[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H. Con. Res. 14 Reported in House (RH)] <DOC> Union Calendar No. 1 119th CONGRESS 1st Session H. CON. RES. 14 [Report No. 119-4] 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 February 18, 2025 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), 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. 1001. Recommended levels and amounts. Sec. 1002. Major functional categories. TITLE II--RECONCILIATION AND RELATED MATTERS Sec. 2001. Reconciliation in the House of Representatives. TITLE III--RESERVE FUND Sec. 3001. Reserve fund for reconciliation legislation in the House of Representatives. Sec. 3002. Adjustment for spending cuts of at least $2 trillion. TITLE IV--POLICY STATEMENTS Sec. 4001. Policy statement on economic growth. Sec. 4002. Policy statement on mandatory spending reduction. Sec. 4003. Policy statement on Government deregulation. TITLE V--OTHER MATTERS Sec. 5001. Enforcement filing in the House of Representatives. Sec. 5002. Budgetary treatment of administrative expenses in the House of Representatives. Sec. 5003. Application and effect of changes in allocations, aggregates, and other budgetary levels. Sec. 5004. Adjustments to reflect changes in concepts and definitions in the House of Representatives. Sec. 5005. Adjustment for changes in the baseline. Sec. 5006. Exercise of rulemaking powers. TITLE I--RECOMMENDED LEVELS AND AMOUNTS SEC. 1001. 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: $3,408,969,000,000. Fiscal year 2026: $3,766,668,000,000. Fiscal year 2027: $4,066,393,000,000. Fiscal year 2028: $4,186,847,000,000. Fiscal year 2029: $4,309,831,000,000. Fiscal year 2030: $4,508,641,000,000. Fiscal year 2031: $4,730,270,000,000. Fiscal year 2032: $4,938,712,000,000. Fiscal year 2033: $5,172,643,000,000. Fiscal year 2034: $5,410,030,000,000. (B) The amounts by which the aggregate levels of Federal revenues should be changed are as follows: Fiscal year 2025: -$450,000,000,000. Fiscal year 2026: -$450,000,000,000. Fiscal year 2027: -$450,000,000,000. Fiscal year 2028: -$450,000,000,000. Fiscal year 2029: -$450,000,000,000. Fiscal year 2030: -$450,000,000,000. Fiscal year 2031: -$450,000,000,000. Fiscal year 2032: -$450,000,000,000. Fiscal year 2033: -$450,000,000,000. Fiscal year 2034: -$450,000,000,000. (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: $5,515,610,000,000. Fiscal year 2026: $5,605,352,000,000. Fiscal year 2027: $5,744,975,000,000. Fiscal year 2028: $5,999,399,000,000. Fiscal year 2029: $6,173,475,000,000. Fiscal year 2030: $6,494,898,000,000. Fiscal year 2031: $6,748,868,000,000. Fiscal year 2032: $7,048,096,000,000. Fiscal year 2033: $7,438,116,000,000 . Fiscal year 2034: $7,610,582,000,000. (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: $5,490,790,000,000. Fiscal year 2026: $5,623,085,000,000. Fiscal year 2027: $5,821,621,000,000. Fiscal year 2028: $6,088,332,000,000. Fiscal year 2029: $6,164,293,000,000. Fiscal year 2030: $6,484,545,000,000. Fiscal year 2031: $6,720,491,000,000. Fiscal year 2032: $6,983,637,000,000. Fiscal year 2033: $7,401,699,000,000. Fiscal year 2034: $7,529,256,000,000. (4) Deficits.--For purposes of the enforcement of this concurrent resolution, the amounts of the deficits are as follows: Fiscal year 2025: $2,081,821,000,000. Fiscal year 2026: $1,856,417,000,000. Fiscal year 2027: $1,755,228,000,000. Fiscal year 2028: $1,901,485,000,000. Fiscal year 2029: $1,854,462,000,000. Fiscal year 2030: $1,975,904,000,000. Fiscal year 2031: $1,990,221,000,000. Fiscal year 2032: $2,044,925,000,000. Fiscal year 2033: $2,229,056,000,000. Fiscal year 2034: $2,119,226,000,000. (5) Debt subject to limit.--The appropriate levels of debt subject to limit are as follows: Fiscal year 2025: $37,660,656,000,000. Fiscal year 2026: $39,839,449,000,000. Fiscal year 2027: $41,752,932,000,000. Fiscal year 2028: $43,721,320,000,000. Fiscal year 2029: $45,725,094,000,000. Fiscal year 2030: $47,646,893,000,000. Fiscal year 2031: $49,490,401,000,000. Fiscal year 2032: $51,311,359,000,000. Fiscal year 2033: $53,342,100,000,000. Fiscal year 2034: $55,566,372,000,000. (6) Debt held by the public.--The appropriate levels of debt held by the public are as follows: Fiscal year 2025: $30,430,405,000,000. Fiscal year 2026: $32,469,082,000,000. Fiscal year 2027: $34,395,037,000,000. Fiscal year 2028: $36,452,960,000,000. Fiscal year 2029: $38,403,594,000,000. Fiscal year 2030: $40,444,544,000,000. Fiscal year 2031: $42,449,786,000,000. Fiscal year 2032: $44,476,114,000,000. Fiscal year 2033: $46,612,129,000,000. Fiscal year 2034: $48,599,876,000,000. SEC. 1002. 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, $888,044,000,000. (B) Outlays, $883,821,000,000. Fiscal year 2026: (A) New budget authority, $913,263,000,000. (B) Outlays, $895,830,000,000. Fiscal year 2027: (A) New budget authority, $935,345,000,000. (B) Outlays, $913,493,000,000. Fiscal year 2028: (A) New budget authority, $956,694,000,000. (B) Outlays, $940,299,000,000. Fiscal year 2029: (A) New budget authority, $979,049,000,000. (B) Outlays, $950,598,000,000. Fiscal year 2030: (A) New budget authority, $1,002,337,000,000. (B) Outlays, $977,233,000,000. Fiscal year 2031: (A) New budget authority, $1,026,119,000,000. (B) Outlays, $996,535,000,000. Fiscal year 2032: (A) New budget authority, $1,050,408,000,000. (B) Outlays, $1,016,235,000,000. Fiscal year 2033: (A) New budget authority, $1,076,299,000,000. (B) Outlays, $1,050,728,000,000. Fiscal year 2034: (A) New budget authority, $1,101,659,000,000. (B) Outlays, $1,067,701,000,000. (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, $64,270,000,000. (B) Outlays, $68,458,000,000. Fiscal year 2027: (A) New budget authority, $64,856,000,000. (B) Outlays, $68,013,000,000. Fiscal year 2028: (A) New budget authority, $66,169,000,000. (B) Outlays, $64,433,000,000. Fiscal year 2029: (A) New budget authority, $67,655,000,000. (B) Outlays, $65,177,000,000. Fiscal year 2030: (A) New budget authority, $69,175,000,000. (B) Outlays, $65,601,000,000. Fiscal year 2031: (A) New budget authority, $70,699,000,000. (B) Outlays, $66,643,000,000. Fiscal year 2032: (A) New budget authority, $72,220,000,000. (B) Outlays, $67,916,000,000. Fiscal year 2033: (A) New budget authority, $73,809,000,000. (B) Outlays, $69,332,000,000. Fiscal year 2034: (A) New budget authority, $75,431,000,000. (B) Outlays, $70,768,000,000. (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, $43,056,000,000. (B) Outlays, $42,483,000,000. Fiscal year 2027: (A) New budget authority, $44,011,000,000. (B) Outlays, $43,166,000,000. Fiscal year 2028: (A) New budget authority, $44,881,000,000. (B) Outlays, $43,781,000,000. Fiscal year 2029: (A) New budget authority, $45,834,000,000. (B) Outlays, $44,611,000,000. Fiscal year 2030: (A) New budget authority, $46,835,000,000. (B) Outlays, $45,450,000,000. Fiscal year 2031: (A) New budget authority, $47,840,000,000. (B) Outlays, $46,405,000,000. Fiscal year 2032: (A) New budget authority, $48,853,000,000. (B) Outlays, $47,377,000,000. Fiscal year 2033: (A) New budget authority, $49,907,000,000. (B) Outlays, $48,391,000,000. Fiscal year 2034: (A) New budget authority, $50,997,000,000. (B) Outlays, $49,436,000,000. (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, $40,172,000,000. (B) Outlays, $44,518,000,000. Fiscal year 2027: (A) New budget authority, $43,579,000,000. (B) Outlays, $52,928,000,000. Fiscal year 2028: (A) New budget authority, $44,493,000,000. (B) Outlays, $52,542,000,000. Fiscal year 2029: (A) New budget authority, $45,633,000,000. (B) Outlays, $51,237,000,000. Fiscal year 2030: (A) New budget authority, $44,014,000,000. (B) Outlays, $47,297,000,000. Fiscal year 2031: (A) New budget authority, $45,460,000,000. (B) Outlays, $46,521,000,000. Fiscal year 2032: (A) New budget authority, $50,176,000,000. (B) Outlays, $48,864,000,000. Fiscal year 2033: (A) New budget authority, $35,184,000,000. (B) Outlays, $34,040,000,000. Fiscal year 2034: (A) New budget authority, $27,122,000,000. (B) Outlays, $26,021,000,000. (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, $89,760,000,000. (B) Outlays, $90,428,000,000. Fiscal year 2027: (A) New budget authority, $83,830,000,000. (B) Outlays, $91,282,000,000. Fiscal year 2028: (A) New budget authority, $85,498,000,000. (B) Outlays, $91,754,000,000. Fiscal year 2029: (A) New budget authority, $87,319,000,000. (B) Outlays, $92,172,000,000. Fiscal year 2030: (A) New budget authority, $88,970,000,000. (B) Outlays, $92,442,000,000. Fiscal year 2031: (A) New budget authority, $91,016,000,000. (B) Outlays, $92,640,000,000. Fiscal year 2032: (A) New budget authority, $92,975,000,000. (B) Outlays, $91,686,000,000. Fiscal year 2033: (A) New budget authority, $95,254,000,000. (B) Outlays, $93,640,000,000. Fiscal year 2034: (A) New budget authority, $97,211,000,000. (B) Outlays, $94,831,000,000. (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, $59,875,000,000. (B) Outlays, $58,018,000,000. Fiscal year 2027: (A) New budget authority, $64,092,000,000. (B) Outlays, $61,792,000,000. Fiscal year 2028: (A) New budget authority, $66,014,000,000. (B) Outlays, $64,140,000,000. Fiscal year 2029: (A) New budget authority, $66,999,000,000. (B) Outlays, $63,775,000,000. Fiscal year 2030: (A) New budget authority, $65,213,000,000. (B) Outlays, $62,065,000,000. Fiscal year 2031: (A) New budget authority, $65,516,000,000. (B) Outlays, $62,226,000,000. Fiscal year 2032: (A) New budget authority, $66,979,000,000. (B) Outlays, $63,432,000,000. Fiscal year 2033: (A) New budget authority, $68,738,000,000. (B) Outlays, $64,825,000,000. Fiscal year 2034: (A) New budget authority, $70,130,000,000. (B) Outlays, $66,347,000,000. (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, $33,817,000,000. (B) Outlays, -$207,000,000. Fiscal year 2027: (A) New budget authority, $29,807,000,000. (B) Outlays, $8,387,000,000. Fiscal year 2028: (A) New budget authority, -$55,092,000,000. (B) Outlays, -$64,213,000,000. Fiscal year 2029: (A) New budget authority, $27,308,000,000. (B) Outlays, $17,149,000,000. Fiscal year 2030: (A) New budget authority, $27,501,000,000. (B) Outlays, $14,043,000,000. Fiscal year 2031: (A) New budget authority, $27,776,000,000. (B) Outlays, $9,486,000,000. Fiscal year 2032: (A) New budget authority, $28,233,000,000. (B) Outlays, $6,788,000,000. Fiscal year 2033: (A) New budget authority, $22,118,000,000. (B) Outlays, -$2,412,000,000. Fiscal year 2034: (A) New budget authority, $31,836,000,000. (B) Outlays, $4,308,000,000. (8) Transportation (400): Fiscal year 2025: (A) New budget authority, $173,158,000,000. (B) Outlays, $144,771,000,000. Fiscal