Starting work on “a concurrent resolution setting forth the congressional budget for the United States Government for fiscal...” (SCONRES 22)

The bill

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.

Topic: Economics and Public Finance

What the bill does

This concurrent resolution establishes the congressional budget for the federal government for FY2026 and sets forth budgetary levels for FY2027-FY2035. The resolution recommends levels and amounts for FY2026-FY2035 for - federal revenues, - new budget authority, - budget outlays, - deficits, - public debt, - debt held by the public, and - the major functional categories of spending. It also recommends levels and amounts for Social Security and Postal Service discretionary administrative expenses for the purpose of budget enforcement in the Senate. In addition, the resolution establishes reserve funds that allow certain adjustments to committee allocations and other budgetary levels to accommodate legislation relating to (1) efficiencies, consolidations, and other savings; or (2) health savings accounts. The resolution also sets forth budget enforcement procedures that address issues such as budget points of order, emergency legislation, and Congressional Budget Office cost estimates.

Source: Congressional Research Service summary

Bill on congress.gov(opens in a new tab)