[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H. Con. Res. 117 Reported in House (RH)]
<DOC>
Union Calendar No. 469
118th CONGRESS
2d Session
H. CON. RES. 117
[Report No. 118-568]
Establishing 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.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
June 27, 2024
Mr. Arrington from the Committee on the Budget, reported the following
concurrent resolution; which was committed to the Committee of the
Whole House on the State of the Union and ordered to be printed
_______________________________________________________________________
CONCURRENT RESOLUTION
Establishing 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.
Resolved by the House of Representatives (the Senate concurring),
That
SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2025.
(a) Declaration.--The Congress determines and declares that prior
concurrent resolutions on the budget are replaced as of fiscal year
2025 and that this concurrent resolution establishes the budget for
fiscal year 2025 and sets forth the appropriate budgetary levels for
fiscal years 2026 through 2034.
(b) Table of Contents.--The table of contents for this concurrent
resolution is as follows:
Sec. 1. Concurrent resolution on the budget for fiscal year 2025.
TITLE I--RECOMMENDED LEVELS AND AMOUNTS
Sec. 101. Recommended levels and amounts.
Sec. 102. Major functional categories.
TITLE II--BUDGET ENFORCEMENT IN THE HOUSE OF REPRESENTATIVES
Sec. 201. Point of order against increasing long-term direct spending.
Sec. 202. Limitation on changes in certain mandatory programs.
Sec. 203. Limitation on advance appropriations.
Sec. 204. Estimates of debt service costs.
Sec. 205. Fair-value credit estimates.
Sec. 206. Adjustments for improved control of budgetary resources.
Sec. 207. Limitation on transfers from the general fund of the Treasury
to the Highway Trust Fund.
Sec. 208. Budgetary treatment of administrative expenses.
Sec. 209. Application and effect of changes in allocations and
aggregates.
Sec. 210. Adjustments to reflect changes in concepts and definitions.
Sec. 211. Adjustment for changes in the baseline.
Sec. 212. Exercise of rulemaking powers.
TITLE III--RESERVE FUNDS IN THE HOUSE OF REPRESENTATIVES
Sec. 301. Deficit neutral reserve fund for investments in national
infrastructure.
Sec. 302. Reserve fund for pro-growth tax policies.
Sec. 303. Deficit neutral reserve fund for medical innovation.
Sec. 304. Reserve fund for trade agreements.
TITLE IV--POLICY STATEMENTS IN THE HOUSE OF REPRESENTATIVES
Sec. 401. Policy statement on economic growth.
Sec. 402. Policy statement on unauthorized appropriations.
Sec. 403. Policy statement on improper payments.
Sec. 404. Policy statement on budget gimmick reform.
Sec. 405. Policy statement on higher education and the American
workforce.
Sec. 406. Policy statement on Medicare.
Sec. 407. Policy statement on promoting patient-centered health care
reform.
Sec. 408. Policy statement on medical innovation.
Sec. 409. Policy statement on Medicaid work requirements.
Sec. 410. Policy statement on combating the opioid epidemic.
Sec. 411. Policy statement on border security.
Sec. 412. Policy statement on the Supplemental Nutrition Assistance
Program.
Sec. 413. Policy statement on agriculture.
Sec. 414. Policy statement on bipartisan fiscal commission.
Sec. 415. Policy statement on government deregulation.
TITLE I--RECOMMENDED LEVELS AND AMOUNTS
SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.
The following budgetary levels are appropriate for each of fiscal
years 2025 through 2034:
(1) Federal revenues.--For purposes of the enforcement of
this concurrent resolution:
(A) The recommended levels of Federal revenues are
as follows:
Fiscal year 2025: $3,711,238,000,000.
Fiscal year 2026: $4,013,146,000,000.
Fiscal year 2027: $4,295,087,000,000.
Fiscal year 2028: $4,429,736,000,000.
Fiscal year 2029: $4,650,450,000,000.
Fiscal year 2030: $4,859,791,000,000.
Fiscal year 2031: $5,040,628,000,000.
Fiscal year 2032: $5,212,522,000,000.
Fiscal year 2033: $5,428,517,000,000.
Fiscal year 2034: $5,671,517,000,000.
(B) The amounts by which the aggregate levels of
Federal revenues should be changed are as follows:
Fiscal year 2025: $0.
Fiscal year 2026: $0.
Fiscal year 2027: $0.
Fiscal year 2028: $0.
Fiscal year 2029: $0.
Fiscal year 2030: $0.
Fiscal year 2031: $0.
Fiscal year 2032: $0.
Fiscal year 2033: $0.
Fiscal year 2034: $0.
(2) New budget authority.--For purposes of the enforcement
of this concurrent resolution, the appropriate levels of total
new budget authority are as follows:
Fiscal year 2025: $4,986,064,000,000.
Fiscal year 2026: $5,059,066,000,000.
Fiscal year 2027: $4,976,652,000,000.
Fiscal year 2028: $5,025,086,000,000.
Fiscal year 2029: $5,193,282,000,000.
Fiscal year 2030: $5,282,574,000,000.
Fiscal year 2031: $5,402,963,000,000.
Fiscal year 2032: $5,555,314,000,000.
Fiscal year 2033: $5,665,969,000,000.
Fiscal year 2034: $5,868,865,000,000.
(3) Budget outlays.--For purposes of the enforcement of
this concurrent resolution, the appropriate levels of total
budget outlays are as follows:
Fiscal year 2025: $5,112,497,000,000.
Fiscal year 2026: $5,092,701,000,000.
Fiscal year 2027: $5,054,300,000,000.
Fiscal year 2028: $5,050,416,000,000.
Fiscal year 2029: $5,171,200,000,000.
Fiscal year 2030: $5,266,020,000,000.
Fiscal year 2031: $5,375,556,000,000.
Fiscal year 2032: $5,493,701,000,000.
Fiscal year 2033: $5,644,312,000,000.
Fiscal year 2034: $5,805,139,000,000.
(4) Deficits (on-budget).--For purposes of the enforcement
of this concurrent resolution, the amounts of the deficits (on-
budget) are as follows:
Fiscal year 2025: $1,401,259,000,000.
Fiscal year 2026: $1,079,555,000,000.
Fiscal year 2027: $759,213,000,000.
Fiscal year 2028: $620,680,000,000.
Fiscal year 2029: $520,750,000,000.
Fiscal year 2030: $406,229,000,000.
Fiscal year 2031: $334,928,000,000.
Fiscal year 2032: $281,179,000,000.
Fiscal year 2033: $215,795,000,000.
Fiscal year 2034: $133,622,000,000.
(5) Debt subject to limit.--The appropriate levels of debt
subject to limit are as follows:
Fiscal year 2025: $36,578,874,000,000.
Fiscal year 2026: $37,947,874,000,000.
Fiscal year 2027: $38,794,984,000,000.
Fiscal year 2028: $39,451,216,000,000.
Fiscal year 2029: $39,982,390,000,000.
Fiscal year 2030: $40,237,559,000,000.
Fiscal year 2031: $40,315,462,000,000.
Fiscal year 2032: $40,253,143,000,000.
Fiscal year 2033: $40,262,778,000,000.
Fiscal year 2034: $40,307,468,000,000.
(6) Debt held by the public.--The appropriate levels of
debt held by the public are as follows:
Fiscal year 2025: $29,475,133,000,000.
Fiscal year 2026: $30,762,031,000,000.
Fiscal year 2027: $31,708,264,000,000.
Fiscal year 2028: $32,494,197,000,000.
Fiscal year 2029: $33,120,708,000,000.
Fiscal year 2030: $33,570,152,000,000.
Fiscal year 2031: $33,890,747,000,000.
Fiscal year 2032: $34,124,543,000,000.
Fiscal year 2033: $34,210,285,000,000.
Fiscal year 2034: $34,148,229,000,000.
SEC. 102. MAJOR FUNCTIONAL CATEGORIES.
The 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, $921,721,000,000.
(B) Outlays, $884,364,000,000.
Fiscal year 2026:
(A) New budget authority, $932,396,000,000.
(B) Outlays, $910,761,000,000.
Fiscal year 2027:
(A) New budget authority, $940,663,000,000.
(B) Outlays, $921,707,000,000.
Fiscal year 2028:
(A) New budget authority, $961,573,000,000.
(B) Outlays, $943,589,000,000.
Fiscal year 2029:
(A) New budget authority, $983,641,000,000.
(B) Outlays, $951,460,000,000.
Fiscal year 2030:
(A) New budget authority,
$1,006,040,000,000.
(B) Outlays, $976,545,000,000.
Fiscal year 2031:
(A) New budget authority,
$1,029,362,000,000.
(B) Outlays, $997,102,000,000.
Fiscal year 2032:
(A) New budget authority,
$1,054,875,000,000.
(B) Outlays, $1,019,083,000,000.
Fiscal year 2033:
(A) New budget authority,
$1,079,250,000,000.
(B) Outlays, $1,052,673,000,000.
Fiscal year 2034:
(A) New budget authority,
$1,104,032,000,000.
(B) Outlays, $1,070,524,000,000.
(2) International Affairs (150):
Fiscal year 2025:
(A) New budget authority, $68,208,000,000.
(B) Outlays, $64,005,000,000.
Fiscal year 2026:
(A) New budget authority, $66,682,000,000.
(B) Outlays, $64,577,000,000.
Fiscal year 2027:
(A) New budget authority, $68,136,000,000.
(B) Outlays, $66,371,000,000.
Fiscal year 2028:
(A) New budget authority, $69,496,000,000.
(B) Outlays, $66,768,000,000.
Fiscal year 2029:
(A) New budget authority, $71,023,000,000.
(B) Outlays, $67,975,000,000.
Fiscal year 2030:
(A) New budget authority, $72,524,000,000.
(B) Outlays, $69,091,000,000.
Fiscal year 2031:
(A) New budget authority, $74,102,000,000.
(B) Outlays, $70,256,000,000.
Fiscal year 2032:
(A) New budget authority, $75,684,000,000.
(B) Outlays, $71,549,000,000.
Fiscal year 2033:
(A) New budget authority, $77,311,000,000.
(B) Outlays, $72,925,000,000.
Fiscal year 2034:
(A) New budget authority, $78,943,000,000.
(B) Outlays, $74,282,000,000.
(3) General Science, Space, and Technology (250):
Fiscal year 2025:
(A) New budget authority, $43,200,000,000.
(B) Outlays, $43,115,000,000.
Fiscal year 2026:
(A) New budget authority, $44,128,000,000.
(B) Outlays, $43,400,000,000.
Fiscal year 2027:
(A) New budget authority, $45,060,000,000.
(B) Outlays, $44,101,000,000.
Fiscal year 2028:
(A) New budget authority, $45,940,000,000.
(B) Outlays, $44,793,000,000.
Fiscal year 2029:
(A) New budget authority, $46,908,000,000.
(B) Outlays, $45,616,000,000.
Fiscal year 2030:
(A) New budget authority, $47,884,000,000.
(B) Outlays, $46,447,000,000.
Fiscal year 2031:
(A) New budget authority, $48,902,000,000.
(B) Outlays, $47,421,000,000.
Fiscal year 2032:
(A) New budget authority, $49,934,000,000.
(B) Outlays, $48,419,000,000.
Fiscal year 2033:
(A) New budget authority, $50,994,000,000.
(B) Outlays, $49,440,000,000.
Fiscal year 2034:
(A) New budget authority, $52,077,000,000.
(B) Outlays, $50,494,000,000.
(4) Energy (270):
Fiscal year 2025:
(A) New budget authority, $35,389,000,000.
(B) Outlays, $36,523,000,000.
Fiscal year 2026:
(A) New budget authority, $34,674,000,000.
(B) Outlays, $42,653,000,000.
Fiscal year 2027:
(A) New budget authority, $36,933,000,000.
(B) Outlays, $46,157,000,000.
Fiscal year 2028:
(A) New budget authority, $38,556,000,000.
(B) Outlays, $46,228,000,000.
Fiscal year 2029:
(A) New budget authority, $41,251,000,000.
(B) Outlays, $46,567,000,000.
Fiscal year 2030:
(A) New budget authority, $39,167,000,000.
(B) Outlays, $41,677,000,000.
Fiscal year 2031:
(A) New budget authority, $38,187,000,000.
(B) Outlays, $38,829,000,000.
Fiscal year 2032:
(A) New budget authority, $40,455,000,000.
(B) Outlays, $38,870,000,000.
Fiscal year 2033:
(A) New budget authority, $34,197,000,000.
(B) Outlays, $32,942,000,000.
Fiscal year 2034:
(A) New budget authority, $28,817,000,000.
(B) Outlays, $27,627,000,000.
(5) Natural Resources and Environment (300):
Fiscal year 2025:
(A) New budget authority, $77,574,000,000.
(B) Outlays, $75,528,000,000.
Fiscal year 2026:
(A) New budget authority, $78,928,000,000.
(B) Outlays, $83,476,000,000.
Fiscal year 2027:
(A) New budget authority, $72,892,000,000.
(B) Outlays, $85,681,000,000.
Fiscal year 2028:
(A) New budget authority, $74,504,000,000.
(B) Outlays, $82,547,000,000.
Fiscal year 2029:
(A) New budget authority, $76,163,000,000.
(B) Outlays, $80,791,000,000.
Fiscal year 2030:
(A) New budget authority, $77,669,000,000.
(B) Outlays, $78,987,000,000.
Fiscal year 2031:
(A) New budget authority, $79,300,000,000.
(B) Outlays, $78,179,000,000.
Fiscal year 2032:
(A) New budget authority, $81,511,000,000.
(B) Outlays, $77,837,000,000.
Fiscal year 2033:
(A) New budget authority, $83,151,000,000.
(B) Outlays, $79,572,000,000.
Fiscal year 2034:
(A) New budget authority, $85,124,000,000.
(B) Outlays, $81,614,000,000.
(6) Agriculture (350):
Fiscal year 2025:
(A) New budget authority, $26,808,000,000.
(B) Outlays, $31,376,000,000.
Fiscal year 2026:
(A) New budget authority, $29,215,000,000.
(B) Outlays, $31,145,000,000.
Fiscal year 2027:
(A) New budget authority, $30,603,000,000.
(B) Outlays, $31,660,000,000.
Fiscal year 2028:
(A) New budget authority, $31,783,000,000.
(B) Outlays, $32,256,000,000.
Fiscal year 2029:
(A) New budget authority, $32,839,000,000.
(B) Outlays, $32,136,000,000.
Fiscal year 2030:
(A) New budget authority, $31,053,000,000.
(B) Outlays, $30,186,000,000.
Fiscal year 2031:
(A) New budget authority, $30,061,000,000.
(B) Outlays, $29,158,000,000.
Fiscal year 2032:
(A) New budget authority, $30,501,000,000.
(B) Outlays, $29,236,000,000.
Fiscal year 2033:
(A) New budget authority, $30,740,000,000.
(B) Outlays, $29,468,000,000.
Fiscal year 2034:
(A) New budget authority, $31,012,000,000.
(B) Outlays, $30,072,000,000.
(7) Commerce and Housing Credit (370):
Fiscal year 2025:
(A) New budget authority, $20,380,000,000.
(B) Outlays, -$8,395,000,000.
Fiscal year 2026:
(A) New budget authority, $21,548,000,000.
(B) Outlays, -$775,000,000.
Fiscal year 2027:
(A) New budget authority, $17,703,000,000.
(B) Outlays, $8,833,000,000.
Fiscal year 2028:
(A) New budget authority, $16,578,000,000.
(B) Outlays, -$40,398,000,000.
Fiscal year 2029:
(A) New budget authority, $5,587,000,000.
(B) Outlays, -$4,878,000,000.
Fiscal year 2030:
(A) New budget authority, $14,223,000,000.
(B) Outlays, -$800,000,00