[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. Con. Res. 7 Reported in Senate (RS)]
<DOC>
Calendar No. 13
119th CONGRESS
1st Session
S. CON. RES. 7
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.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
February 13, 2025
Mr. Graham, from the Committee on the Budget, reported the following
original concurrent resolution; which was placed on the calendar
_______________________________________________________________________
CONCURRENT RESOLUTION
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.
Resolved by the Senate (the House of Representatives concurring),
SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2025.
(a) Declaration.--Congress declares that this resolution is the
concurrent resolution on the budget for fiscal year 2025 and that this
resolution 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
Subtitle A--Budgetary Levels in Both Houses
Sec. 1101. Recommended levels and amounts.
Sec. 1102. Major functional categories.
Subtitle B--Levels and Amounts in the Senate
Sec. 1201. Social Security in the Senate.
Sec. 1202. Postal Service discretionary administrative expenses in the
Senate.
TITLE II--RECONCILIATION
Sec. 2001. Reconciliation in the House of Representatives.
Sec. 2002. Reconciliation in the Senate.
TITLE III--RESERVE FUNDS
Sec. 3001. Reserve fund for reconciliation legislation.
Sec. 3002. Reserve fund for deficit-neutral legislation.
TITLE IV--OTHER MATTERS
Sec. 4001. Enforcement filing.
Sec. 4002. Budgetary treatment of administrative expenses.
Sec. 4003. Application and effect of changes in allocations,
aggregates, and other budgetary levels.
Sec. 4004. Adjustment authority for revisions to statutory caps.
Sec. 4005. Adjustments to reflect changes in concepts and definitions.
Sec. 4006. Adjustment for changes in the baseline.
Sec. 4007. Exercise of rulemaking powers.
TITLE I--RECOMMENDED LEVELS AND AMOUNTS
Subtitle A--Budgetary Levels in Both Houses
SEC. 1101. 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 resolution:
(A) The recommended levels of Federal revenues are
as follows:
Fiscal year 2025: $3,853,053,000,000.
Fiscal year 2026: $4,005,633,000,000.
Fiscal year 2027: $4,095,208,000,000.
Fiscal year 2028: $4,221,709,000,000.
Fiscal year 2029: $4,343,708,000,000.
Fiscal year 2030: $4,536,585,000,000.
Fiscal year 2031: $4,744,851,000,000.
Fiscal year 2032: $4,939,252,000,000.
Fiscal year 2033: $5,155,399,000,000.
Fiscal year 2034: $5,375,311,000,000.
(B) The amounts by which the aggregate levels of
Federal revenues should be changed are as follows:
Fiscal year 2025: -$5,916,000,000.
Fiscal year 2026: -$211,035,000,000.
Fiscal year 2027: -$421,185,000,000.
Fiscal year 2028: -$415,138,000,000.
Fiscal year 2029: -$416,123,000,000.
Fiscal year 2030: -$422,056,000,000.
Fiscal year 2031: -$435,419,000,000.
Fiscal year 2032: -$449,460,000,000.
Fiscal year 2033: -$467,244,000,000.
Fiscal year 2034: -$484,719,000,000.
(2) Federal revenue changes relative to current policy.--
The amounts by which the aggregate levels of Federal revenues
should be changed compared to current policy 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.
(3) New budget authority.--For purposes of the enforcement
of this resolution, the appropriate levels of total new budget
authority are as follows:
Fiscal year 2025: $4,660,822,000,000.
Fiscal year 2026: $4,787,172,000,000.
Fiscal year 2027: $4,918,969,000,000.
Fiscal year 2028: $5,195,931,000,000.
Fiscal year 2029: $5,348,812,000,000.
Fiscal year 2030: $5,634,695,000,000.
Fiscal year 2031: $5,877,961,000,000.
Fiscal year 2032: $6,148,105,000,000.
Fiscal year 2033: $6,480,776,000,000.
Fiscal year 2034: $6,681,550,000,000.
(4) Budget outlays.--For purposes of the enforcement of
this resolution, the appropriate levels of total budget outlays
are as follows:
Fiscal year 2025: $4,636,002,000,000.
Fiscal year 2026: $4,803,228,000,000.
Fiscal year 2027: $4,995,184,000,000.
Fiscal year 2028: $5,283,709,000,000.
Fiscal year 2029: $5,338,399,000,000.
Fiscal year 2030: $5,621,606,000,000.
Fiscal year 2031: $5,845,033,000,000.
Fiscal year 2032: $6,078,132,000,000.
Fiscal year 2033: $6,437,602,000,000.
Fiscal year 2034: $6,592,030,000,000.
(5) Deficits.--For purposes of the enforcement of this
resolution, the amounts of the deficits are as follows:
Fiscal year 2025: $782,949,000,000.
Fiscal year 2026: $797,595,000,000.
Fiscal year 2027: $899,976,000,000.
Fiscal year 2028: $1,062,000,000,000.
Fiscal year 2029: $994,691,000,000.
Fiscal year 2030: $1,085,021,000,000.
Fiscal year 2031: $1,100,182,000,000.
Fiscal year 2032: $1,138,880,000,000.
Fiscal year 2033: $1,282,203,000,000.
Fiscal year 2034: $1,216,719,000,000.
(6) Public debt.--Pursuant to section 301(a)(5) of the
Congressional Budget Act of 1974 (2 U.S.C. 632(a)(5)), the
appropriate levels of the public debt are as follows:
Fiscal year 2025: $36,371,784,000,000.
Fiscal year 2026: $37,521,488,000,000.
Fiscal year 2027: $38,649,388,000,000.
Fiscal year 2028: $39,897,925,000,000.
Fiscal year 2029: $41,251,544,000,000.
Fiscal year 2030: $42,552,065,000,000.
Fiscal year 2031: $43,855,127,000,000.
Fiscal year 2032: $45,199,622,000,000.
Fiscal year 2033: $46,803,080,000,000.
Fiscal year 2034: $48,714,403,000,000.
(7) Debt held by the public.--The appropriate levels of
debt held by the public are as follows:
Fiscal year 2025: $29,141,533,000,000.
Fiscal year 2026: $30,151,121,000,000.
Fiscal year 2027: $31,291,493,000,000.
Fiscal year 2028: $32,629,565,000,000.
Fiscal year 2029: $33,930,044,000,000.
Fiscal year 2030: $35,349,716,000,000.
Fiscal year 2031: $36,814,512,000,000.
Fiscal year 2032: $38,364,377,000,000.
Fiscal year 2033: $40,073,109,000,000.
Fiscal year 2034: $41,747,907,000,000.
SEC. 1102. MAJOR FUNCTIONAL CATEGORIES.
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, -$18,175,000,000.
Fiscal year 2026:
(A) New budget authority, $32,747,000,000.
(B) Outlays, -$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, -$56,796,000,000.
(B) Outlays, -$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, -$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,