Text of Senate Amendment 5031

On 2026-04-22, Senator Andy Kim (D-NJ) delivered a floor speech titled "Text Of Senate Amendment 5031" in the Senate. The speech addressed the economy. It referenced legislation: S1981.

Text of Senate Amendment 5031

Congressional Record, Volume 172 Issue 71 (Wednesday, April 22, 2026) [Congressional Record Volume 172, Number 71 (Wednesday, April 22, 2026)] [Senate] [Page S1981] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 5031. Mr. KIM submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 33, setting forth the congressional budget for the United States Government for fiscal year 2026 and setting forth the appropriate budgetary levels for fiscal years 2027 through 2035; which was ordered to lie on the table; as follows: At the appropriate place in title IV, add the following: SEC. 4___. POINT OF ORDER AGAINST CONSIDERATION OF RECONCILIATION LEGISLATION WHEN INFLATION IS ABOVE 2.0 PERCENT. (a) Point of Order.--It shall not be in order in the Senate to consider a reconciliation bill or a reconciliation resolution pursuant to section 310 of the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C. 644), or an amendment to, conference report on, or amendment between the Houses in relation to such a bill or resolution, that would provide for the consideration of budget reconciliation legislation when inflation is above 2.0 percent, pursuant to the Consumer Price Index as established by the Bureau of Labor Statistics. (b) Waiver and Appeal.--Subsection (a) may be waived or suspended in the Senate only by an affirmative vote of three- fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (a). ______