Here Come the Amendments
As Senate Majority Leader Harry Reid (D-Nev.) announced last night, the Senate this afternoon will consider seven amendments before voting on a proposed $2
Jul 31, 2020725.2K Shares10.5M Views
As Senate Majority Leader Harry Reid (D-Nev.) announced last night, the Senate this afternoon will consider seven amendments before voting on a proposed $2 billion extensionfor the popular cash for clunkers program, which has nearly exhausted its initial $1 billion funding.
The amendments are:
- Sen. Tom Harkin (D-Iowa): To limit the provision of vouchers to individuals with adjusted gross incomes of less than $50,000 or joint filers with adjusted gross incomes of less than $75,000.
- Sen. Jon Kyl (R-Ariz.): In the nature of a substitute.
- Sen. Judd Gregg (R-N.H.): To protect generations of tomorrow from paying for new cars today.
- Sen. David Vitter (R-La.): To provide for a date certain for termination of the Troubled Asset Relief Program.
- Sen. Tom Coburn (R-Okla.): To provide assistance to charities and families in need.
- Sen. John Thune (R-S.D.): To prohibit the Federal Government from holding ownership interests, and for other purposes
- Sen. Johnny Isakson (R-Ga.): To amend the Internal Revenue Code of 1986 to provide an income tax credit for certain home purchases, and to transfer to the Treasury unobligated funds made available by the American Recovery and Reinvestment Act in the amount of the reduction in revenue resulting from such credit.
Of course, most supporters of the underlying cash for clunkers extension, including President Obama, want to pass a clean bill without any amendments attached, because any changes to the bill would require agreement from the House, which is on a five-week vacation.
As a Reid spokesperson said yesterday, “Obviously, we don’t want them to pass because then the bill doesn’t go anywhere.”
Expect the clean bill within a few hours.
Paolo Reyna
Reviewer
Paolo Reyna is a writer and storyteller with a wide range of interests. He graduated from New York University with a Bachelor of Arts in Journalism and Media Studies.
Paolo enjoys writing about celebrity culture, gaming, visual arts, and events. He has a keen eye for trends in popular culture and an enthusiasm for exploring new ideas. Paolo's writing aims to inform and entertain while providing fresh perspectives on the topics that interest him most.
In his free time, he loves to travel, watch films, read books, and socialize with friends.
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