Text of Senate Amendment 1182

On Wed Feb 19, Senator Gary C. Peters (D-MI) delivered a floor speech titled "Text Of Senate Amendment 1182" in the Senate. The speech addressed foreign policy and also covered China, trade policy. It referenced legislation: S1296.

Text of Senate Amendment 1182

Congressional Record, Volume 171 Issue 34 (Thursday, February 20, 2025) [Congressional Record Volume 171, Number 34 (Thursday, February 20, 2025)] [Senate] [Page S1296] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 1182. Mr. PETERS 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 end of title III, add the following: SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO ENSURING THAT THE UNITED STATES AUTOMOTIVE INDUSTRY CAN OUTCOMPETE AUTOMAKERS BACKED BY THE GOVERNMENT OF THE PEOPLE'S REPUBLIC OF CHINA. The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to ensuring that the United States automotive industry can outcompete automakers backed by the Government of the People's Republic of China, including by supporting incentives for vehicles made in the United States, working closely with allies and trade partners like Canada, or taking action to limit the importation of vehicles from companies backed by the People's Republic of China, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the deficit over the period of the total of fiscal years 2025 through 2034. ______