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Chair says S220 was placed in yield bill; committee to gather testimony on excess-spending penalty
Ways & Means Committee · April 16, 2026
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Summary
The committee chair reported the Senate Finance Committee put S220 into the yield bill the night before and urged taking significant testimony and analysis before deciding on removing or altering the excess-spending penalty; members debated postponement and no vote was taken.
The chair of the Ways & Means Committee told members that the Senate Finance Committee had placed S220 into the yield bill and warned that the yield-bill process will require extensive testimony and analysis before any change to the excess-spending penalty is made.
"The Senate…
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