[Congressional Record Volume 171, Number 34 (Thursday, February 20, 2025)]
[Senate]
[Page S1301]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1218. Mr. PADILLA 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 appropriate place in title IV, add the following:

     SEC. 4___. PROHIBITING THE USE OF TARIFFS AS AN OFFSET.

       In the Senate and the House of Representatives, for 
     purposes of determining points of order under the 
     Congressional Budget Act of 1974 (2 U.S.C. 621 et seq.) or 
     any concurrent resolution on the budget, any provision that 
     imposes tariffs that would increase consumer costs or the 
     cost of living shall not be counted in estimating the level 
     of budget authority, outlays, or revenues for the purpose of 
     offsetting tax cuts for individuals who earn more than 
     $10,000,000 annually.
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