If accepted, the proposal would mean GST on everything else would double to six per cent to make up for the multi-million-pound shortfall the exemptions would leave.
On Saturday the JEP reported that Treasury Minister Philip Ozouf was considering bringing the amendment at the request of the Council of Ministers.
While Senator Ozouf has said he does not personally support the exemptions, he is now the only person who can bring amendments to the Budget with the debate only a week away.
