Amendment in the nature of a substitute sought to provide $150 billion in tax reductions; eliminate the marriage tax penalty; dedicate 50 percent of any additional surplus toward reduction in the national debt; increase defense spending by $56 billion; and set aside $275 billion for Social Security.

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Amendment Number
657
Description
Amendment in the nature of a substitute sought to provide $150 billion in tax reductions; eliminate the marriage tax penalty; dedicate 50 percent of any additional surplus toward reduction in the national debt; increase defense spending by $56 billion; and set aside $275 billion for Social Security.
Purpose
An amendment in the nature of a substitute to limit funding growth to less that the rate of inflation; to designate 50 percent of any additional revenues toward tax relief and 50 percent toward the national debt; and to increase defense spending over five years to keep pace with the rate of inflation.
Congress
105
Type
HAMDT
Latest Action Date
Jun 5, 1998
Latest Action Text
On agreeing to the Neumann amendment (A001) Failed by recorded vote: 158 - 262 (Roll No. 208).
Latest Action Time
12:43:13
Submitted Date
Jun 5, 1998
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 657 — Informed