Congress would set the government's spending and revenue plan for the next ten years.
This bill would create a budget blueprint for the U.S. government from fiscal year 2027 through 2036. It sets overall targets for federal revenues (money coming in), new budget authority (permission to spend), budget outlays (actual spending), the national deficit, and the public debt. These targets cover fiscal year 2027 (October 2026 to September 2027) and the following nine years, through 2036. It also tells specific House and Senate committees to propose changes to laws that would increase the deficit by certain amounts.
Today, Congress operates under existing budget frameworks. If passed, this bill would establish the official budget plan for fiscal year 2027 and set targets for the next nine years (2028-2036). It would also start a process where specific committees are instructed to propose changes to laws to meet certain deficit targets.
SCONRES 38 · 119th Congress · AI Summary by gemini-2.5-flash · 10/10
Sign in to see your representatives' phone numbers