United States · Amendment · SUAMDT

SUAMDT 974 (97th)

It is the sense of the Senate that in reporting legislation to achieve the $107.2 billion in revenues required under this Resolution, rather than impose new, regressive taxes on American taxpayers, the Committee on Finance should (1) defer the third year of the Kemp-Roth individual rate reduction until the current budget crisis has passed and interest rates have dropped to affordable levels, or (2) repeal the third year of the Kemp-Roth individual rate reduction and replace it with a fiscally prudent tax cut which distributes benefits fairly to all working and middle-income Americans.

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