IV
Union Calendar No. 1
119THCONGRESS
1
STSESSION 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
FEBRUARY18, 2025
Mr. A
RRINGTON, 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 1
concurring), 2
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SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET 1
FOR FISCAL YEAR 2025. 2
(a) D
ECLARATION.—The Congress determines and 3
declares that prior concurrent resolutions on the budget 4
are replaced as of fiscal year 2025 and that this concur-5
rent resolution establishes the budget for fiscal year 2025 6
and sets forth the appropriate budgetary levels for fiscal 7
years 2026 through 2034. 8
(b) T
ABLE OFCONTENTS.—The table of contents for 9
this concurrent resolution is as follows: 10
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 Rep-
resentatives.
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.
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TITLE I—RECOMMENDED 1
LEVELS AND AMOUNTS 2
SEC. 1001. RECOMMENDED LEVELS AND AMOUNTS. 3
The following budgetary levels are appropriate for 4
each of fiscal years 2025 through 2034: 5
(1) F
EDERAL REVENUES .—For purposes of the 6
enforcement of this concurrent resolution: 7
(A) The recommended levels of Federal 8
revenues are as follows: 9
Fiscal year 2025: $3,408,969,000,000. 10
Fiscal year 2026: $3,766,668,000,000. 11
Fiscal year 2027: $4,066,393,000,000. 12
Fiscal year 2028: $4,186,847,000,000. 13
Fiscal year 2029: $4,309,831,000,000. 14
Fiscal year 2030: $4,508,641,000,000. 15
Fiscal year 2031: $4,730,270,000,000. 16
Fiscal year 2032: $4,938,712,000,000. 17
Fiscal year 2033: $5,172,643,000,000. 18
Fiscal year 2034: $5,410,030,000,000. 19
(B) The amounts by which the aggregate 20
levels of Federal revenues should be changed 21
are as follows: 22
Fiscal year 2025: -$450,000,000,000. 23
Fiscal year 2026: -$450,000,000,000. 24
Fiscal year 2027: -$450,000,000,000. 25
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Fiscal year 2028: -$450,000,000,000. 1
Fiscal year 2029: -$450,000,000,000. 2
Fiscal year 2030: -$450,000,000,000. 3
Fiscal year 2031: -$450,000,000,000. 4
Fiscal year 2032: -$450,000,000,000. 5
Fiscal year 2033: -$450,000,000,000. 6
Fiscal year 2034: -$450,000,000,000. 7
(2) N
EW BUDGET AUTHORITY .—For purposes 8
of the enforcement of this concurrent resolution, the 9
appropriate levels of total new budget authority are 10
as follows: 11
Fiscal year 2025: $5,515,610,000,000. 12
Fiscal year 2026: $5,605,352,000,000. 13
Fiscal year 2027: $5,744,975,000,000. 14
Fiscal year 2028: $5,999,399,000,000. 15
Fiscal year 2029: $6,173,475,000,000. 16
Fiscal year 2030: $6,494,898,000,000. 17
Fiscal year 2031: $6,748,868,000,000. 18
Fiscal year 2032: $7,048,096,000,000. 19
Fiscal year 2033: $7,438,116,000,000 . 20
Fiscal year 2034: $7,610,582,000,000. 21
(3) B
UDGET OUTLAYS.—For purposes of the 22
enforcement of this concurrent resolution, the appro-23
priate levels of total budget outlays are as follows: 24
Fiscal year 2025: $5,490,790,000,000. 25
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Fiscal year 2026: $5,623,085,000,000. 1
Fiscal year 2027: $5,821,621,000,000. 2
Fiscal year 2028: $6,088,332,000,000. 3
Fiscal year 2029: $6,164,293,000,000. 4
Fiscal year 2030: $6,484,545,000,000. 5
Fiscal year 2031: $6,720,491,000,000. 6
Fiscal year 2032: $6,983,637,000,000. 7
Fiscal year 2033: $7,401,699,000,000. 8
Fiscal year 2034: $7,529,256,000,000. 9
(4) D
EFICITS.—For purposes of the enforce-10
ment of this concurrent resolution, the amounts of 11
the deficits are as follows: 12
Fiscal year 2025: $2,081,821,000,000. 13
Fiscal year 2026: $1,856,417,000,000. 14
Fiscal year 2027: $1,755,228,000,000. 15
Fiscal year 2028: $1,901,485,000,000. 16
Fiscal year 2029: $1,854,462,000,000. 17
Fiscal year 2030: $1,975,904,000,000. 18
Fiscal year 2031: $1,990,221,000,000. 19
Fiscal year 2032: $2,044,925,000,000. 20
Fiscal year 2033: $2,229,056,000,000. 21
Fiscal year 2034: $2,119,226,000,000. 22
(5) D
EBT SUBJECT TO LIMIT.—The appropriate 23
levels of debt subject to limit are as follows: 24
Fiscal year 2025: $37,660,656,000,000. 25
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Fiscal year 2026: $39,839,449,000,000. 1
Fiscal year 2027: $41,752,932,000,000. 2
Fiscal year 2028: $43,721,320,000,000. 3
Fiscal year 2029: $45,725,094,000,000. 4
Fiscal year 2030: $47,646,893,000,000. 5
Fiscal year 2031: $49,490,401,000,000. 6
Fiscal year 2032: $51,311,359,000,000. 7
Fiscal year 2033: $53,342,100,000,000. 8
Fiscal year 2034: $55,566,372,000,000. 9
(6) D
EBT HELD BY THE PUBLIC .—The appro-10
priate levels of debt held by the public are as follows: 11
Fiscal year 2025: $30,430,405,000,000. 12
Fiscal year 2026: $32,469,082,000,000. 13
Fiscal year 2027: $34,395,037,000,000. 14
Fiscal year 2028: $36,452,960,000,000. 15
Fiscal year 2029: $38,403,594,000,000. 16
Fiscal year 2030: $40,444,544,000,000. 17
Fiscal year 2031: $42,449,786,000,000. 18
Fiscal year 2032: $44,476,114,000,000. 19
Fiscal year 2033: $46,612,129,000,000. 20
Fiscal year 2034: $48,599,876,000,000. 21
SEC. 1002. MAJOR FUNCTIONAL CATEGORIES. 22
Congress determines and declares that the appro-23
priate levels of new budget authority and outlays for fiscal 24
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years 2025 through 2034 for each major functional cat-1
egory are: 2
(1) National Defense (050): 3
Fiscal year 2025: 4
(A) New budget authority, 5
$888,044,000,000. 6
(B) Outlays, $883,821,000,000. 7
Fiscal year 2026: 8
(A) New budget authority, 9
$913,263,000,000. 10
(B) Outlays, $895,830,000,000. 11
Fiscal year 2027: 12
(A) New budget authority, 13
$935,345,000,000. 14
(B) Outlays, $913,493,000,000. 15
Fiscal year 2028: 16
(A) New budget authority, 17
$956,694,000,000. 18
(B) Outlays, $940,299,000,000. 19
Fiscal year 2029: 20
(A) New budget authority, 21
$979,049,000,000. 22
(B) Outlays, $950,598,000,000. 23
Fiscal year 2030: 24
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(A) New budget authority, 1
$1,002,337,000,000. 2
(B) Outlays, $977,233,000,000. 3
Fiscal year 2031: 4
(A) New budget authority, 5
$1,026,119,000,000. 6
(B) Outlays, $996,535,000,000. 7
Fiscal year 2032: 8
(A) New budget authority, 9
$1,050,408,000,000. 10
(B) Outlays, $1,016,235,000,000. 11
Fiscal year 2033: 12
(A) New budget authority, 13
$1,076,299,000,000. 14
(B) Outlays, $1,050,728,000,000. 15
Fiscal year 2034: 16
(A) New budget authority, 17
$1,101,659,000,000. 18
(B) Outlays, $1,067,701,000,000. 19
(2) International Affairs (150): 20
Fiscal year 2025: 21
(A) New budget authority, 22
$65,962,000,000. 23
(B) Outlays, $69,206,000,000. 24
Fiscal year 2026: 25
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(A) New budget authority, 1
$64,270,000,000. 2
(B) Outlays, $68,458,000,000. 3
Fiscal year 2027: 4
(A) New budget authority, 5
$64,856,000,000. 6
(B) Outlays, $68,013,000,000. 7
Fiscal year 2028: 8
(A) New budget authority, 9
$66,169,000,000. 10
(B) Outlays, $64,433,000,000. 11
Fiscal year 2029: 12
(A) New budget authority, 13
$67,655,000,000. 14
(B) Outlays, $65,177,000,000. 15
Fiscal year 2030: 16
(A) New budget authority, 17
$69,175,000,000. 18
(B) Outlays, $65,601,000,000. 19
Fiscal year 2031: 20
(A) New budget authority, 21
$70,699,000,000. 22
(B) Outlays, $66,643,000,000. 23
Fiscal year 2032: 24
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(A) New budget authority, 1
$72,220,000,000. 2
(B) Outlays, $67,916,000,000. 3
Fiscal year 2033: 4
(A) New budget authority, 5
$73,809,000,000. 6
(B) Outlays, $69,332,000,000. 7
Fiscal year 2034: 8
(A) New budget authority, 9
$75,431,000,000. 10
(B) Outlays, $70,768,000,000. 11
(3) General Science, Space, and Technology 12
(250): 13
Fiscal year 2025: 14
(A) New budget authority, 15
$42,084,000,000. 16
(B) Outlays, $41,734,000,000. 17
Fiscal year 2026: 18
(A) New budget authority, 19
$43,056,000,000. 20
(B) Outlays, $42,483,000,000. 21
Fiscal year 2027: 22
(A) New budget authority, 23
$44,011,000,000. 24
(B) Outlays, $43,166,000,000. 25
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Fiscal year 2028: 1
(A) New budget authority, 2
$44,881,000,000. 3
(B) Outlays, $43,781,000,000. 4
Fiscal year 2029: 5
(A) New budget authority, 6
$45,834,000,000. 7
(B) Outlays, $44,611,000,000. 8
Fiscal year 2030: 9
(A) New budget authority, 10
$46,835,000,000. 11
(B) Outlays, $45,450,000,000. 12
Fiscal year 2031: 13
(A) New budget authority, 14
$47,840,000,000. 15
(B) Outlays, $46,405,000,000. 16
Fiscal year 2032: 17
(A) New budget authority, 18
$48,853,000,000. 19
(B) Outlays, $47,377,000,000. 20
Fiscal year 2033: 21
(A) New budget authority, 22
$49,907,000,000. 23
(B) Outlays, $48,391,000,000. 24
Fiscal year 2034: 25
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(A) New budget authority, 1
$50,997,000,000. 2
(B) Outlays, $49,436,000,000. 3
(4) Energy (270): 4
Fiscal year 2025: 5
(A) New budget authority, 6
$39,842,000,000. 7
(B) Outlays, $37,587,000,000. 8
Fiscal year 2026: 9
(A) New budget authority, 10
$40,172,000,000. 11
(B) Outlays, $44,518,000,000. 12
Fiscal year 2027: 13
(A) New budget authority, 14
$43,579,000,000. 15
(B) Outlays, $52,928,000,000. 16
Fiscal year 2028: 17
(A) New budget authority, 18
$44,493,000,000. 19
(B) Outlays, $52,542,000,000. 20
Fiscal year 2029: 21
(A) New budget authority, 22
$45,633,000,000. 23
(B) Outlays, $51,237,000,000. 24
Fiscal year 2030: 25
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(A) New budget authority, 1
$44,014,000,000. 2
(B) Outlays, $47,297,000,000. 3
Fiscal year 2031: 4
(A) New budget authority, 5
$45,460,000,000. 6
(B) Outlays, $46,521,000,000. 7
Fiscal year 2032: 8
(A) New budget authority, 9
$50,176,000,000. 10
(B) Outlays, $48,864,000,000. 11
Fiscal year 2033: 12
(A) New budget authority, 13
$35,184,000,000. 14
(B) Outlays, $34,040,000,000. 15
Fiscal year 2034: 16
(A) New budget authority, 17
$27,122,000,000. 18
(B) Outlays, $26,021,000,000. 19
(5) Natural Resources and Environment (300): 20
Fiscal year 2025: 21
(A) New budget authority, 22
$88,219,000,000. 23
(B) Outlays, $90,074,000,000. 24
Fiscal year 2026: 25
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(A) New budget authority, 1
$89,760,000,000. 2
(B) Outlays, $90,428,000,000. 3
Fiscal year 2027: 4
(A) New budget authority, 5
$83,830,000,000. 6
(B) Outlays, $91,282,000,000. 7
Fiscal year 2028: 8
(A) New budget authority, 9
$85,498,000,000. 10
(B) Outlays, $91,754,000,000. 11
Fiscal year 2029: 12
(A) New budget authority, 13
$87,319,000,000. 14
(B) Outlays, $92,172,000,000. 15
Fiscal year 2030: 16
(A) New budget authority, 17
$88,970,000,000. 18
(B) Outlays, $92,442,000,000. 19
Fiscal year 2031: 20
(A) New budget authority, 21
$91,016,000,000. 22
(B) Outlays, $92,640,000,000. 23
Fiscal year 2032: 24
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(A) New budget authority, 1
$92,975,000,000. 2
(B) Outlays, $91,686,000,000. 3
Fiscal year 2033: 4
(A) New budget authority, 5
$95,254,000,000. 6
(B) Outlays, $93,640,000,000. 7
Fiscal year 2034: 8
(A) New budget authority, 9
$97,211,000,000. 10
(B) Outlays, $94,831,000,000. 11
(6) Agriculture (350): 12
Fiscal year 2025: 13
(A) New budget authority, 14
$58,457,000,000. 15
(B) Outlays, $41,846,000,000. 16
Fiscal year 2026: 17
(A) New budget authority, 18
$59,875,000,000. 19
(B) Outlays, $58,018,000,000. 20
Fiscal year 2027: 21
(A) New budget authority, 22
$64,092,000,000. 23
(B) Outlays, $61,792,000,000. 24
Fiscal year 2028: 25
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(A) New budget authority, 1
$66,014,000,000. 2
(B) Outlays, $64,140,000,000. 3
Fiscal year 2029: 4
(A) New budget authority, 5
$66,999,000,000. 6
(B) Outlays, $63,775,000,000. 7
Fiscal year 2030: 8
(A) New budget authority, 9
$65,213,000,000. 10
(B) Outlays, $62,065,000,000. 11
Fiscal year 2031: 12
(A) New budget authority, 13
$65,516,000,000. 14
(B) Outlays, $62,226,000,000. 15
Fiscal year 2032: 16
(A) New budget authority, 17
$66,979,000,000. 18
(B) Outlays, $63,432,000,000. 19
Fiscal year 2033: 20
(A) New budget authority, 21
$68,738,000,000. 22
(B) Outlays, $64,825,000,000. 23
Fiscal year 2034: 24
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(A) New budget authority, 1
$70,130,000,000. 2
(B) Outlays, $66,347,000,000. 3
(7) Commerce and Housing Credit (370): 4
Fiscal year 2025: 5
(A) New budget authority, 6
$12,477,000,000. 7
(B) Outlays, -$18,175,000,000. 8
Fiscal year 2026: 9
(A) New budget authority, 10
$33,817,000,000. 11
(B) Outlays, -$207,000,000. 12
Fiscal year 2027: 13
(A) New budget authority, 14
$29,807,000,000. 15
(B) Outlays, $8,387,000,000. 16
Fiscal year 2028: 17
(A) New budget authority, 18
-$55,092,000,000. 19
(B) Outlays, -$64,213,000,000. 20
Fiscal year 2029: 21
(A) New budget authority, 22
$27,308,000,000. 23
(B) Outlays, $17,149,000,000. 24
Fiscal year 2030: 25
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(A) New budget authority, 1
$27,501,000,000. 2
(B) Outlays, $14,043,000,000. 3
Fiscal year 2031: 4
(A) New budget authority, 5
$27,776,000,000. 6
(B) Outlays, $9,486,000,000. 7
Fiscal year 2032: 8
(A) New budget authority, 9
$28,233,000,000. 10
(B) Outlays, $6,788,000,000. 11
Fiscal year 2033: 12
(A) New budget authority, 13
$22,118,000,000. 14
(B) Outlays, -$2,412,000,000. 15
Fiscal year 2034: 16
(A) New budget authority, 17
$31,836,000,000. 18
(B) Outlays, $4,308,000,000. 19
(8) Transportation (400): 20
Fiscal year 2025: 21
(A) New budget authority, 22
$173,158,000,000. 23
(B) Outlays, $144,771,000,000. 24
Fiscal year 2026: 25
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(A) New budget authority, 1
$176,249,000,000. 2
(B) Outlays, $154,625,000,000. 3
Fiscal year 2027: 4
(A) New budget authority, 5
$178,411,000,000. 6
(B) Outlays, $162,925,000,000. 7
Fiscal year 2028: 8
(A) New budget authority, 9
$180,607,000,000. 10
(B) Outlays, $171,610,000,000. 11
Fiscal year 2029: 12
(A) New budget authority, 13
$182,610,000,000. 14
(B) Outlays, $175,967,000,000. 15
Fiscal year 2030: 16
(A) New budget authority, 17
$179,144,000,000. 18
(B) Outlays, $174,442,000,000. 19
Fiscal year 2031: 20
(A) New budget authority, 21
$181,099,000,000. 22
(B) Outlays, $178,314,000,000. 23
Fiscal year 2032: 24
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(A) New budget authority, 1
$189,966,000,000. 2
(B) Outlays, $187,367,000,000. 3
Fiscal year 2033: 4
(A) New budget authority, 5
$192,692,000,000. 6
(B) Outlays, $191,213,000,000. 7
Fiscal year 2034: 8
(A) New budget authority, 9
$195,495,000,000. 10
(B) Outlays, $194,754,000,000. 11
(9) Community and Regional Development 12
(450): 13
Fiscal year 2025: 14
(A) New budget authority, 15
$87,762,000,000. 16
(B) Outlays, $78,752,000,000. 17
Fiscal year 2026: 18
(A) New budget authority, 19
$89,366,000,000. 20
(B) Outlays, $69,845,000,000. 21
Fiscal year 2027: 22
(A) New budget authority, 23
$91,267,000,000. 24
(B) Outlays, $74,426,000,000. 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00020 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 21
•HCON 14 RH
Fiscal year 2028: 1
(A) New budget authority, 2
$92,897,000,000. 3
(B) Outlays, $75,604,000,000. 4
Fiscal year 2029: 5
(A) New budget authority, 6
$94,812,000,000. 7
(B) Outlays, $77,850,000,000. 8
Fiscal year 2030: 9
(A) New budget authority, 10
$96,811,000,000. 11
(B) Outlays, $82,903,000,000. 12
Fiscal year 2031: 13
(A) New budget authority, 14
$98,774,000,000. 15
(B) Outlays, $86,364,000,000. 16
Fiscal year 2032: 17
(A) New budget authority, 18
$100,621,000,000. 19
(B) Outlays, $88,685,000,000. 20
Fiscal year 2033: 21
(A) New budget authority, 22
$102,711,000,000. 23
(B) Outlays, $90,723,000,000. 24
Fiscal year 2034: 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00021 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 22
•HCON 14 RH
(A) New budget authority, 1
$104,818,000,000. 2
(B) Outlays, $93,005,000,000. 3
(10) Education, Training, Employment, and 4
Social Services (500): 5
Fiscal year 2025: 6
(A) New budget authority, 7
$149,303,000,000. 8
(B) Outlays, $171,916,000,000. 9
Fiscal year 2026: 10
(A) New budget authority, 11
$152,714,000,000. 12
(B) Outlays, $151,605,000,000. 13
Fiscal year 2027: 14
(A) New budget authority, 15
$155,153,000,000. 16
(B) Outlays, $150,979,000,000. 17
Fiscal year 2028: 18
(A) New budget authority, 19
$157,971,000,000. 20
(B) Outlays, $152,819,000,000. 21
Fiscal year 2029: 22
(A) New budget authority, 23
$160,952,000,000. 24
(B) Outlays, $155,502,000,000. 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00022 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 23
•HCON 14 RH
Fiscal year 2030: 1
(A) New budget authority, 2
$163,865,000,000. 3
(B) Outlays, $158,383,000,000. 4
Fiscal year 2031: 5
(A) New budget authority, 6
$166,854,000,000. 7
(B) Outlays, $161,312,000,000. 8
Fiscal year 2032: 9
(A) New budget authority, 10
$170,223,000,000. 11
(B) Outlays, $164,486,000,000. 12
Fiscal year 2033: 13
(A) New budget authority, 14
$173,784,000,000. 15
(B) Outlays, $167,792,000,000. 16
Fiscal year 2034: 17
(A) New budget authority, 18
$176,834,000,000. 19
(B) Outlays, $170,876,000,000. 20
(11) Health (550): 21
Fiscal year 2025: 22
(A) New budget authority, 23
$945,070,000,000. 24
(B) Outlays, $961,180,000,000. 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00023 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 24
•HCON 14 RH
Fiscal year 2026: 1
(A) New budget authority, 2
$992,460,000,000. 3
(B) Outlays, $976,705,000,000. 4
Fiscal year 2027: 5
(A) New budget authority, 6
$1,021,428,000,000. 7
(B) Outlays, $1,021,884,000,000. 8
Fiscal year 2028: 9
(A) New budget authority, 10
$1,056,522,000,000. 11
(B) Outlays, $1,053,318,000,000. 12
Fiscal year 2029: 13
(A) New budget authority, 14
$1,099,999,000,000. 15
(B) Outlays, $1,095,100,000,000. 16
Fiscal year 2030: 17
(A) New budget authority, 18
$1,144,066,000,000. 19
(B) Outlays, $1,133,456,000,000. 20
Fiscal year 2031: 21
(A) New budget authority, 22
$1,177,723,000,000. 23
(B) Outlays, $1,176,648,000,000. 24
Fiscal year 2032: 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00024 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 25
•HCON 14 RH
(A) New budget authority, 1
$1,228,051,000,000. 2
(B) Outlays, $1,218,203,000,000. 3
Fiscal year 2033: 4
(A) New budget authority, 5
$1,278,134,000,000. 6
(B) Outlays, $1,267,299,000,000. 7
Fiscal year 2034: 8
(A) New budget authority, 9
$1,311,280,000,000. 10
(B) Outlays, $1,300,233,000,000. 11
(12) Medicare (570): 12
Fiscal year 2025: 13
(A) New budget authority, 14
$950,891,000,000. 15
(B) Outlays, $950,641,000,000. 16
Fiscal year 2026: 17
(A) New budget authority, 18
$1,007,431,000,000. 19
(B) Outlays, $1,009,161,000,000. 20
Fiscal year 2027: 21
(A) New budget authority, 22
$1,067,229,000,000. 23
(B) Outlays, $1,066,832,000,000. 24
Fiscal year 2028: 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00025 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 26
•HCON 14 RH
(A) New budget authority, 1
$1,210,420,000,000. 2
(B) Outlays, $1,208,952,000,000. 3
Fiscal year 2029: 4
(A) New budget authority, 5
$1,126,357,000,000. 6
(B) Outlays, $1,125,928,000,000. 7
Fiscal year 2030: 8
(A) New budget authority, 9
$1,276,602,000,000. 10
(B) Outlays, $1,276,291,000,000. 11
Fiscal year 2031: 12
(A) New budget authority, 13
$1,358,554,000,000. 14
(B) Outlays, $1,358,476,000,000. 15
Fiscal year 2032: 16
(A) New budget authority, 17
$1,445,982,000,000. 18
(B) Outlays, $1,445,966,000,000. 19
Fiscal year 2033: 20
(A) New budget authority, 21
$1,664,590,000,000. 22
(B) Outlays, $1,664,595,000,000. 23
Fiscal year 2034: 24
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00026 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 27
•HCON 14 RH
(A) New budget authority, 1
$1,667,328,000,000. 2
(B) Outlays, $1,667,321,000,000. 3
(13) Income Security (600): 4
Fiscal year 2025: 5
(A) New budget authority, 6
$712,446,000,000. 7
(B) Outlays, $709,132,000,000. 8
Fiscal year 2026: 9
(A) New budget authority, 10
$702,007,000,000. 11
(B) Outlays, $699,086,000,000. 12
Fiscal year 2027: 13
(A) New budget authority, 14
$703,592,000,000. 15
(B) Outlays, $698,238,000,000. 16
Fiscal year 2028: 17
(A) New budget authority, 18
$722,280,000,000. 19
(B) Outlays, $721,948,000,000. 20
Fiscal year 2029: 21
(A) New budget authority, 22
$724,420,000,000. 23
(B) Outlays, $710,279,000,000. 24
Fiscal year 2030: 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00027 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 28
•HCON 14 RH
(A) New budget authority, 1
$743,824,000,000. 2
(B) Outlays, $735,068,000,000. 3
Fiscal year 2031: 4
(A) New budget authority, 5
$757,021,000,000. 6
(B) Outlays, $747,723,000,000. 7
Fiscal year 2032: 8
(A) New budget authority, 9
$775,456,000,000. 10
(B) Outlays, $765,416,000,000. 11
Fiscal year 2033: 12
(A) New budget authority, 13
$796,775,000,000. 14
(B) Outlays, $793,408,000,000. 15
Fiscal year 2034: 16
(A) New budget authority, 17
$805,597,000,000. 18
(B) Outlays, $795,238,000,000. 19
(14) Social Security (650): 20
Fiscal year 2025: 21
(A) New budget authority, 22
$67,259,000,000. 23
(B) Outlays, $67,259,000,000. 24
Fiscal year 2026: 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00028 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 29
•HCON 14 RH
(A) New budget authority, 1
$81,690,000,000. 2
(B) Outlays, $81,690,000,000. 3
Fiscal year 2027: 4
(A) New budget authority, 5
$89,447,000,000. 6
(B) Outlays, $89,447,000,000. 7
Fiscal year 2028: 8
(A) New budget authority, 9
$94,419,000,000. 10
(B) Outlays, $94,419,000,000. 11
Fiscal year 2029: 12
(A) New budget authority, 13
$100,138,000,000. 14
(B) Outlays, $100,138,000,000. 15
Fiscal year 2030: 16
(A) New budget authority, 17
$106,208,000,000. 18
(B) Outlays, $106,208,000,000. 19
Fiscal year 2031: 20
(A) New budget authority, 21
$112,114,000,000. 22
(B) Outlays, $112,114,000,000. 23
Fiscal year 2032: 24
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00029 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 30
•HCON 14 RH
(A) New budget authority, 1
$118,485,000,000. 2
(B) Outlays, $118,485,000,000. 3
Fiscal year 2033: 4
(A) New budget authority, 5
$125,325,000,000. 6
(B) Outlays, $125,325,000,000. 7
Fiscal year 2034: 8
(A) New budget authority, 9
$132,539,000,000. 10
(B) Outlays, $132,539,000,000. 11
(15) Veterans Benefits and Services (700): 12
Fiscal year 2025: 13
(A) New budget authority, 14
$361,349,000,000. 15
(B) Outlays, $357,760,000,000. 16
Fiscal year 2026: 17
(A) New budget authority, 18
$382,625,000,000. 19
(B) Outlays, $378,862,000,000. 20
Fiscal year 2027: 21
(A) New budget authority, 22
$404,665,000,000. 23
(B) Outlays, $401,379,000,000. 24
Fiscal year 2028: 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00030 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 31
•HCON 14 RH
(A) New budget authority, 1
$427,402,000,000. 2
(B) Outlays, $444,309,000,000. 3
Fiscal year 2029: 4
(A) New budget authority, 5
$447,832,000,000. 6
(B) Outlays, $422,387,000,000. 7
Fiscal year 2030: 8
(A) New budget authority, 9
$466,693,000,000. 10
(B) Outlays, $461,795,000,000. 11
Fiscal year 2031: 12
(A) New budget authority, 13
$486,796,000,000. 14
(B) Outlays, $481,715,000,000. 15
Fiscal year 2032: 16
(A) New budget authority, 17
$507,269,000,000. 18
(B) Outlays, $502,734,000,000. 19
Fiscal year 2033: 20
(A) New budget authority, 21
$528,816,000,000. 22
(B) Outlays, $548,814,000,000. 23
Fiscal year 2034: 24
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00031 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 32
•HCON 14 RH
(A) New budget authority, 1
$550,747,000,000. 2
(B) Outlays, $547,878,000,000. 3
(16) Administration of Justice (750): 4
Fiscal year 2025: 5
(A) New budget authority, 6
$83,111,000,000. 7
(B) Outlays, $85,235,000,000. 8
Fiscal year 2026: 9
(A) New budget authority, 10
$90,002,000,000. 11
(B) Outlays, $87,682,000,000. 12
Fiscal year 2027: 13
(A) New budget authority, 14
$89,047,000,000. 15
(B) Outlays, $87,256,000,000. 16
Fiscal year 2028: 17
(A) New budget authority, 18
$91,066,000,000. 19
(B) Outlays, $89,499,000,000. 20
Fiscal year 2029: 21
(A) New budget authority, 22
$93,553,000,000. 23
(B) Outlays, $91,849,000,000. 24
Fiscal year 2030: 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00032 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 33
•HCON 14 RH
(A) New budget authority, 1
$96,019,000,000. 2
(B) Outlays, $94,292,000,000. 3
Fiscal year 2031: 4
(A) New budget authority, 5
$98,328,000,000. 6
(B) Outlays, $96,277,000,000. 7
Fiscal year 2032: 8
(A) New budget authority, 9
$105,979,000,000. 10
(B) Outlays, $103,293,000,000. 11
Fiscal year 2033: 12
(A) New budget authority, 13
$108,710,000,000. 14
(B) Outlays, $105,827,000,000. 15
Fiscal year 2034: 16
(A) New budget authority, 17
$111,020,000,000. 18
(B) Outlays, $108,460,000,000. 19
(17) General Government (800): 20
Fiscal year 2025: 21
(A) New budget authority, 22
$10,089,000,000. 23
(B) Outlays, $37,960,000,000. 24
Fiscal year 2026: 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00033 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 34
•HCON 14 RH
(A) New budget authority, 1
$30,678,000,000. 2
(B) Outlays, $38,289,000,000. 3
Fiscal year 2027: 4
(A) New budget authority, 5
$32,078,000,000. 6
(B) Outlays, $38,267,000,000. 7
Fiscal year 2028: 8
(A) New budget authority, 9
$33,007,000,000. 10
(B) Outlays, $37,965,000,000. 11
Fiscal year 2029: 12
(A) New budget authority, 13
$33,784,000,000. 14
(B) Outlays, $37,804,000,000. 15
Fiscal year 2030: 16
(A) New budget authority, 17
$34,628,000,000. 18
(B) Outlays, $37,998,000,000. 19
Fiscal year 2031: 20
(A) New budget authority, 21
$35,261,000,000. 22
(B) Outlays, $37,038,000,000. 23
Fiscal year 2032: 24
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00034 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 35
•HCON 14 RH
(A) New budget authority, 1
$36,204,000,000. 2
(B) Outlays, $36,321,000,000. 3
Fiscal year 2033: 4
(A) New budget authority, 5
$36,975,000,000. 6
(B) Outlays, $36,772,000,000. 7
Fiscal year 2034: 8
(A) New budget authority, 9
$37,697,000,000. 10
(B) Outlays, $37,281,000,000. 11
(18) Net Interest (900): 12
Fiscal year 2025: 13
(A) New budget authority, 14
$1,027,694,000,000. 15
(B) Outlays, $1,027,694,000,000. 16
Fiscal year 2026: 17
(A) New budget authority, 18
$1,090,880,000,000. 19
(B) Outlays, $1,090,880,000,000. 20
Fiscal year 2027: 21
(A) New budget authority, 22
$1,160,719,000,000. 23
(B) Outlays, $1,160,719,000,000. 24
Fiscal year 2028: 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00035 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 36
•HCON 14 RH
(A) New budget authority, 1
$1,250,257,000,000. 2
(B) Outlays, $1,250,257,000,000. 3
Fiscal year 2029: 4
(A) New budget authority, 5
$1,328,362,000,000. 6
(B) Outlays, $1,328,362,000,000. 7
Fiscal year 2030: 8
(A) New budget authority, 9
$1,399,636,000,000. 10
(B) Outlays, $1,399,636,000,000. 11
Fiscal year 2031: 12
(A) New budget authority, 13
$1,475,634,000,000. 14
(B) Outlays, $1,475,634,000,000. 15
Fiscal year 2032: 16
(A) New budget authority, 17
$1,551,786,000,000. 18
(B) Outlays, $1,551,786,000,000. 19
Fiscal year 2033: 20
(A) New budget authority, 21
$1,619,496,000,000. 22
(B) Outlays, $1,619,496,000,000. 23
Fiscal year 2034: 24
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00036 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 37
•HCON 14 RH
(A) New budget authority, 1
$1,693,863,000,000. 2
(B) Outlays, $1,693,863,000,000. 3
(19) Allowances (920): 4
Fiscal year 2025: 5
(A) New budget authority, $0. 6
(B) Outlays, $0. 7
Fiscal year 2026: 8
(A) New budget authority, $0. 9
(B) Outlays, $0. 10
Fiscal year 2027: 11
(A) New budget authority, $0. 12
(B) Outlays, $0. 13
Fiscal year 2028: 14
(A) New budget authority, $0. 15
(B) Outlays, $0. 16
Fiscal year 2029: 17
(A) New budget authority, $0. 18
(B) Outlays, $0. 19
Fiscal year 2030: 20
(A) New budget authority, $0. 21
(B) Outlays, $0. 22
Fiscal year 2031: 23
(A) New budget authority, $0. 24
(B) Outlays, $0. 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00037 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 38
•HCON 14 RH
Fiscal year 2032: 1
(A) New budget authority, $0. 2
(B) Outlays, $0. 3
Fiscal year 2033: 4
(A) New budget authority, $0. 5
(B) Outlays, $0. 6
Fiscal year 2034: 7
(A) New budget authority, $0. 8
(B) Outlays, $0. 9
(20) Government-Wide Savings (930): 10
Fiscal year 2025: 11
(A) New budget authority, 12
-$120,000,000,000. 13
(B) Outlays, -$120,000,000,000. 14
Fiscal year 2026: 15
(A) New budget authority, 16
-$299,849,000,000. 17
(B) Outlays, -$179,763,000,000. 18
Fiscal year 2027: 19
(A) New budget authority, 20
-$375,694,000,000. 21
(B) Outlays, -$231,910,000,000. 22
Fiscal year 2028: 23
(A) New budget authority, 24
-$384,958,000,000. 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00038 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 39
•HCON 14 RH
(B) Outlays, -$263,939,000,000. 1
Fiscal year 2029: 2
(A) New budget authority, 3
-$393,736,000,000. 4
(B) Outlays, -$296,185,000,000. 5
Fiscal year 2030: 6
(A) New budget authority, 7
-$407,056,000,000. 8
(B) Outlays, -$330,476,000,000. 9
Fiscal year 2031: 10
(A) New budget authority, 11
-$419,698,000,000. 12
(B) Outlays, -$357,567,000,000. 13
Fiscal year 2032: 14
(A) New budget authority, 15
-$431,652,000,000. 16
(B) Outlays, -$381,290,000,000. 17
Fiscal year 2033: 18
(A) New budget authority, 19
-$445,094,000,000. 20
(B) Outlays, -$402,008,000,000. 21
Fiscal year 2034: 22
(A) New budget authority, 23
-$460,001,000,000. 24
(B) Outlays, -$420,590,000,000. 25
VerDate Sep 11 2014 23:49 Feb 18, 2025 Jkt 059200 PO 00000 Frm 00039 Fmt 6652 Sfmt 6201 E:\BILLS\HC14.RH HC14
kjohnson on DSK7ZCZBW3PROD with $$_JOB 40
•HCON 14 RH
(21) Undistributed Offsetting Receipts (950): 1
Fiscal year 2025: 2
(A) New budget authority, 3
-$127,603,000,000. 4
(B) Outlays, -$127,603,000,000. 5
Fiscal year 2026: 6
(A) New budget authority, 7
-$135,110,000,000. 8
(B) Outlays, -$135,110,000,000. 9
Fiscal year 2027: 10
(A) New budget authority, 11
-$137,883,000,000. 12
(B) Outlays, -$137,883,000,000. 13
Fiscal year 2028: 14
(A) New budget authority, 15
-$141,145,000,000. 16
(B) Outlays, -$141,165,000,000. 17
Fiscal year 2029: 18
(A) New budget authority, 19
-$145,400,000,000. 20
(B) Outlays, -$145,407,000,000. 21
Fiscal year 2030: 22
(A) New budget authority, 23
-$149,582,000,000. 24
(B) Outlays, -$149,581,000,000. 25
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Fiscal year 2031: 1
(A) New budget authority, 2
-$154,014,000,000. 3
(B) Outlays, -$154,013,000,000. 4
Fiscal year 2032: 5
(A) New budget authority, 6
-$160,114,000,000. 7
(B) Outlays, -$160,113,000,000. 8
Fiscal year 2033: 9
(A) New budget authority, 10
-$166,102,000,000. 11
(B) Outlays, -$166,101,000,000. 12
Fiscal year 2034: 13
(A) New budget authority, 14
-$171,015,000,000. 15
(B) Outlays,-$171,014,000,000. 16
(22) Across-the-Board Adjustment (990): 17
Fiscal year 2025: 18
(A) New budget authority, 19
-$4,000,000. 20
(B) Outlays, $0. 21
Fiscal year 2026: 22
(A) New budget authority, 23
-$4,000,000. 24
(B) Outlays, $0. 25
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Fiscal year 2027: 1
(A) New budget authority, 2
-$4,000,000. 3
(B) Outlays, $0. 4
Fiscal year 2028: 5
(A) New budget authority, 6
-$4,000,000. 7
(B) Outlays, $0. 8
Fiscal year 2029: 9
(A) New budget authority, 10
-$4,000,000. 11
(B) Outlays, $0. 12
Fiscal year 2030: 13
(A) New budget authority, 14
-$4,000,000. 15
(B) Outlays, $0. 16
Fiscal year 2031: 17
(A) New budget authority, 18
-$4,000,000. 19
(B) Outlays, $0. 20
Fiscal year 2032: 21
(A) New budget authority, 22
-$4,000,000. 23
(B) Outlays, $0. 24
Fiscal year 2033: 25
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(A) New budget authority, 1
-$5,000,000. 2
(B) Outlays, $0. 3
Fiscal year 2034: 4
(A) New budget authority, 5
-$5,000,000. 6
(B) Outlays, $0. 7
TITLE II—RECONCILIATION AND 8
RELATED MATTERS 9
SEC. 2001. RECONCILIATION IN THE HOUSE OF REP-10
RESENTATIVES. 11
(a) S
UBMISSIONS.—Not later than March 27, 2025, 12
the committees named in subsection (b) and subsection 13
(c) shall submit their recommendations on changes in laws 14
within their jurisdictions to the Committee on the Budget 15
of the House of Representatives to carry out this section. 16
(b) I
NSTRUCTIONS.— 17
(1) C
OMMITTEE ON AGRICULTURE .—The Com-18
mittee on Agriculture shall submit changes in laws 19
within its jurisdiction to reduce the deficit by not 20
less than $230,000,000,000 for the period of fiscal 21
years 2025 through 2034. 22
(2) C
OMMITTEE ON ARMED SERVICES .—The 23
Committee on Armed Services shall submit changes 24
in laws within its jurisdiction that increase the def-25
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icit by not more than $100,000,000,000 for the pe-1
riod of fiscal years 2025 through 2034. 2
(3) C
OMMITTEE ON EDUCATION AND WORK -3
FORCE.—The Committee on Education and Work-4
force shall submit changes in laws within its juris-5
diction to reduce the deficit by not less than 6
$330,000,000,000 for the period of fiscal years 2025 7
through 2034. 8
(4) C
OMMITTEE ON ENERGY AND COMMERCE .— 9
The Committee on Energy and Commerce shall sub-10
mit changes in laws within its jurisdiction to reduce 11
the deficit by not less than $880,000,000,000 for 12
the period of fiscal years 2025 through 2034. 13
(5) C
OMMITTEE ON FINANCIAL SERVICES .—The 14
Committee on Financial Services shall submit 15
changes in laws within its jurisdiction to reduce the 16
deficit by not less than $1,000,000,000 for the pe-17
riod of fiscal years 2025 through 2034. 18
(6) C
OMMITTEE ON HOMELAND SECURITY .— 19
The Committee on Homeland Security shall submit 20
changes in laws within its jurisdiction that increase 21
the deficit by not more than $90,000,000,000 for 22
the period of fiscal years 2025 through 2034. 23
(7) C
OMMITTEE ON THE JUDICIARY .—The 24
Committee on the Judiciary shall submit changes in 25
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laws within its jurisdiction that increase the deficit 1
by not more than $110,000,000,000 for the period 2
of fiscal years 2025 through 2034. 3
(8) C
OMMITTEE ON NATURAL RESOURCES .— 4
The Committee on Natural Resources shall submit 5
changes in laws within its jurisdiction to reduce the 6
deficit by not less than $1,000,000,000 for the pe-7
riod of fiscal years 2025 through 2034. 8
(9) C
OMMITTEE ON OVERSIGHT AND GOVERN -9
MENT REFORM.—The Committee on Oversight and 10
Government Reform shall submit changes in laws 11
within its jurisdiction to reduce the deficit by not 12
less than $50,000,000,000 for the period of fiscal 13
years 2025 through 2034. 14
(10) C
OMMITTEE ON TRANSPORTATION AND IN -15
FRASTRUCTURE.—The Committee on Transportation 16
and Infrastructure shall submit changes in laws 17
within its jurisdiction to reduce the deficit by not 18
less than $10,000,000,000 for the period of fiscal 19
years 2025 through 2034. 20
(11) C
OMMITTEE ON WAYS AND MEANS .—The 21
Committee on Ways and Means shall submit 22
changes in laws within its jurisdiction that increase 23
the deficit by not more than $4,500,000,000,000 for 24
the period of fiscal years 2025 through 2034. 25
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(c) INCREASE INSTATUTORYDEBTLIMIT.—The 1
Committee on Ways and Means shall submit changes in 2
laws within its jurisdiction that increase the statutory debt 3
limit by $4,000,000,000,000. 4
TITLE III—RESERVE FUND 5
SEC. 3001. RESERVE FUND FOR RECONCILIATION LEGISLA-6
TION IN THE HOUSE OF REPRESENTATIVES. 7
(a) I
NGENERAL.—In the House of Representatives, 8
the chair of the Committee on the Budget may revise the 9
allocations of a committee or committees, aggregates, and 10
other appropriate levels in this resolution for any bill or 11
joint resolution considered pursuant to section 2001 con-12
taining the recommendations of one or more committees, 13
or for one or more amendments to, a conference report 14
on, or an amendment between the Houses in relation to 15
such a bill or joint resolution, by the amounts necessary 16
to accommodate the budgetary effects of the legislation, 17
if the budgetary effects of the legislation comply with the 18
reconciliation instructions under this concurrent resolu-19
tion. 20
(b) D
ETERMINATION OF COMPLIANCE.—For pur-21
poses of this section, compliance with the reconciliation 22
instructions under this concurrent resolution shall be de-23
termined by the chair of the Committee on the Budget 24
of the House of Representatives. 25
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SEC. 3002. ADJUSTMENT FOR SPENDING CUTS OF AT LEAST 1
$2 TRILLION. 2
(a) A
DJUSTMENT IF DEFICITREDUCTIONTARGET 3
N
OTACHIEVED.—If one or more committees of the House 4
of Representatives submit reconciliation recommendations 5
pursuant to paragraphs (1), (3), (4), (5), (8), (9), or (10) 6
of section 2001(b) and such recommendations do not, in 7
total, achieve at least $2,000,000,000,000 in net deficit 8
reduction over the period of fiscal years 2025 through 9
2034, the chair of the Committee on the Budget of the 10
House shall reduce— 11
(1) the $4,500,000,000 reconciliation instruc-12
tion for the Committee on Ways and Means under 13
section 2001(b)(11); 14
(2) the allocations to the Committee on Ways 15
and Means under section 302(a) of the Congres-16
sional Budget and Impoundment Control Act of 17
1974 (2 U.S.C. 633(a)); 18
(3) the aggregates of budget authority, outlays, 19
and revenues; and 20
(4) any other appropriate level in this concur-21
rent resolution, 22
by an amount equal to the difference between 23
$2,000,000,000,000 and the total dollar amount of such 24
recommendations. 25
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(b) ADJUSTMENT IF DEFICITREDUCTIONTARGET 1
E
XCEEDED.—If one or more committees of the House of 2
Representatives submit reconciliation recommendations 3
pursuant to paragraphs (1), (3), (4), (5), (8), (9), or (10) 4
of section 2001(b) and such recommendations, in total, 5
achieve at least $2,000,000,000,000 in net deficit reduc-6
tion over the period of fiscal years 2025 through 2034, 7
the chair of the Committee on the Budget of the House 8
shall increase the levels described in paragraphs (1) 9
through (4) of subsection (a) by an amount equal to the 10
difference between the total dollar amount of such rec-11
ommendations and $2,000,000,000,000. 12
(c) C
ERTIFICATIONREQUIRED FORADJUSTMENT.— 13
No adjustment may be made under subsection (a) or sub-14
section (b) unless the chair of the Committee on the Budg-15
et of the House, using cost estimates provided by the Con-16
gressional Budget Office and the Joint Committee on Tax-17
ation (as appropriate), certifies in writing that the applica-18
ble reconciliation recommendations— 19
(1) with respect to subsection (a), do not 20
achieve net deficit reduction of at least 21
$2,000,000,000,000 over the period of fiscal years 22
2025 through 2034; or 23
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(2) with respect to subsection (b), achieve net 1
deficit reduction of at least $2,000,000,000,000 over 2
the period of such fiscal years. 3
(d) R
ECONCILIATIONINSTRUCTION FOR WAYS AND 4
M
EANS.—The dollar amount resulting from any adjust-5
ment made under this section to the reconciliation instruc-6
tion for the Committee on Ways and Means under para-7
graph (11) of section 2001(b) shall be substituted for 8
‘‘$4,500,000,000,000’’ in such section and shall be 9
deemed the reconciliation instructions for such Committee 10
under such section. Any recommendations on changes in 11
law within the jurisdiction of the Committee shall be con-12
sistent with the goals of this concurrent resolution, includ-13
ing with respect to spending reduction, tax policy changes, 14
reforms, or other measures deemed appropriate by the 15
chair of the Committee on the Budget of the House. 16
(e) C
ONSISTENCYWITH THERESOLUTION.—Any 17
reconciliation recommendations receiving an allocation ad-18
justment under this section shall not be considered in vio-19
lation of the budgetary levels established by this concur-20
rent resolution. 21
TITLE IV—POLICY STATEMENTS 22
SEC. 4001. POLICY STATEMENT ON ECONOMIC GROWTH. 23
(a) F
INDINGS.—The House finds the following: 24
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(1) The rate of economic growth has a signifi-1
cant impact on budget deficits. When the rate of 2
gross domestic product (GDP) increases, projected 3
revenue grows with it and deficits decline. Con-4
versely, slower GDP growth can lead to lagging reve-5
nues and mounting deficits. 6
(2) Federal policies affect the economy’s poten-7
tial to grow and impact economic performance, influ-8
encing budgetary outcomes. Consequently, fiscally 9
responsible policies that improve the economy’s long- 10
term growth prospects help reduce the size of budget 11
deficits over a given period. 12
(3) The free market, where individuals pursue 13
their own self-interests, has been responsible for 14
greater advancements in quality of life and genera-15
tion of wealth than any other form of economic sys-16
tem. Federal policies designed to grow the economy 17
should thus allow market forces to operate 18
unhindered rather than pick ‘‘winners’’ and ‘‘losers’’. 19
(b) P
OLICY ONECONOMICGROWTH.—It is the policy 20
of this concurrent resolution to pursue policies that em-21
brace the free market and promote economic growth poli-22
cies that— 23
(1) reduce Federal spending; 24
(2) expand American energy production; 25
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(3) lower taxes that discourage work, savings, 1
and investment; 2
(4) deregulate the economy and enact reforms 3
to diminish bureaucratic red tape; and 4
(5) eliminate barriers to work so more Ameri-5
cans enter (or reenter) the job market. 6
SEC. 4002. POLICY STATEMENT ON MANDATORY SPENDING 7
REDUCTION. 8
(a) F
INDINGS.—The House finds the following: 9
(1) The United States faces a significant debt 10
crisis, with the national debt currently exceeding 11
$36 trillion, or 123 percent of GDP. 12
(2) Since 2019, mandatory spending has in-13
creased by 59 percent. 14
(3) This debt poses a significant risk to the 15
country’s long-term fiscal sustainability, with impli-16
cations for future generations. 17
(4) Mandatory spending currently accounts for 18
over 70 percent of the entire Federal budget. 19
(5) The deficit for fiscal year 2025 is projected 20
to be $1.9 trillion, or 6.2 percent of GDP. 21
(6) This fiscal year, net interest will total $952 22
billion, or 3.2 percent of GDP. 23
(b) P
OLICY ONMANDATORYSPENDINGREDUC-24
TION.—It is the goal of this concurrent resolution to re-25
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duce mandatory spending by $2 trillion over the budget 1
window. If the combined deficit reduction provided by au-2
thorizing committees is below this target, it is the policy 3
of the Committee on the Budget of the House that the 4
instruction provided to the Committee on Ways and Means 5
of the House should be reduced by a commensurate 6
amount to offset the difference. 7
SEC. 4003. POLICY STATEMENT ON GOVERNMENT DEREGU-8
LATION. 9
(a) F
INDINGS.—The House finds the following: 10
(1) Regulations throughout the Federal Govern-11
ment have been a major issue for decades, continu-12
ously growing while negatively impacting the na-13
tion’s economic and fiscal standing. 14
(2) Overregulation has consistently hurt small 15
businesses, strangled domestic energy production, 16
weakened labor market conditions, and expanded 17
government overreach and costs on taxpayers. 18
(3) Real (inflation-adjusted) spending on regu-19
latory agencies has increased exponentially since 20
1960. The total number of pages in the Code of 21
Federal Regulations (CFR) has increased from 22
22,877 pages in 1960 to nearly 200,000 today. 23
When compared to 1950, the CFR contained only 24
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9,745 pages in 1950, making the size of the CFR 1
today 95% larger than it was in 1950. 2
(b) P
OLICYSTATEMENT ONGOVERNMENTDEREGU-3
LATION.—It is the policy of this concurrent resolution— 4
(1) that Congress continues to examine ways to 5
relieve the burdens of overregulation throughout the 6
Federal Government; 7
(2) that Congress is ready to promote initiatives 8
that will reduce government bureaucracy, enhance 9
Federalism, and increase economic prosperity 10
through deregulation; 11
(3) to not only reduce burdensome, costly regu-12
lations, but to also reassert the role of Congress; and 13
(4) to enact legislation through reconciliation 14
that strengthens Congress, scales back Federal regu-15
lations, limits future bureaucratic red tape, and 16
unleashes economic growth, such as the Regulations 17
from the Executive in Need of Scrutiny (REINS) 18
Act. 19
TITLE V—OTHER MATTERS 20
SEC. 5001. ENFORCEMENT FILING IN THE HOUSE OF REP-21
RESENTATIVES. 22
In the House of Representatives, if a concurrent reso-23
lution on the budget for fiscal year 2025 is adopted with-24
out the appointment of a committee of conference on the 25
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disagreeing votes of the two Houses with respect to this 1
concurrent resolution on the budget, for the purpose of 2
enforcing the Congressional Budget Act of 1974 (2 U.S.C. 3
621 et seq.) and applicable rules and requirements set 4
forth in the concurrent resolution on the budget, the allo-5
cations provided for in this section shall apply in the 6
House of Representatives in the same manner as if such 7
allocations were in a joint explanatory statement accom-8
panying a conference report on the budget for fiscal year 9
2025. The chair of the Committee on the Budget of the 10
House of Representatives shall submit a statement for 11
publication in the Congressional Record containing— 12
(1) for the Committee on Appropriations, com-13
mittee allocations for fiscal year 2025 consistent 14
with title I for the purpose of enforcing section 302 15
of the Congressional Budget Act of 1974 (2 U.S.C. 16
633); and 17
(2) for all committees other than the Com-18
mittee on Appropriations, committee allocations con-19
sistent with title I for fiscal year 2025 and for the 20
period of fiscal years 2025 through 2034 for the 21
purpose of enforcing section 302 of the Congres-22
sional Budget Act of 1974 (2 U.S.C. 633). 23
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SEC. 5002. BUDGETARY TREATMENT OF ADMINISTRATIVE 1
EXPENSES IN THE HOUSE OF REPRESENTA-2
TIVES. 3
(a) I
NGENERAL.—In the House of Representatives, 4
notwithstanding section 302(a)(1) of the Congressional 5
Budget Act of 1974 (2 U.S.C. 633(a)(1)), section 13301 6
of the Budget Enforcement Act of 1990 (2 U.S.C. 632 7
note), and section 2009a of title 39, United States Code, 8
the report or the joint explanatory statement accom-9
panying this concurrent resolution on the budget or the 10
statement filed pursuant to section 5001, as applicable, 11
shall include in an allocation under section 302(a) of the 12
Congressional Budget Act of 1974 (2 U.S.C. 633(a)) to 13
the Committee on Appropriations of the House of Rep-14
resentatives amounts for the discretionary administrative 15
expenses of the Social Security Administration and the 16
United States Postal Service. 17
(b) S
PECIALRULE.—In the House of Representa-18
tives, for purposes of enforcing section 302(f) of the Con-19
gressional Budget Act of 1974 (2 U.S.C. 633(f)), esti-20
mates of the level of total new budget authority and total 21
outlays provided by a measure shall include any discre-22
tionary amounts described in subsection (a). 23
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SEC. 5003. APPLICATION AND EFFECT OF CHANGES IN AL-1
LOCATIONS, AGGREGATES, AND OTHER 2
BUDGETARY LEVELS. 3
(a) A
PPLICATION.—Any adjustments of allocations, 4
aggregates, and other budgetary levels made pursuant to 5
this concurrent resolution shall— 6
(1) apply while that measure is under consider-7
ation; 8
(2) take effect upon the enactment of that 9
measure; and 10
(3) be published in the Congressional Record as 11
soon as practicable. 12
(b) E
FFECT OFCHANGEDALLOCATIONS, AGGRE-13
GATES, ANDOTHERBUDGETARYLEVELS.—Revised allo-14
cations, aggregates, and other budgetary levels resulting 15
from these adjustments shall be considered for the pur-16
poses of the Congressional Budget Act of 1974 (2 U.S.C. 17
621 et seq.) as the allocations, aggregates, and other 18
budgetary levels contained in this concurrent resolution. 19
(c) B
UDGETCOMMITTEEDETERMINATIONS.—For 20
purposes of this concurrent resolution, the levels of new 21
budget authority, outlays, direct spending, new entitle-22
ment authority, revenues, deficits, and surpluses for a fis-23
cal year or period of fiscal years shall be determined on 24
the basis of estimates made by the chair of the Committee 25
on the Budget of the applicable House of Congress. 26
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(d) AGGREGATES, ALLOCATIONS AND APPLICA-1
TION.—In the House of Representatives, for purposes of 2
this concurrent resolution and budget enforcement, the 3
consideration of any bill or joint resolution, or amendment 4
thereto or conference report thereon, for which the chair 5
of the Committee on the Budget makes adjustments or 6
revisions in the allocations, aggregates, and other budg-7
etary levels of this concurrent resolution shall not be sub-8
ject to the point of order set forth in clause 10 of rule 9
XXI of the Rules of the House of Representatives. 10
SEC. 5004. ADJUSTMENTS TO REFLECT CHANGES IN CON-11
CEPTS AND DEFINITIONS IN THE HOUSE OF 12
REPRESENTATIVES. 13
In the House of Representatives, the chair of the 14
Committee on the Budget may adjust the appropriate ag-15
gregates, allocations, and other budgetary levels in this 16
concurrent resolution for any change in budgetary con-17
cepts and definitions consistent with section 251(b)(1) of 18
the Balanced Budget and Emergency Deficit Control Act 19
of 1985 (2 U.S.C. 901(b)(1)). 20
SEC. 5005. ADJUSTMENT FOR CHANGES IN THE BASELINE. 21
In the House of Representatives, the chair of the 22
Committee on the Budget may adjust the allocations, ag-23
gregates, and other appropriate budgetary levels in this 24
concurrent resolution to reflect changes resulting from the 25
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Congressional Budget Office’s updates to its baseline for 1
fiscal years 2025 through 2034. 2
SEC. 5006. EXERCISE OF RULEMAKING POWERS. 3
Congress adopts the provisions of this title— 4
(1) as an exercise of the rulemaking power of 5
the Senate and the House of Representatives, re-6
spectively, and as such they shall be considered as 7
part of the rules of each House or of that House to 8
which they specifically apply, and such rules shall 9
supersede other rules only to the extent that they 10
are inconsistent with such other rules; and 11
(2) with full recognition of the constitutional 12
right of either the Senate or the House of Rep-13
resentatives to change those rules (insofar as they 14
relate to that House) at any time, in the same man-15
ner, and to the same extent as is the case of any 16
other rule of the Senate or House of Representa-17
tives. 18
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1
119
TH
CONGRESS
1
ST
S
ESSION
H. CON. RES. 14
[Report No. 119–4]
CONCURRENT RESOLUTION
Establishing the congressional budget for the
United States Government for fiscal year 2025
and setting forth the appropriate budgetary lev-
els for fiscal years 2026 through 2034.
F
EBRUARY
18, 2025
Committed to the Committee of the Whole House on the
State of the Union and ordered to be printed
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