Amendment108th Congress
Amendment in the nature of a substitute printed in House Report 108-446 and numbered 3 was offered as the Republican Study Committee substitute.
- Amendment Number
- 489
- Description
- Amendment in the nature of a substitute printed in House Report 108-446 and numbered 3 was offered as the Republican Study Committee substitute.
- Purpose
- An amendment in the nature of a substitute numbered 3 printed in House Report 108-446 to call for more tax cuts and less discretionary spending than provided for in the resolution, and which would cut the deficit in half in three years compared to four years in the resolution and five years in the president's request. The substitute limits FY 2005 discretionary spending to about $811 billion, $8 billion less than the resolution and $12 billion less than the president's request. The measure assumes the president's and resolution's spending levels for defense and homeland security, but cuts other discretionary spending by 1% from current levels. Finally, the substitute reduces the rate of growth of non-Social Security mandatory spending by 1% each year, saving about $7 billion in FY 2005.
- Congress
- 108
- Type
- HAMDT
- Latest Action Date
- Mar 25, 2004
- Latest Action Text
- On agreeing to the Hensarling amendment (A003) Failed by recorded vote: 116 - 309 (Roll no. 90).
- Latest Action Time
- 15:29:33
- Submitted Date
- Mar 25, 2004
- Chamber
- House of Representatives
- Update Date
- Sep 29, 2021