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.
Policy Area: Economics and Public Finance
Sponsor: Sen. Graham, Lindsey [R-SC] (R-SC)
Latest Action (2026-04-29): On agreeing to the resolution Agreed to by the Yeas and Nays: 215 – 211, 1 Present (Roll no. 143).
This concurrent resolution establishes the congressional budget for the federal government for FY2026, sets forth budgetary levels for FY2027-FY2035, and provides reconciliation instructions for legislation that increases the deficit. The resolution recommends levels and amounts for FY2026-FY2035 forfederal revenues,new budget authority,budget outlays,deficits,public debt,debt held by the public, andthe 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.The resolution includes reconciliation instructions that direct the House Homeland Security Committee, the House Judiciary Committee, the Senate Homeland Security and Governmental Affairs Committee, and the Senate Judiciary Committee to submit recommendations for legislation that will increase the deficit over FY2026-FY2035 by not more than $70 billion. Each committee must submit the recommendations to the House or Senate Budget Committee by May 15, 2026. (Under current law, reconciliation bills are considered by Congress using expedited legislative procedures that prevent a filibuster and restrict amendments in the Senate.)In addition, the resolution establishes reserve funds that allow certain adjustments to committee allocations and other budgetary levels to accommodate (1) reconciliation legislation, and (2) legislation that would not increase the deficit over
Subjects: Border security and unlawful immigration, Budget deficits and national debt, Budget process, Congressional committees, House Committee on Homeland Security, House Committee on the Judiciary, House of Representatives, Legislative rules and procedure
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