A concurrent resolution 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.
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Progress
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- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
This concurrent resolution sets forth the congressional budget for the United States Government for fiscal year 2026 and establishes budgetary levels for the subsequent years from 2027 through 2035. It includes recommendations for federal revenues, new budget authority, budget outlays, deficits, and public debt. The resolution also provides instructions for reconciliation legislation, including specific guidelines for the House and Senate committees, and establishes reserve funds to accommodate adjustments related to reconciliation and other policy changes. Finally, it outlines budget enforcement procedures.
Key provisions
- Establishes recommended levels for federal revenues, new budget authority, budget outlays, deficits, and public debt for fiscal years 2026 through 2035.
- Provides instructions for reconciliation legislation, directing specific House and Senate committees to submit deficit-increasing legislation recommendations.
- Creates reserve funds to accommodate adjustments related to reconciliation legislation and other policy changes.
- Sets budget enforcement procedures, including points of order in the Senate.
- Specifies budgetary levels for Social Security and Postal Service discretionary administrative expenses.
- Includes provisions for adjusting allocations to accommodate changes in budgetary concepts and definitions.
- Allows the chair of the House and Senate Budget Committees to adjust allocations to reflect changes in the Congressional Budget Office's baseline.
- Establishes emergency requirements in the House of Representatives for appropriations.
Bill text
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Sponsors
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1 on record
Primary sponsor
Lindsey Graham
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