Pandemic Darlings The pandemic economy, in original documents
Home Source documents Amendments to S. Con. Res. 5, Page S404 — Congressional Record, Senate, February 3, 2021

Amendments to S. Con. Res. 5, Page S404 — Congressional Record, Senate, February 3, 2021

Summary

Senate page S404 of the Congressional Record dated February 3, 2021, listing amendments to the concurrent resolution setting forth the congressional budget. Graham and Lummis are named as submitting amendments, which were ordered to lie on the table. The deficit-neutral reserve funds printed relate to maintaining the United States Embassy in Jerusalem, Israel, ensuring adequate funding to counter Chinese aggression, recovering payments resulting from fraud in mandatory spending programs, and suspension of the Federal estate tax from 2026 through 2030. Another provision covers emerging uses of technology in banking, including Bank Secrecy Act enforcement.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Cite this document

“Amendments to S. Con. Res. 5, Page S404 — Congressional Record, Senate, February 3, 2021.” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/crec-crec-2021-02-03-crec-2021-02-03-pt1-pgs404-6-ce9ba64ce1/, SHA-256 f11135a201dc9770eb6e935e36346d4d8cdddf3157200810e1483669636b9c10.

Full text

                                               S404                                              CONGRESSIONAL RECORD — SENATE                                                        February 3, 2021
                                                 SA 512. Mr. GRAHAM submitted an                       gates, and other appropriate levels in this             be required to sustain an appeal of the ruling
                                               amendment intended to be proposed by                    resolution, and make adjustments to the                 of the Chair on a point of order raised under
                                               him to the concurrent resolution S.                     pay-as-you-go ledger, for one or more bills,            subsection (a).
                                                                                                       joint resolutions, amendments, amendments
                                               Con. Res. 5, setting forth the congres-
                                                                                                       between the Houses, motions, or conference                SA 517. Ms. LUMMIS submitted an
                                               sional budget for the United States                     reports relating to the United States Em-               amendment intended to be proposed by
                                               Government for fiscal year 2021 and                     bassy in Jerusalem, Israel, maintaining its             her to the concurrent resolution S.
                                               setting forth the appropriate budgetary                 current location and level of operations,               Con. Res. 5, setting forth the congres-
                                               levels for fiscal years 2022 through 2030;              which may include current funding levels
                                                                                                                                                               sional budget for the United States
                                               which was ordered to lie on the table;                  and security, by the amounts provided in
                                                                                                       such legislation for those purposes, provided           Government for fiscal year 2021 and
                                               as follows:
                                                                                                       that such legislation would not increase the            setting forth the appropriate budgetary
                                                 At the end of title III, add the following:
                                                                                                       deficit over either the period of the total of          levels for fiscal years 2022 through 2030;
                                               SEC. 3lll. DEFICIT-NEUTRAL RESERVE FUND
                                                         RELATING TO ENSURING ADEQUATE                 fiscal years 2021 through 2025 or the period of         which was ordered to lie on the table;
                                                         FUNDING TO COUNTER CHINESE AG-                the total of fiscal years 2021 through 2030.            as follows:
                                                         GRESSION.                                                                                               At the end of title III, add the following:
                                                 The Chairman of the Committee on the                    SA 515. Ms. LUMMIS submitted an
                                                                                                                                                               SEC. 3lll. DEFICIT-NEUTRAL RESERVE FUND
                                               Budget of the Senate may revise the alloca-             amendment intended to be proposed by                              RELATING TO RECOVERING PAY-
                                               tions of a committee or committees, aggre-              her to the concurrent resolution S.                               MENTS RESULTING FROM FRAUD IN
                                               gates, and other appropriate levels in this             Con. Res. 5, setting forth the congres-                           MANDATORY SPENDING PROGRAMS.
                                               resolution, and make adjustments to the                 sional budget for the United States                       The Chairman of the Committee on the
                                               pay-as-you-go ledger, for one or more bills,            Government for fiscal year 2021 and                     Budget of the Senate may revise the alloca-
                                               joint resolutions, amendments, amendments                                                                       tions of a committee or committees, aggre-
                                                                                                       setting forth the appropriate budgetary
                                               between the Houses, motions, or conference                                                                      gates, and other appropriate levels in this
                                               reports relating to ensuring adequate fund-             levels for fiscal years 2022 through 2030;              resolution, and make adjustments to the
                                               ing to counter Chinese aggression by the                which was ordered to lie on the table;                  pay-as-you-go ledger, for one or more bills,
                                               amounts provided in such legislation for                as follows:                                             joint resolutions, amendments, amendments
                                               those purposes, provided that such legisla-                  At the end of title III, add the following:        between the Houses, motions, or conference
                                               tion would not increase the deficit over ei-            SEC. 3lll. DEFICIT-NEUTRAL RESERVE FUND                 reports relating to recovering payments re-
                                               ther the period of the total of fiscal years                      RELATING TO SUSPENSION OF THE                 sulting from fraud in mandatory spending
                                               2021 through 2025 or the period of the total of                   FEDERAL ESTATE TAX FROM 2026                  programs, which may include requiring full
                                               fiscal years 2021 through 2030.                                   THROUGH 2030.                                 or partial repayment from State govern-
                                                                                                         (1) The Chairman of the Committee on the              ments when a Federal agency Inspector Gen-
                                                 SA 513. Mr. GRAHAM submitted an                       Budget of the Senate may revise the alloca-             eral or the Government Accountability Of-
                                               amendment intended to be proposed by                    tions of a committee or committees, aggre-              fice determines that a State was reckless or
                                               him to the concurrent resolution S.                     gates, and other appropriate levels in this             lacked sufficient appropriate controls relat-
                                               Con. Res. 5, setting forth the congres-                 resolution, and make adjustments to the                 ing to Medicaid, the supplemental nutrition
                                                                                                       pay-as-you-go ledger, for one or more bills,            assistance program (SNAP), the temporary
                                               sional budget for the United States                     joint resolutions, amendments, amendments               assistance for needy families program
                                               Government for fiscal year 2021 and                     between the Houses, motions, or conference              (TANF), or unemployment insurance bene-
                                               setting forth the appropriate budgetary                 reports relating to suspension of the Federal           fits, and which resulted in fraudulent pay-
                                               levels for fiscal years 2022 through 2030;              estate tax from 2026 through 2030 by the                ments, by the amounts provided in such leg-
                                               which was ordered to lie on the table;                  amounts provided in such legislation for                islation for those purposes, provided that
                                               as follows:                                             those purposes, provided that such legisla-             such legislation would not increase the def-
                                                 At the end of title III, add the following:           tion would not increase the deficit over ei-            icit over either the period of the total of fis-
                                               SEC. 3lll. DEFICIT-NEUTRAL RESERVE FUND
                                                                                                       ther the period of the total of fiscal years            cal years 2021 through 2025 or the period of
                                                         RELATING TO INCREASED SUPPORT                 2021 through 2025 or the period of the total of         the total of fiscal years 2021 through 2030.
                                                         TO COUNTER MALIGN ACTIVITY IN                 fiscal years 2021 through 2030.
                                                         CYBERSPACE.                                                                                             SA 518. Ms. LUMMIS submitted an
                                                 The Chairman of the Committee on the                    SA 516. Ms. LUMMIS submitted an                       amendment intended to be proposed by
                                               Budget of the Senate may revise the alloca-             amendment intended to be proposed by                    her to the concurrent resolution S.
                                               tions of a committee or committees, aggre-              her to the concurrent resolution S.                     Con. Res. 5, setting forth the congres-
                                               gates, and other appropriate levels in this             Con. Res. 5, setting forth the congres-
                                               resolution, and make adjustments to the                                                                         sional budget for the United States
                                                                                                       sional budget for the United States                     Government for fiscal year 2021 and
                                               pay-as-you-go ledger, for one or more bills,
                                                                                                       Government for fiscal year 2021 and                     setting forth the appropriate budgetary
                                               joint resolutions, amendments, amendments
                                               between the Houses, motions, or conference              setting forth the appropriate budgetary                 levels for fiscal years 2022 through 2030;
                                               reports relating to increased support to                levels for fiscal years 2022 through 2030;              which was ordered to lie on the table;
                                               counter malign activity in cyberspace by the            which was ordered to lie on the table;                  as follows:
                                               amounts provided in such legislation for                as follows:
                                                                                                                                                                 At the end of title III, add the following:
                                               those purposes, provided that such legisla-               At the appropriate place in title IV, add             SEC. 3lll. DEFICIT-NEUTRAL RESERVE FUND
                                               tion would not increase the deficit over ei-            the following:                                                    RELATING TO PROVIDING FINAN-
                                               ther the period of the total of fiscal years            SEC. 4lll. POINT OF ORDER AGAINST USING                           CIAL  INNOVATION   GRANTS  TO
                                               2021 through 2025 or the period of the total of                    FEDERAL FUNDS FOR FURTHER                              STATE AND FEDERAL FINANCIAL
                                               fiscal years 2021 through 2030.                                    RULEMAKING OR POLICY DEVELOP-                          REGULATORS.
                                                                                                                  MENT BY THE BUREAU OF ALCOHOL,                 The Chairman of the Committee on the
                                                 SA 514. Mr. INHOFE (for himself, Mr.                             TOBACCO, FIREARMS, AND EXPLO-
                                                                                                                  SIVES FOR CLASSIFICATION OF NEW
                                                                                                                                                               Budget of the Senate may revise the alloca-
                                               HAGERTY, Mr. BLUNT, Mr. CORNYN, Mr.                                WEAPONS, DEVICES, OR COMPO-                  tions of a committee or committees, aggre-
                                               GRASSLEY, and Mr. WICKER) submitted                                NENTS UNDER THE NATIONAL FIRE-               gates, and other appropriate levels in this
                                               an amendment intended to be proposed                               ARMS ACT OR AS CONTRABAND.                   resolution, and make adjustments to the
                                               by him to the concurrent resolution S.                    (a) POINT OF ORDER.—It shall not be in                pay-as-you-go ledger, for one or more bills,
                                               Con. Res. 5, setting forth the congres-                 order in the Senate to consider any bill,               joint resolutions, amendments, amendments
                                                                                                       joint    resolution,  motion,      amendment,           between the Houses, motions, or conference
                                               sional budget for the United States
                                                                                                       amendment between the Houses, or con-                   reports relating to providing financial inno-
                                               Government for fiscal year 2021 and                     ference report that would authorize the use             vation grants to State and Federal financial
                                               setting forth the appropriate budgetary                 of Federal funds for further rulemaking or              regulators, including regulators who already
                                               levels for fiscal years 2022 through 2030;              policy development by the Bureau of Alco-               have offices or working groups focused on in-
                                               which was ordered to lie on the table;                  hol, Tobacco, Firearms, and Explosives for              novation, for the purposes of studying
                                               as follows:                                             classification of new weapons, devices, or              emerging uses of technology in banking, con-




SSpencer on DSK126QN23PROD with SENATE
                                                 At the end of title III, add the following:           components under the National Firearms                  sumer protection, capital markets, consumer
                                               SEC. 3lll. DEFICIT-NEUTRAL RESERVE FUND                 Act or as contraband.                                   finance, trade, which may include financial
                                                         RELATING TO MAINTAINING THE                     (b) WAIVER AND APPEAL.—Subsection (a)                 inclusion, market surveillance distributed
                                                         UNITED STATES EMBASSY IN JERU-                may be waived or suspended in the Senate                ledger technology, reducing settlement
                                                         SALEM, ISRAEL.                                only by an affirmative vote of three-fifths of          times and risk in capital markets, digital as-
                                                 The Chairman of the Committee on the                  the Members, duly chosen and sworn. An af-              sets, implementation of a central bank dig-
                                               Budget of the Senate may revise the alloca-             firmative vote of three-fifths of the Members           ital currency, anti-money laundering or
                                               tions of a committee or committees, aggre-              of the Senate, duly chosen and sworn, shall             Bank Secrecy Act enforcement, and faster




                                         VerDate Sep 11 2014   07:28 Feb 04, 2021   Jkt 019060   PO 00000    Frm 00132   Fmt 0624   Sfmt 0634   E:\CR\FM\A03FE6.098   S03FEPT1


File and source

File
CREC_crec-2021-02-03_crec-2021-02-03-pt1-pgs404-6.pdf
Size
210,463 bytes
SHA-256
f11135a201dc9770eb6e935e36346d4d8cdddf3157200810e1483669636b9c10
Our copy
CREC_crec-2021-02-03_crec-2021-02-03-pt1-pgs404-6.pdf
Original
www.govinfo.gov
Back to top