Overview

Title

Setting forth the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034.

ELI5 AI

S. CON. RES. 7 is like a plan that helps the United States decide how to spend and save money from 2025 to 2034, setting up rules for different groups on how much they can spend and making sure everything is fair and makes sense.

Summary AI

S. CON. RES. 7 outlines the congressional budget for the United States Government for the fiscal year 2025 and sets budgetary goals through 2034. The resolution includes recommended levels for federal revenues, expenditures, deficits, and public debt for each fiscal year specified. It also establishes guidelines for reconciliation legislation to ensure fiscal compliance and adjustments for budgetary changes. The resolution's purpose is to provide a financial framework for managing and planning the federal budget over the next decade.

Published

2025-02-13
Congress: 119
Session: 1
Chamber: SENATE
Status: Reported to Senate
Date: 2025-02-13
Package ID: BILLS-119sconres7rs

Bill Statistics

Size

Sections:
16
Words:
9,651
Pages:
62
Sentences:
382

Language

Nouns: 2,700
Verbs: 184
Adjectives: 690
Adverbs: 8
Numbers: 883
Entities: 1,087

Complexity

Average Token Length:
4.00
Average Sentence Length:
25.26
Token Entropy:
4.60
Readability (ARI):
12.53

AnalysisAI

The bill, S. CON. RES. 7, introduced in the 119th Congress, sets forth the congressional budget for the United States Government for the fiscal year 2025 and outlines the appropriate budgetary levels for fiscal years 2026 through 2034. This concurrent resolution delineates fiscal plans encompassing federal revenues, budget authority, outlays, deficits, and public debt. Its primary purpose is to provide a fiscal framework that guides government spending and policy-making for the outlined period. Various committees tasked with assessing and recommending budgetary adjustments are highlighted, including procedural rules for reconciliation, reserve funds, and administrative expenses.

Summary of Significant Issues

The bill allows for notable budget increases in specific areas, particularly highlighted in sections focused on Armed Services, Homeland Security, and the Judiciary. Such provisions raise concerns regarding fiscal responsibility and equity, as significant deficits are permissible without a clear rationale. Additionally, the language throughout the document is dense and legally complex, potentially complicating public engagement and understanding.

The issuance of large figures for recommended budget levels is presented without adequate explanation of the determination process, decreasing transparency and comprehension of potential fiscal impacts such as deficits. The process for reconciliation appears to limit legislative scrutiny, which could be vital for balanced decision-making.

Sections allowing adjustments without clear criteria or oversight, most notably in section 4005, pose risks of misuse and favoritism, potentially undermining equitable financial governance. This lack of accountability is especially concerning regarding deficit neutrality management and fiscal planning priorities.

Impact on the Public

Broadly, the bill establishes how the government intends to allocate and manage its financial resources over the next decade. For the general public, critical implications include potential tax changes, shifts in public service funding, and consequential adjustments in government-provided benefits. The anticipated increase in public debt could affect future economic stability and individual prosperity, possibly leading to increased taxation or reduced services to bridge fiscal gaps.

Regarding specific stakeholders, certain areas like defense and homeland security stand to benefit from potential budget increases. However, the increased allowance for deficits in these areas contrasts heavily with the stringent deficit reduction demands placed on other committees, which may necessitate cutbacks or restrictive policy measures impacting services like healthcare, education, and social welfare.

Positive and Negative Impact on Stakeholders

From a positive viewpoint, sectors related to defense and security might view the budget proposal favorably due to heightened funding opportunities. Conversely, stakeholders operating within deficit-reducing sectors could find themselves constrained by tighter financial limitations, which could stifle innovation or necessitate workforce reductions.

Overall, while the bill aims to establish a comprehensive fiscal pathway, it should be critically examined to address transparency, accountability, and equity concerns. Policymakers must ensure the legislation prioritizes efficiency and fairness, considering diverse impacts on government sectors and the public at large.

Financial Assessment

The proposed concurrent resolution, S. CON. RES. 7, outlines the congressional budget for fiscal year 2025 and sets financial targets for the subsequent years up to 2034. A detailed review of the provisions highlights several key financial elements and raises certain concerns, as discussed below:

Financial Summary

The resolution sets out detailed financial allocations across multiple categories. Significant allocations include:

  • Federal Revenues: The anticipated levels range from $3.853 trillion in 2025 to $5.375 trillion in 2034.

  • New Budget Authority: The levels start from $4.661 trillion in 2025 and rise to $6.682 trillion in 2034.

  • Budget Outlays: This begins at $4.636 trillion in 2025 and reaches $6.592 trillion in 2034.

  • Public Debt: Projected public debt levels grow from $36.372 trillion in 2025 to $48.714 trillion in 2034.

These figures present a picture of the expected upward trajectory in federal revenues, expenditures, and public debt over the ten-year period.

Relation to Identified Issues

Deficit Increases and Fiscal Concerns

Sections 2001 and 2002 of the resolution allow for committee-specific adjustments to the deficit. For instance, the Committee on Armed Services may increase the deficit by up to $150 billion, and the Committee on Homeland Security by $175 billion. Such allowances raise concerns about fiscal responsibility and potential favoritism in budget allocation. This conditional budgetary leeway suggests prioritization of certain areas without an explicit justification, raising questions about overall fiscal balance.

Complexity and Transparency

The language in sections such as 1101 presents large figures without concrete explanation for underlying determinations, which could reduce transparency. The general public may find it challenging to comprehend how these numbers were derived or their implications on the economy, thus limiting accountability.

Sections 3001 and 3002 discuss reconciliation and deficit-neutral legislation but lack specified oversight or accountability mechanisms to ensure the adjustments do not inadvertently affect fiscal health. Enhanced transparency measures could mitigate concerns about deficit management.

Adjustments and Oversight

Section 4005 permits budget level adjustments without clear guidelines, potentially leading to non-transparent decisions having widespread fiscal implications. Similar concerns arise in section 4006 regarding baseline adjustments based on updates from the Congressional Budget Office. Without stringent regulations and oversight, these adjustments could be subject to circumstantial biases or misuse.

Conclusion

The concurrent resolution outlines significant financial plans for the forthcoming decade but leaves several areas open to scrutiny regarding fiscal oversight and transparency. The provisions, while detailing vast financial allocations, highlight the need for clearer guidelines and accountability measures to ensure equitable and responsible management of public finances. Addressing these concerns could build public trust and improve financial governance.

Issues

  • Significant increases in the deficit allowed for certain committees (e.g., Armed Services, Homeland Security, Judiciary) in section 2001 and 2002 raise concerns about fiscal responsibility and require justifications to align with overall fiscal goals, potentially indicating favoritism or imbalance in budget allocation.

  • The language complexity across sections (e.g., sections 1101, 1102, 3001, 3002, etc.) makes understanding difficult for the general public, reducing transparency and accessibility to those without legal or fiscal expertise.

  • Section 1101 presents large figures without explanations for how budget levels and changes are determined, decreasing transparency and understanding of potential fiscal impacts such as implied deficits.

  • The process described in section 2002 limits debate and amendment during the reconciliation bill process, potentially reducing legislative scrutiny, which is vital for balanced and fair policy-making.

  • Section 4005 allows adjustments to budgetary levels without clear criteria or limitations, potentially opening the door to misuse or favoritism, which could undermine equitable fiscal management.

  • The absence of specified oversight or accountability measures in sections 3001 and 3002 for managing revisions and adjustments, and ensuring deficit neutrality, might undermine fiscal accountability.

  • Increasing administrative expenses in Social Security highlighted in section 1201 could suggest inefficiencies or unnecessary overhead, unexamined and unexplained, raising concerns about resource allocation.

  • The provision for adjustments in section 4004 without detailed criteria or guidelines could lead to arbitrary decisions lacking transparency, impacting fiscal planning priorities adversely.

  • Section 4006 lacks clarity and oversight concerning adjustments based on the Congressional Budget Office's baseline updates, leading to potentially selective or politically motivated interpretations.

Sections

Sections are presented as they are annotated in the original legislative text. Any missing headers, numbers, or non-consecutive order is due to the original text.

1. Concurrent resolution on the budget for fiscal year 2025 Read Opens in new tab

Summary AI

The text outlines a resolution on the budget for the fiscal year 2025, specifying budget levels until 2034. It includes sections on recommended levels for the Senate and House, reconciliation processes, reserve funds, and other budgetary matters such as enforcement, administrative expenses, and adjustments to budgetary concepts.

1101. Recommended levels and amounts Read Opens in new tab

Summary AI

The section outlines the recommended budget levels for various financial categories in the United States from 2025 to 2034. It details expected federal revenue, budget authority, budget outlays, deficits, public debt, and debt held by the public for each fiscal year.

1102. Major functional categories Read Opens in new tab

Summary AI

Congress has outlined the planned budget amounts categorized by different functional areas for fiscal years 2025 through 2034, specifying how much money they intend to authorize and spend on national defense, international affairs, health, social security, and other areas crucial for the functioning and development of the country. These budget figures are divided into new budget authority and outlays for each fiscal year and category, reflecting the government's financial priorities and plans over the coming years.

Money References

  • Congress determines and declares that the appropriate levels of new budget authority and outlays for fiscal years 2025 through 2034 for each major functional category are: (1) National Defense (050): Fiscal year 2025: (A) New budget authority, $933,481,000,000.
  • (B) Outlays, $909,629,000,000.
  • Fiscal year 2026: (A) New budget authority, $901,220,000,000.
  • (B) Outlays, $904,412,000,000.
  • Fiscal year 2027: (A) New budget authority, $923,020,000,000. (B) Outlays, $911,956,000,000.
  • Fiscal year 2028: (A) New budget authority, $944,111,000,000. (B) Outlays, $934,660,000,000.
  • Fiscal year 2029: (A) New budget authority, $966,203,000,000.
  • (B) Outlays, $942,419,000,000.
  • Fiscal year 2030: (A) New budget authority, $989,212,000,000.
  • (B) Outlays, $966,361,000,000.
  • Fiscal year 2031: (A) New budget authority, $1,012,715,000,000.
  • (B) Outlays, $984,795,000,000.
  • Fiscal year 2032: (A) New budget authority, $1,036,723,000,000. (B) Outlays, $1,003,888,000,000.
  • Fiscal year 2033: (A) New budget authority, $1,062,319,000,000.
  • (B) Outlays, $1,037,888,000,000.
  • Fiscal year 2034: (A) New budget authority, $1,087,382,000,000. (B) Outlays, $1,054,430,000,000. (2) International Affairs (150): Fiscal year 2025: (A) New budget authority, $65,962,000,000.
  • (B) Outlays, $69,206,000,000.
  • Fiscal year 2026: (A) New budget authority, $61,716,000,000.
  • (B) Outlays, $67,669,000,000.
  • Fiscal year 2027: (A) New budget authority, $62,249,000,000. (B) Outlays, $66,456,000,000.
  • Fiscal year 2028: (A) New budget authority, $63,512,000,000. (B) Outlays, $62,391,000,000.
  • Fiscal year 2029: (A) New budget authority, $64,944,000,000.
  • (B) Outlays, $62,832,000,000.
  • Fiscal year 2030: (A) New budget authority, $66,408,000,000.
  • (B) Outlays, $63,077,000,000.
  • Fiscal year 2031: (A) New budget authority, $67,878,000,000. (B) Outlays, $64,002,000,000.
  • Fiscal year 2032: (A) New budget authority, $69,343,000,000.
  • (B) Outlays, $65,176,000,000.
  • Fiscal year 2033: (A) New budget authority, $70,874,000,000. (B) Outlays, $66,517,000,000.
  • Fiscal year 2034: (A) New budget authority, $72,435,000,000. (B) Outlays, $67,889,000,000. (3) General Science, Space, and Technology (250):
  • Fiscal year 2025: (A) New budget authority, $42,084,000,000. (B) Outlays, $41,734,000,000.
  • Fiscal year 2026: (A) New budget authority, $41,345,000,000. (B) Outlays, $41,844,000,000.
  • Fiscal year 2027: (A) New budget authority, $42,264,000,000. (B) Outlays, $41,923,000,000.
  • Fiscal year 2028: (A) New budget authority, $43,099,000,000. (B) Outlays, $42,198,000,000.
  • Fiscal year 2029: (A) New budget authority, $44,017,000,000.
  • (B) Outlays, $42,887,000,000.
  • Fiscal year 2030: (A) New budget authority, $44,980,000,000. (B) Outlays, $43,633,000,000.
  • Fiscal year 2031: (A) New budget authority, $45,946,000,000. (B) Outlays, $44,551,000,000.
  • Fiscal year 2032: (A) New budget authority, $46,922,000,000. (B) Outlays, $45,486,000,000.
  • Fiscal year 2033: (A) New budget authority, $47,936,000,000. (B) Outlays, $46,460,000,000.
  • Fiscal year 2034: (A) New budget authority, $48,985,000,000. (B) Outlays, $47,466,000,000. (4) Energy (270): Fiscal year 2025: (A) New budget authority, $39,842,000,000. (B) Outlays, $37,587,000,000.
  • Fiscal year 2026: (A) New budget authority, $39,958,000,000. (B) Outlays, $44,514,000,000.
  • Fiscal year 2027: (A) New budget authority, $34,098,000,000. (B) Outlays, $52,768,000,000.
  • Fiscal year 2028: (A) New budget authority, $34,825,000,000. (B) Outlays, $51,623,000,000.
  • Fiscal year 2029: (A) New budget authority, $35,770,000,000.
  • (B) Outlays, $48,582,000,000.
  • Fiscal year 2030: (A) New budget authority, $33,946,000,000. (B) Outlays, $42,596,000,000.
  • Fiscal year 2031: (A) New budget authority, $35,188,000,000.
  • (B) Outlays, $40,366,000,000.
  • Fiscal year 2032: (A) New budget authority, $39,697,000,000. (B) Outlays, $41,611,000,000.
  • Fiscal year 2033: (A) New budget authority, $24,489,000,000. (B) Outlays, $25,941,000,000.
  • Fiscal year 2034: (A) New budget authority, $16,203,000,000. (B) Outlays, $17,040,000,000. (5) Natural Resources and Environment (300): Fiscal year 2025: (A) New budget authority, $88,219,000,000. (B) Outlays, $90,074,000,000.
  • Fiscal year 2026: (A) New budget authority, $67,633,000,000.
  • (B) Outlays, $80,552,000,000.
  • Fiscal year 2027: (A) New budget authority, $45,140,000,000. (B) Outlays, $75,844,000,000.
  • Fiscal year 2028: (A) New budget authority, $45,985,000,000. (B) Outlays, $71,673,000,000.
  • Fiscal year 2029: (A) New budget authority, $46,956,000,000.
  • (B) Outlays, $67,691,000,000.
  • Fiscal year 2030: (A) New budget authority, $47,707,000,000.
  • (B) Outlays, $63,948,000,000.
  • Fiscal year 2031: (A) New budget authority, $48,854,000,000. (B) Outlays, $60,580,000,000.
  • Fiscal year 2032: (A) New budget authority, $49,918,000,000. (B) Outlays, $56,444,000,000.
  • Fiscal year 2033: (A) New budget authority, $51,246,000,000.
  • (B) Outlays, $55,797,000,000.
  • Fiscal year 2034: (A) New budget authority, $52,225,000,000. (B) Outlays, $55,480,000,000. (6) Agriculture (350): Fiscal year 2025: (A) New budget authority, $58,457,000,000. (B) Outlays, $41,846,000,000.
  • Fiscal year 2026: (A) New budget authority, $28,163,000,000. (B) Outlays, $46,212,000,000.
  • Fiscal year 2027: (A) New budget authority, $31,716,000,000. (B) Outlays, $33,686,000,000.
  • Fiscal year 2028: (A) New budget authority, $33,008,000,000. (B) Outlays, $34,426,000,000.
  • Fiscal year 2029: (A) New budget authority, $33,334,000,000. (B) Outlays, $32,441,000,000.
  • Fiscal year 2030: (A) New budget authority, $30,857,000,000.
  • (B) Outlays, $30,098,000,000.
  • Fiscal year 2031: (A) New budget authority, $30,468,000,000. (B) Outlays, $29,609,000,000.
  • Fiscal year 2032: (A) New budget authority, $31,239,000,000. (B) Outlays, $30,163,000,000.
  • Fiscal year 2033: (A) New budget authority, $32,276,000,000. (B) Outlays, $30,893,000,000.
  • Fiscal year 2034: (A) New budget authority, $32,912,000,000. (B) Outlays, $31,721,000,000. (7) Commerce and Housing Credit (370): Fiscal year 2025: (A) New budget authority, $12,477,000,000. (B) Outlays, βˆ’$18,175,000,000.
  • Fiscal year 2026: (A) New budget authority, $32,747,000,000. (B) Outlays, βˆ’$626,000,000.
  • Fiscal year 2027: (A) New budget authority, $28,145,000,000.
  • (B) Outlays, $7,710,000,000.
  • Fiscal year 2028: (A) New budget authority, βˆ’$56,796,000,000. (B) Outlays, βˆ’$65,194,000,000.
  • Fiscal year 2029: (A) New budget authority, $25,562,000,000.
  • (B) Outlays, $15,976,000,000.
  • Fiscal year 2030: (A) New budget authority, $25,712,000,000. (B) Outlays, $12,680,000,000.
  • Fiscal year 2031: (A) New budget authority, $25,941,000,000. (B) Outlays, $7,932,000,000.
  • Fiscal year 2032: (A) New budget authority, $26,354,000,000. (B) Outlays, $5,060,000,000.
  • Fiscal year 2033: (A) New budget authority, $20,192,000,000. (B) Outlays, βˆ’$4,224,000,000.
  • Fiscal year 2034: (A) New budget authority, $29,862,000,000. (B) Outlays, $2,451,000,000.
  • (8) Transportation (400): Fiscal year 2025: (A) New budget authority, $173,158,000,000. (B) Outlays, $144,771,000,000.
  • Fiscal year 2026: (A) New budget authority, $167,673,000,000.
  • (B) Outlays, $152,541,000,000.
  • Fiscal year 2027: (A) New budget authority, $132,085,000,000.
  • (B) Outlays, $158,068,000,000.
  • Fiscal year 2028: (A) New budget authority, $133,386,000,000. (B) Outlays, $162,528,000,000.
  • Fiscal year 2029: (A) New budget authority, $134,447,000,000.
  • (B) Outlays, $160,846,000,000.
  • Fiscal year 2030: (A) New budget authority, $129,994,000,000. (B) Outlays, $150,790,000,000.
  • Fiscal year 2031: (A) New budget authority, $130,964,000,000.
  • (B) Outlays, $147,539,000,000.
  • Fiscal year 2032: (A) New budget authority, $138,846,000,000. (B) Outlays, $150,163,000,000.
  • Fiscal year 2033: (A) New budget authority, $140,544,000,000. (B) Outlays, $149,247,000,000.
  • Fiscal year 2034: (A) New budget authority, $142,271,000,000. (B) Outlays, $149,454,000,000.
  • (9) Community and Regional Development (450): Fiscal year 2025: (A) New budget authority, $87,762,000,000. (B) Outlays, $78,752,000,000.
  • Fiscal year 2026: (A) New budget authority, $20,135,000,000.
  • (B) Outlays, $64,267,000,000.
  • Fiscal year 2027: (A) New budget authority, $19,259,000,000.
  • (B) Outlays, $56,506,000,000.
  • Fiscal year 2028: (A) New budget authority, $19,462,000,000. (B) Outlays, $45,101,000,000.
  • Fiscal year 2029: (A) New budget authority, $19,888,000,000.
  • (B) Outlays, $35,976,000,000.
  • Fiscal year 2030: (A) New budget authority, $20,326,000,000. (B) Outlays, $31,026,000,000.
  • Fiscal year 2031: (A) New budget authority, $20,727,000,000. (B) Outlays, $27,543,000,000.
  • Fiscal year 2032: (A) New budget authority, $21,007,000,000. (B) Outlays, $24,658,000,000.
  • Fiscal year 2033: (A) New budget authority, $21,462,000,000.
  • (B) Outlays, $22,754,000,000.
  • Fiscal year 2034: (A) New budget authority, $21,864,000,000. (B) Outlays, $21,733,000,000. (10) Education, Training, Employment, and Social Services (500): Fiscal year 2025: (A) New budget authority, $149,303,000,000.
  • (B) Outlays, $171,916,000,000.
  • Fiscal year 2026: (A) New budget authority, $152,714,000,000.
  • (B) Outlays, $151,605,000,000.
  • Fiscal year 2027: (A) New budget authority, $154,949,000,000. (B) Outlays, $150,975,000,000.
  • Fiscal year 2028: (A) New budget authority, $157,763,000,000. (B) Outlays, $152,697,000,000.
  • Fiscal year 2029: (A) New budget authority, $160,740,000,000.
  • (B) Outlays, $155,316,000,000.
  • Fiscal year 2030: (A) New budget authority, $163,649,000,000. (B) Outlays, $158,173,000,000.
  • Fiscal year 2031: (A) New budget authority, $166,633,000,000.
  • (B) Outlays, $161,098,000,000.
  • Fiscal year 2032: (A) New budget authority, $169,998,000,000. (B) Outlays, $164,267,000,000.
  • Fiscal year 2033: (A) New budget authority, $173,554,000,000.
  • (B) Outlays, $167,569,000,000.
  • Fiscal year 2034: (A) New budget authority, $176,600,000,000.
  • (B) Outlays, $170,648,000,000.
  • (11) Health (550): Fiscal year 2025: (A) New budget authority, $945,070,000,000. (B) Outlays, $961,180,000,000.
  • Fiscal year 2026: (A) New budget authority, $992,092,000,000.
  • (B) Outlays, $976,652,000,000.
  • Fiscal year 2027: (A) New budget authority, $1,020,326,000,000. (B) Outlays, $1,021,179,000,000.
  • Fiscal year 2028: (A) New budget authority, $1,055,396,000,000. (B) Outlays, $1,052,323,000,000.
  • Fiscal year 2029: (A) New budget authority, $1,098,848,000,000. (B) Outlays, $1,094,015,000,000.
  • Fiscal year 2030: (A) New budget authority, $1,142,891,000,000. (B) Outlays, $1,132,318,000,000.
  • Fiscal year 2031: (A) New budget authority, $1,176,522,000,000. (B) Outlays, $1,175,476,000,000.
  • Fiscal year 2032: (A) New budget authority, $1,226,824,000,000. (B) Outlays, $1,216,998,000,000.
  • Fiscal year 2033: (A) New budget authority, $1,276,881,000,000. (B) Outlays, $1,266,068,000,000.
  • Fiscal year 2034: (A) New budget authority, $1,310,000,000,000. (B) Outlays, $1,298,975,000,000. (12) Medicare (570): Fiscal year 2025: (A) New budget authority, $950,891,000,000.
  • (B) Outlays, $950,641,000,000.
  • Fiscal year 2026: (A) New budget authority, $1,006,800,000,000. (B) Outlays, $1,008,719,000,000.
  • Fiscal year 2027: (A) New budget authority, $1,066,571,000,000. (B) Outlays, $1,066,276,000,000.
  • Fiscal year 2028: (A) New budget authority, $1,209,735,000,000. (B) Outlays, $1,208,310,000,000.
  • Fiscal year 2029: (A) New budget authority, $1,125,645,000,000. (B) Outlays, $1,125,229,000,000.
  • Fiscal year 2030: (A) New budget authority, $1,275,864,000,000.
  • (B) Outlays, $1,275,566,000,000.
  • Fiscal year 2031: (A) New budget authority, $1,357,791,000,000.
  • (B) Outlays, $1,357,726,000,000.
  • Fiscal year 2032: (A) New budget authority, $1,445,195,000,000. (B) Outlays, $1,445,191,000,000.
  • Fiscal year 2033: (A) New budget authority, $1,663,779,000,000.
  • (B) Outlays, $1,663,796,000,000.
  • Fiscal year 2034: (A) New budget authority, $1,666,492,000,000. (B) Outlays, $1,666,497,000,000.
  • (13) Income Security (600): Fiscal year 2025: (A) New budget authority, $712,446,000,000. (B) Outlays, $709,132,000,000.
  • Fiscal year 2026: (A) New budget authority, $691,755,000,000.
  • (B) Outlays, $690,914,000,000.
  • Fiscal year 2027: (A) New budget authority, $709,037,000,000.
  • (B) Outlays, $704,040,000,000.
  • Fiscal year 2028: (A) New budget authority, $727,612,000,000. (B) Outlays, $727,412,000,000.
  • Fiscal year 2029: (A) New budget authority, $729,224,000,000. (B) Outlays, $715,149,000,000.
  • Fiscal year 2030: (A) New budget authority, $748,243,000,000.
  • (B) Outlays, $739,546,000,000.
  • Fiscal year 2031: (A) New budget authority, $761,438,000,000.
  • (B) Outlays, $752,199,000,000.
  • Fiscal year 2032: (A) New budget authority, $779,471,000,000. (B) Outlays, $769,491,000,000.
  • Fiscal year 2033: (A) New budget authority, $800,819,000,000.
  • (B) Outlays, $797,512,000,000.
  • Fiscal year 2034: (A) New budget authority, $809,385,000,000. (B) Outlays, $799,089,000,000.
  • (14) Social Security (650): Fiscal year 2025: (A) New budget authority, $67,259,000,000. (B) Outlays, $67,259,000,000.
  • Fiscal year 2026: (A) New budget authority, $81,690,000,000. (B) Outlays, $81,690,000,000.
  • Fiscal year 2027: (A) New budget authority, $89,447,000,000. (B) Outlays, $89,447,000,000.
  • Fiscal year 2028: (A) New budget authority, $94,419,000,000. (B) Outlays, $94,419,000,000.
  • Fiscal year 2029: (A) New budget authority, $100,138,000,000.
  • (B) Outlays, $100,138,000,000.
  • Fiscal year 2030: (A) New budget authority, $106,208,000,000.
  • (B) Outlays, $106,208,000,000.
  • Fiscal year 2031: (A) New budget authority, $112,114,000,000.
  • (B) Outlays, $112,114,000,000.
  • Fiscal year 2032: (A) New budget authority, $118,485,000,000. (B) Outlays, $118,485,000,000.
  • Fiscal year 2033: (A) New budget authority, $125,325,000,000.
  • (B) Outlays, $125,325,000,000.
  • Fiscal year 2034: (A) New budget authority, $132,539,000,000.
  • (B) Outlays, $132,539,000,000.
  • (15) Veterans Benefits and Services (700): Fiscal year 2025: (A) New budget authority, $361,349,000,000.
  • (B) Outlays, $357,760,000,000.
  • Fiscal year 2026: (A) New budget authority, $382,555,000,000.
  • (B) Outlays, $378,814,000,000.
  • Fiscal year 2027: (A) New budget authority, $404,594,000,000.
  • (B) Outlays, $401,319,000,000.
  • Fiscal year 2028: (A) New budget authority, $427,329,000,000. (B) Outlays, $444,241,000,000.
  • Fiscal year 2029: (A) New budget authority, $447,757,000,000.
  • (B) Outlays, $422,317,000,000.
  • Fiscal year 2030: (A) New budget authority, $466,616,000,000.
  • (B) Outlays, $461,720,000,000.
  • Fiscal year 2031: (A) New budget authority, $486,716,000,000.
  • (B) Outlays, $481,638,000,000.
  • Fiscal year 2032: (A) New budget authority, $507,187,000,000. (B) Outlays, $502,655,000,000.
  • Fiscal year 2033: (A) New budget authority, $528,733,000,000.
  • (B) Outlays, $548,734,000,000.
  • Fiscal year 2034: (A) New budget authority, $550,662,000,000. (B) Outlays, $547,796,000,000. (16) Administration of Justice (750): Fiscal year 2025: (A) New budget authority, $83,111,000,000. (B) Outlays, $85,235,000,000.
  • Fiscal year 2026: (A) New budget authority, $88,992,000,000.
  • (B) Outlays, $87,024,000,000.
  • Fiscal year 2027: (A) New budget authority, $87,701,000,000.
  • (B) Outlays, $86,420,000,000.
  • Fiscal year 2028: (A) New budget authority, $89,687,000,000. (B) Outlays, $88,514,000,000.
  • Fiscal year 2029: (A) New budget authority, $92,142,000,000. (B) Outlays, $90,690,000,000.
  • Fiscal year 2030: (A) New budget authority, $94,574,000,000.
  • (B) Outlays, $92,986,000,000.
  • Fiscal year 2031: (A) New budget authority, $96,848,000,000. (B) Outlays, $94,869,000,000.
  • Fiscal year 2032: (A) New budget authority, $104,463,000,000. (B) Outlays, $101,844,000,000.
  • Fiscal year 2033: (A) New budget authority, $107,160,000,000. (B) Outlays, $104,339,000,000.
  • Fiscal year 2034: (A) New budget authority, $109,431,000,000. (B) Outlays, $106,934,000,000. (17) General Government (800): Fiscal year 2025: (A) New budget authority, $10,089,000,000. (B) Outlays, $37,960,000,000.
  • Fiscal year 2026: (A) New budget authority, $30,666,000,000.
  • (B) Outlays, $38,285,000,000.
  • Fiscal year 2027: (A) New budget authority, $32,065,000,000. (B) Outlays, $38,261,000,000.
  • Fiscal year 2028: (A) New budget authority, $32,994,000,000. (B) Outlays, $37,957,000,000.
  • Fiscal year 2029: (A) New budget authority, $33,770,000,000.
  • (B) Outlays, $37,793,000,000.
  • Fiscal year 2030: (A) New budget authority, $34,614,000,000.
  • (B) Outlays, $37,985,000,000.
  • Fiscal year 2031: (A) New budget authority, $35,247,000,000. (B) Outlays, $37,024,000,000.
  • Fiscal year 2032: (A) New budget authority, $36,189,000,000. (B) Outlays, $36,307,000,000.
  • Fiscal year 2033: (A) New budget authority, $36,960,000,000. (B) Outlays, $36,758,000,000.
  • Fiscal year 2034: (A) New budget authority, $37,681,000,000. (B) Outlays, $37,266,000,000. (18) Net Interest (900): Fiscal year 2025: (A) New budget authority, $1,010,050,000,000. (B) Outlays, $1,010,050,000,000.
  • Fiscal year 2026: (A) New budget authority, $1,022,935,000,000. (B) Outlays, $1,022,935,000,000.
  • Fiscal year 2027: (A) New budget authority, $1,064,571,000,000. (B) Outlays, $1,064,571,000,000.
  • Fiscal year 2028: (A) New budget authority, $1,130,048,000,000. (B) Outlays, $1,130,048,000,000.
  • Fiscal year 2029: (A) New budget authority, $1,186,820,000,000.
  • (B) Outlays, $1,186,820,000,000.
  • Fiscal year 2030: (A) New budget authority, $1,237,051,000,000. (B) Outlays, $1,237,051,000,000.
  • Fiscal year 2031: (A) New budget authority, $1,294,533,000,000. (B) Outlays, $1,294,533,000,000.
  • Fiscal year 2032: (A) New budget authority, $1,354,493,000,000. (B) Outlays, $1,354,493,000,000.
  • Fiscal year 2033: (A) New budget authority, $1,407,576,000,000. (B) Outlays, $1,407,576,000,000.
  • Fiscal year 2034: (A) New budget authority, $1,469,426,000,000. (B) Outlays, $1,469,426,000,000. (19) Allowances (920): Fiscal year 2025: (A) New budget authority, βˆ’$1,002,585,000,000.
  • (B) Outlays, βˆ’$982,952,000,000.
  • Fiscal year 2026: (A) New budget authority, βˆ’$888,507,000,000.
  • (B) Outlays, βˆ’$899,685,000,000.
  • Fiscal year 2027: (A) New budget authority, βˆ’$890,385,000,000. (B) Outlays, βˆ’$894,338,000,000.
  • Fiscal year 2028: (A) New budget authority, βˆ’$848,499,000,000. (B) Outlays, βˆ’$850,453,000,000.
  • Fiscal year 2029: (A) New budget authority, βˆ’$851,993,000,000.
  • (B) Outlays, βˆ’$853,311,000,000.
  • Fiscal year 2030: (A) New budget authority, βˆ’$874,575,000,000.
  • (B) Outlays, βˆ’$874,575,000,000.
  • Fiscal year 2031: (A) New budget authority, βˆ’$874,548,000,000. (B) Outlays, βˆ’$874,548,000,000.
  • Fiscal year 2032: (A) New budget authority, βˆ’$894,135,000,000. (B) Outlays, βˆ’$894,135,000,000.
  • Fiscal year 2033: (A) New budget authority, βˆ’$945,247,000,000.
  • (B) Outlays, βˆ’$945,247,000,000.
  • Fiscal year 2034: (A) New budget authority, βˆ’$913,790,000,000. (B) Outlays, βˆ’$913,790,000,000.
  • (20) Undistributed Offsetting Receipts (950): Fiscal year 2025: (A) New budget authority, βˆ’$127,603,000,000. (B) Outlays, βˆ’$127,603,000,000.
  • Fiscal year 2026: (A) New budget authority, βˆ’$135,110,000,000.
  • (B) Outlays, βˆ’$135,110,000,000.
  • Fiscal year 2027: (A) New budget authority, βˆ’$137,883,000,000.
  • (B) Outlays, βˆ’$137,883,000,000.
  • Fiscal year 2028: (A) New budget authority, βˆ’$141,145,000,000. (B) Outlays, βˆ’$141,165,000,000.
  • Fiscal year 2029: (A) New budget authority, βˆ’$145,400,000,000.
  • (B) Outlays, βˆ’$145,407,000,000.
  • Fiscal year 2030: (A) New budget authority, βˆ’$149,582,000,000. (B) Outlays, βˆ’$149,581,000,000.
  • Fiscal year 2031: (A) New budget authority, βˆ’$154,014,000,000.
  • (B) Outlays, βˆ’$154,013,000,000.
  • Fiscal year 2032: (A) New budget authority, βˆ’$160,114,000,000. (B) Outlays, βˆ’$160,113,000,000.
  • Fiscal year 2033: (A) New budget authority, βˆ’$166,102,000,000.
  • (B) Outlays, βˆ’$166,101,000,000.
  • Fiscal year 2034: (A) New budget authority, βˆ’$171,015,000,000.
  • (B) Outlays, βˆ’$171,014,000,000.

1201. Social Security in the Senate Read Opens in new tab

Summary AI

The section outlines the projected revenues, outlays, and administrative expenses for Social Security in the Senate from 2025 to 2034. It lists specific financial amounts for the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, detailing years with corresponding budgets for revenue and costs.

Money References

  • (a) Social Security Revenues.β€”For purposes of Senate enforcement under sections 302 and 311 of the Congressional Budget Act of 1974 (2 U.S.C. 633 and 642), the amounts of revenues of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund are as follows: (b) Social Security Outlays.β€”For purposes of Senate enforcement under sections 302 and 311 of the Congressional Budget Act of 1974 (2 U.S.C. 633 and 642), the amounts of outlays of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund are as follows: (c) Social Security Administrative Expenses.β€”In the Senate, the amounts of new budget authority and budget outlays of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund for administrative expenses are as follows: Fiscal year 2025: (A) New budget authority, $6,408,000,000.
  • (B) Outlays, $6,338,000,000.
  • Fiscal year 2026: (A) New budget authority, $6,268,000,000.
  • (B) Outlays, $6,287,000,000.
  • Fiscal year 2027: (A) New budget authority, $6,455,000,000.
  • (B) Outlays, $6,422,000,000.
  • Fiscal year 2028: (A) New budget authority, $6,644,000,000. (B) Outlays, $6,584,000,000.
  • Fiscal year 2029: (A) New budget authority, $6,832,000,000.
  • (B) Outlays, $6,765,000,000.
  • Fiscal year 2030: (A) New budget authority, $7,033,000,000.
  • (B) Outlays, $6,963,000,000.
  • Fiscal year 2031: (A) New budget authority, $7,233,000,000.
  • (B) Outlays, $7,162,000,000.
  • Fiscal year 2032: (A) New budget authority, $7,437,000,000.
  • (B) Outlays, $7,365,000,000.
  • Fiscal year 2033: (A) New budget authority, $7,651,000,000.
  • (B) Outlays, $7,576,000,000.
  • Fiscal year 2034: (A) New budget authority, $7,869,000,000.
  • (B) Outlays, $7,792,000,000.

1202. Postal Service discretionary administrative expenses in the Senate Read Opens in new tab

Summary AI

The provided section outlines the projected budget amounts for the Postal Service's administrative expenses in the Senate from fiscal year 2025 to 2034. Each year’s budget includes matching amounts for both new budget authority and outlays, starting at $268 million in 2025 and increasing annually, reaching $364 million by 2034.

Money References

  • In the Senate, the amounts of new budget authority and budget outlays of the Postal Service for discretionary administrative expenses are as follows: Fiscal year 2025: (A) New budget authority, $268,000,000.
  • (B) Outlays, $268,000,000.
  • Fiscal year 2026: (A) New budget authority, $279,000,000.
  • (B) Outlays, $279,000,000.
  • Fiscal year 2027: (A) New budget authority, $289,000,000.
  • (B) Outlays, $289,000,000.
  • Fiscal year 2028: (A) New budget authority, $299,000,000.
  • (B) Outlays, $299,000,000.
  • Fiscal year 2029: (A) New budget authority, $309,000,000.
  • (B) Outlays, $309,000,000.
  • Fiscal year 2030: (A) New budget authority, $319,000,000.
  • (B) Outlays, $319,000,000.
  • Fiscal year 2031: (A) New budget authority, $330,000,000.
  • (B) Outlays, $330,000,000.
  • Fiscal year 2032: (A) New budget authority, $341,000,000.
  • (B) Outlays, $341,000,000.
  • Fiscal year 2033: (A) New budget authority, $352,000,000.
  • (B) Outlays, $352,000,000.
  • Fiscal year 2034: (A) New budget authority, $364,000,000. (B) Outlays, $364,000,000.

2001. Reconciliation in the House of Representatives Read Opens in new tab

Summary AI

The House of Representatives has assigned several committees the task of making legal changes by March 7, 2025, to adjust government spending between 2025 and 2034. Most committees need to suggest ways to reduce the budget deficit by specific amounts, but the Committees on Armed Services, Homeland Security, Judiciary, and Transportation and Infrastructure can propose increases in the deficit, with limits set for each.

Money References

  • Reconciliation in the House of Representatives. (a) Committee on Agriculture.β€”The Committee on Agriculture of the House of Representatives shall report changes in laws within its jurisdiction that reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2025 through 2034. (b) Committee on Armed Services.β€”The Committee on Armed Services of the House of Representatives shall report changes in laws within its jurisdiction that increase the deficit by not more than $150,000,000,000 for the period of fiscal years 2025 through 2034. (c) Committee on Education and Workforce.β€”The Committee on Education and Workforce of the House of Representatives shall report changes in laws within its jurisdiction that reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2025 through 2034.
  • (d) Committee on Energy and Commerce.β€”The Committee on Energy and Commerce of the House of Representatives shall report changes in laws within its jurisdiction that reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2025 through 2034.
  • (e) Committee on Natural Resources.β€”The Committee on Natural Resources of the House of Representatives shall report changes in laws within its jurisdiction that reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2025 through 2034. (f) Committee on Homeland Security.β€”The Committee on Homeland Security of the House of Representatives shall report changes in laws within its jurisdiction that increase the deficit by not more than $175,000,000,000 for the period of fiscal years 2025 through 2034.
  • (g) Committee on the Judiciary.β€”The Committee on the Judiciary of the House of Representatives shall report changes in laws within its jurisdiction that increase the deficit by not more than $175,000,000,000 for the period of fiscal years 2025 through 2034.
  • (h) Committee on Transportation and Infrastructure.β€”The Committee on Transportation and Infrastructure of the House of Representatives shall report changes in laws within its jurisdiction that increase the deficit by not more than $20,000,000,000 for the period of fiscal years 2025 through 2034.

2002. Reconciliation in the Senate Read Opens in new tab

Summary AI

The Senate requires various committees to report changes in laws that either reduce or increase the deficit by specific amounts over the fiscal years 2025 through 2034. Each committee must submit its recommendations to the Senate Committee on the Budget by March 7, 2025, which will then draft a reconciliation bill based on those recommendations without making any major changes.

Money References

  • (a) Committee on Agriculture, Nutrition, and Forestry.β€”The Committee on Agriculture, Nutrition, and Forestry of the Senate shall report changes in laws within its jurisdiction that reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2025 through 2034. (b) Committee on Armed Services.β€”The Committee on Armed Services of the Senate shall report changes in laws within its jurisdiction that increase the deficit by not more than $150,000,000,000 for the period of fiscal years 2025 through 2034. (c) Committee on Commerce, Science, and Transportation.β€”The Committee on Commerce, Science, and Transportation of the Senate shall report changes in laws within its jurisdiction that increase the deficit by not more than $20,000,000,000 for the period of fiscal years 2025 through 2034.
  • (d) Committee on Energy and Natural Resources.β€”The Committee on Energy and Natural Resources of the Senate shall report changes in laws within its jurisdiction that reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2025 through 2034.
  • (e) Committee on Environment and Public Works.β€”The Committee on Environment and Public Works of the Senate shall report changes in laws within its jurisdiction that increase the deficit by not more than $1,000,000,000 for the period of fiscal years 2025 through 2034. (f) Committee on Finance.β€”The Committee on Finance of the Senate shall report changes in laws within its jurisdiction that reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2025 through 2034.
  • (g) Committee on Health, Education, Labor, and Pensions.β€”The Committee on Health, Education, Labor, and Pensions of the Senate shall report changes in laws within its jurisdiction that reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2025 through 2034.
  • (h) Committee on Homeland Security and Governmental Affairs.β€”The Committee on Homeland Security and Governmental Affairs of the Senate shall report changes in laws within its jurisdiction that increase the deficit by not more than $175,000,000,000 for the period of fiscal years 2025 through 2034.
  • (i) Committee on the Judiciary.β€”The Committee on the Judiciary of the Senate shall report changes in laws within its jurisdiction that increase the deficit by not more than $175,000,000,000 for the period of fiscal years 2025 through 2034.

3001. Reserve fund for reconciliation legislation Read Opens in new tab

Summary AI

In this section of the bill, both the House of Representatives and the Senate can adjust their budget allocations to allow for legislation with specific budget impacts, as long as it follows certain rules called reconciliation instructions. The budget committee leaders in both chambers have the authority to determine if the legislation complies with these rules, and there are certain exceptions to existing budgetary rules that may apply.

3002. Reserve fund for deficit-neutral legislation Read Opens in new tab

Summary AI

The section allows the Budget Committee Chairs in both the Senate and the House of Representatives to adjust financial levels and make necessary changes for legislation, as long as the legislation does not increase the government deficit from fiscal years 2025 to 2034.

4001. Enforcement filing Read Opens in new tab

Summary AI

In the House and Senate, if they agree on a budget for 2025 without needing a conference committee to resolve differences, specific budget allocations will be enforced to ensure compliance with existing budget laws. The chairs of the respective Budget Committees can submit these allocations for publication, detailing how various committees should manage their funds in alignment with the outlined budget rules.

4002. Budgetary treatment of administrative expenses Read Opens in new tab

Summary AI

In this section of the bill, both the Senate and the House of Representatives are instructed to include the costs for the administrative expenses of the Social Security Administration and the United States Postal Service in their budget allocations. This is done regardless of certain sections in the Congressional Budget Act and other related laws, ensuring these expenses are accounted for in budget reports.

4003. Application and effect of changes in allocations, aggregates, and other budgetary levels Read Opens in new tab

Summary AI

This section explains that any changes to budget allocations, aggregates, and levels as outlined in the resolution will apply during consideration of the measure, become effective upon enactment, and be published in the Congressional Record. It clarifies that these changes will be viewed as if they were part of the original resolution and will be based on estimates provided by the Budget Committee chair.

4004. Adjustment authority for revisions to statutory caps Read Opens in new tab

Summary AI

During the 119th Congress, if a law changes the rules about how much the government can spend, the head of the Senate Budget Committee can adjust budget limits and rules to match the new law.

4005. Adjustments to reflect changes in concepts and definitions Read Opens in new tab

Summary AI

The section allows the Budget Committees of both the House of Representatives and the Senate to adjust budget numbers if there's a change in how certain terms are defined, in line with a specific law from 1985. This means they can update their budget plans to fit the new definitions.

4006. Adjustment for changes in the baseline Read Opens in new tab

Summary AI

The section allows the leaders of the Budget Committees in both the House and the Senate to adjust budget plans to account for changes made to fiscal projections by the Congressional Budget Office for the years 2025 to 2034, including changes due to laws passed before the current resolution.

4007. Exercise of rulemaking powers Read Opens in new tab

Summary AI

Congress uses its rulemaking power to adopt the provisions of this title as part of the rules for each House, which will override existing rules if there's a conflict. However, both the Senate and the House of Representatives retain their constitutional right to modify these rules just like any other rules.