Amendment107th Congress
Amendment in the nature of a substitute printed in Part B of H. Rept. 107-30 and numbered three was offered as the Republican Study Committee substitute.
- Amendment Number
- 20
- Description
- Amendment in the nature of a substitute printed in Part B of H. Rept. 107-30 and numbered three was offered as the Republican Study Committee substitute.
- Purpose
- An amendment to provide $2.2 trillion in tax relief between 2002 and 2011 and an additional $93 billion in tax relief for the current fiscal year; to set defense spending at $350 billion in FY 2002; to spend $6.7 billion less in FY 2002 on discretionary programs than proposed by the Committee and $150 billion less over 10 years for discretionary programs. The amendment also locks away 100% of the Social Security and Medicare surpluses; requires that any prescription drug benefit be a part of an overall Medicare reform package that does not weaken the long-term solvency of the system by increased baseline spending; provides specific protection for Social Security reform legislation; ensures that the impact of a proposed tax measure on the economy and federal revenues is taken into account and ensures that "triggers" are not added to any tax measure.
- Congress
- 107
- Type
- HAMDT
- Latest Action Date
- Mar 28, 2001
- Latest Action Text
- On agreeing to the Flake amendment Failed by recorded vote: 81 - 341 (Roll no. 68).
- Latest Action Time
- 15:00:14
- Submitted Date
- Mar 28, 2001
- Chamber
- House of Representatives
- Update Date
- Aug 15, 2021