fiscal year 
2025 and setting forth the appropriate budgetary levels for fiscal 
years 2026 through 2034; 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 ENSURING 
                   THAT THE UNITED STATES AUTOMOTIVE INDUSTRY CAN 
                   OUTCOMPETE AUTOMAKERS BACKED BY THE GOVERNMENT 
                   OF THE PEOPLE'S REPUBLIC OF 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 that the United States automotive industry can 
     outcompete automakers backed by the Government of the 
     People's Republic of China, including by supporting 
     incentives for vehicles made in the United States, working 
     closely with allies and trade partners like Canada, or taking 
     action to prevent the importation of vehicles from the 
     People's Republic of China, by the amounts provided in such 
     legislation for those purposes, provided that such 
     legislation would not increase the deficit over the period of 
     the total of fiscal years 2025 through 2034.
                                 ______