What the bill does
This concurrent resolution establishes the congressional budget for the federal government for FY2023 and sets forth budgetary levels for FY2024-FY2032. The resolution recommends levels and amounts for FY2023-FY2032 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.
Subjects: Appropriations, Budget deficits and national debt, Budget process, Defense spending, Disability assistance, Executive agency funding and structure, Government trust funds, Health care costs and insurance, Health programs administration and funding, Legislative rules and procedure
