Us Congress 2025 2025-2026 Regular Session

Us Congress House Bill HCR14 Amended / Bill

Filed 04/06/2025

                    In the Senate of the United States, 
April 5 (legislative day, April 4), 2025. 
Resolved, That the resolution from the House of Rep-
resentatives (H. Con. Res. 14) entitled ‘‘Concurrent resolu-
tion 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.’’, do pass with the following 
AMENDMENT: 
Strike all after the resolving clause and insert the 
following: 
SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET 1
FOR FISCAL YEAR 2025. 2
(a) D
ECLARATION.—Congress declares that this resolu-3
tion is the concurrent resolution on the budget for fiscal 4
year 2025 and that this resolution sets forth the appropriate 5
budgetary levels for fiscal years 2026 through 2034. 6
(b) T
ABLE OFCONTENTS.—The table of contents for 7
this concurrent resolution is as follows: 8
Sec. 1. Concurrent resolution on the budget for fiscal year 2025.  2 
†HCON 14 EAS 
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. Deficit-neutral reserve fund relating to government deregulation. 
Sec. 3003. Spending reduction reserve fund to save more than $2,000,000,000,000. 
Sec. 3004. Spending-neutral reserve fund related to current tax policy baseline. 
Sec. 3005. Deficit-neutral reserve fund relating to protecting Medicare and Med-
icaid. 
TITLE IV—OTHER MATTERS 
Sec. 4001. Adjustment for spending cuts of at least $2 trillion. 
Sec. 4002. Enforcement filing. 
Sec. 4003. Budgetary treatment of administrative expenses. 
Sec. 4004. Application and effect of changes in allocations, aggregates, and other 
budgetary levels. 
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 V—POLICY STATEMENTS IN THE HOUSE OF 
REPRESENTATIVES 
Sec. 5001. Policy statement on economic growth. 
Sec. 5002. Policy statement on mandatory spending reduction. 
Sec. 5003. Policy statement on Government deregulation. 
TITLE I—RECOMMENDED 1
LEVELS AND AMOUNTS 2
Subtitle A—Budgetary Levels in 3
Both Houses 4
SEC. 1101. RECOMMENDED LEVELS AND AMOUNTS. 5
The following budgetary levels are appropriate for each 6
of fiscal years 2025 through 2034: 7 3 
†HCON 14 EAS 
(1) FEDERAL REVENUES.—For purposes of the 1
enforcement of this resolution: 2
(A) The recommended levels of Federal reve-3
nues are as follows: 4
Fiscal year 2025: $3,699,743,000,000. 5
Fiscal year 2026: $3,850,222,000,000. 6
Fiscal year 2027: $3,935,426,000,000. 7
Fiscal year 2028: $4,064,380,000,000. 8
Fiscal year 2029: $4,187,266,000,000. 9
Fiscal year 2030: $4,388,684,000,000. 10
Fiscal year 2031: $4,600,466,000,000. 11
Fiscal year 2032: $4,800,588,000,000. 12
Fiscal year 2033: $5,020,540,000,000. 13
Fiscal year 2034: $5,242,537,000,000. 14
(B) The amounts by which the aggregate 15
levels of Federal revenues should be changed are 16
as follows: 17
Fiscal year 2025: ¥$150,000,000,000. 18
Fiscal year 2026: ¥$150,000,000,000. 19
Fiscal year 2027: ¥$150,000,000,000. 20
Fiscal year 2028: ¥$150,000,000,000. 21
Fiscal year 2029: ¥$150,000,000,000. 22
Fiscal year 2030: ¥$150,000,000,000. 23
Fiscal year 2031: ¥$150,000,000,000. 24
Fiscal year 2032: ¥$150,000,000,000. 25 4 
†HCON 14 EAS 
Fiscal year 2033: ¥$150,000,000,000. 1
Fiscal year 2034: ¥$150,000,000,000. 2
(2) N
EW BUDGET AUTHORITY .—For purposes of 3
the enforcement of this resolution, the appropriate lev-4
els of total new budget authority are as follows: 5
Fiscal year 2025: $4,663,769,000,000. 6
Fiscal year 2026: $4,795,798,000,000. 7
Fiscal year 2027: $4,933,048,000,000. 8
Fiscal year 2028: $5,216,255,000,000. 9
Fiscal year 2029: $5,375,045,000,000. 10
Fiscal year 2030: $5,667,195,000,000. 11
Fiscal year 2031: $5,915,714,000,000. 12
Fiscal year 2032: $6,191,839,000,000. 13
Fiscal year 2033: $6,530,356,000,000. 14
Fiscal year 2034: $6,736,948,000,000. 15
(3) B
UDGET OUTLAYS.—For purposes of the en-16
forcement of this resolution, the appropriate levels of 17
total budget outlays are as follows: 18
Fiscal year 2025: $4,636,008,000,000. 19
Fiscal year 2026: $4,811,854,000,000. 20
Fiscal year 2027: $5,009,263,000,000. 21
Fiscal year 2028: $5,304,033,000,000. 22
Fiscal year 2029: $5,364,632,000,000. 23
Fiscal year 2030: $5,654,106,000,000. 24
Fiscal year 2031: $5,882,786,000,000. 25 5 
†HCON 14 EAS 
Fiscal year 2032: $6,121,866,000,000. 1
Fiscal year 2033: $6,487,182,000,000. 2
Fiscal year 2034: $6,647,428,000,000. 3
(4) D
EFICITS.—For purposes of the enforcement 4
of this resolution, the amounts of the deficits are as 5
follows: 6
Fiscal year 2025: $936,265,000,000. 7
Fiscal year 2026: $961,632,000,000. 8
Fiscal year 2027: $1,073,837,000,000. 9
Fiscal year 2028: $1,239,653,000,000. 10
Fiscal year 2029: $1,177,366,000,000. 11
Fiscal year 2030: $1,265,422,000,000. 12
Fiscal year 2031: $1,282,320,000,000. 13
Fiscal year 2032: $1,321,278,000,000. 14
Fiscal year 2033: $1,466,642,000,000. 15
Fiscal year 2034: $1,404,891,000,000. 16
(5) P
UBLIC DEBT.—Pursuant to section 17
301(a)(5) of the Congressional Budget Act of 1974 (2 18
U.S.C. 632(a)(5)), the appropriate levels of the public 19
debt are as follows: 20
Fiscal year 2025: $36,525,094,000,000. 21
Fiscal year 2026: $37,838,733,000,000. 22
Fiscal year 2027: $39,140,384,000,000. 23
Fiscal year 2028: $40,566,455,000,000. 24
Fiscal year 2029: $42,102,586,000,000. 25 6 
†HCON 14 EAS 
Fiscal year 2030: $43,583,333,000,000. 1
Fiscal year 2031: $45,068,345,000,000. 2
Fiscal year 2032: $46,595,036,000,000. 3
Fiscal year 2033: $48,382,716,000,000. 4
Fiscal year 2034: $50,481,979,000,000. 5
(6) D
EBT HELD BY THE PUBLIC .—The appro-6
priate levels of debt held by the public are as follows: 7
Fiscal year 2025: $29,294,843,000,000. 8
Fiscal year 2026: $30,468,366,000,000. 9
Fiscal year 2027: $31,782,489,000,000. 10
Fiscal year 2028: $33,298,095,000,000. 11
Fiscal year 2029: $34,781,086,000,000. 12
Fiscal year 2030: $36,380,984,000,000. 13
Fiscal year 2031: $38,027,730,000,000. 14
Fiscal year 2032: $39,759,791,000,000. 15
Fiscal year 2033: $41,652,745,000,000. 16
Fiscal year 2034: $43,515,483,000,000. 17
SEC. 1102. MAJOR FUNCTIONAL CATEGORIES. 18
Congress determines and declares that the appropriate 19
levels of new budget authority and outlays for fiscal years 20
2025 through 2034 for each major functional category are: 21
(1) National Defense (050): 22
Fiscal year 2025: 23
(A) New budget authority, 24
$933,484,000,000. 25 7 
†HCON 14 EAS 
(B) Outlays, $909,629,000,000. 1
Fiscal year 2026: 2
(A) New budget authority, 3
$901,220,000,000. 4
(B) Outlays, $904,412,000,000. 5
Fiscal year 2027: 6
(A) New budget authority, 7
$923,020,000,000. 8
(B) Outlays, $911,956,000,000. 9
Fiscal year 2028: 10
(A) New budget authority, 11
$944,111,000,000. 12
(B) Outlays, $934,660,000,000. 13
Fiscal year 2029: 14
(A) New budget authority, 15
$966,203,000,000. 16
(B) Outlays, $942,419,000,000. 17
Fiscal year 2030: 18
(A) New budget authority, 19
$989,212,000,000. 20
(B) Outlays, $966,361,000,000. 21
Fiscal year 2031: 22
(A) New budget authority, 23
$1,012,715,000,000. 24
(B) Outlays, $984,795,000,000. 25 8 
†HCON 14 EAS 
Fiscal year 2032: 1
(A) New budget authority, 2
$1,036,723,000,000. 3
(B) Outlays, $1,003,888,000,000. 4
Fiscal year 2033: 5
(A) New budget authority, 6
$1,062,319,000,000. 7
(B) Outlays, $1,037,888,000,000. 8
Fiscal year 2034: 9
(A) New budget authority, 10
$1,087,382,000,000. 11
(B) Outlays, $1,054,430,000,000. 12
(2) International Affairs (150): 13
Fiscal year 2025: 14
(A) New budget authority, $65,962,000,000. 15
(B) Outlays, $69,206,000,000. 16
Fiscal year 2026: 17
(A) New budget authority, $61,716,000,000. 18
(B) Outlays, $67,669,000,000. 19
Fiscal year 2027: 20
(A) New budget authority, $62,249,000,000. 21
(B) Outlays, $66,456,000,000. 22
Fiscal year 2028: 23
(A) New budget authority, $63,512,000,000. 24
(B) Outlays, $62,391,000,000. 25 9 
†HCON 14 EAS 
Fiscal year 2029: 1
(A) New budget authority, $64,944,000,000. 2
(B) Outlays, $62,832,000,000. 3
Fiscal year 2030: 4
(A) New budget authority, $66,408,000,000. 5
(B) Outlays, $63,077,000,000. 6
Fiscal year 2031: 7
(A) New budget authority, $67,878,000,000. 8
(B) Outlays, $64,002,000,000. 9
Fiscal year 2032: 10
(A) New budget authority, $69,343,000,000. 11
(B) Outlays, $65,176,000,000. 12
Fiscal year 2033: 13
(A) New budget authority, $70,874,000,000. 14
(B) Outlays, $66,517,000,000. 15
Fiscal year 2034: 16
(A) New budget authority, $72,435,000,000. 17
(B) Outlays, $67,889,000,000. 18
(3) General Science, Space, and Technology 19
(250): 20
Fiscal year 2025: 21
(A) New budget authority, $42,084,000,000. 22
(B) Outlays, $41,734,000,000. 23
Fiscal year 2026: 24
(A) New budget authority, $41,345,000,000. 25 10 
†HCON 14 EAS 
(B) Outlays, $41,844,000,000. 1
Fiscal year 2027: 2
(A) New budget authority, $42,264,000,000. 3
(B) Outlays, $41,923,000,000. 4
Fiscal year 2028: 5
(A) New budget authority, $43,099,000,000. 6
(B) Outlays, $42,198,000,000. 7
Fiscal year 2029: 8
(A) New budget authority, $44,017,000,000. 9
(B) Outlays, $42,887,000,000. 10
Fiscal year 2030: 11
(A) New budget authority, $44,980,000,000. 12
(B) Outlays, $43,633,000,000. 13
Fiscal year 2031: 14
(A) New budget authority, $45,946,000,000. 15
(B) Outlays, $44,551,000,000. 16
Fiscal year 2032: 17
(A) New budget authority, $46,922,000,000. 18
(B) Outlays, $45,486,000,000. 19
Fiscal year 2033: 20
(A) New budget authority, $47,936,000,000. 21
(B) Outlays, $46,460,000,000. 22
Fiscal year 2034: 23
(A) New budget authority, $48,985,000,000. 24
(B) Outlays, $47,466,000,000. 25 11 
†HCON 14 EAS 
(4) Energy (270): 1
Fiscal year 2025: 2
(A) New budget authority, $39,842,000,000. 3
(B) Outlays, $37,587,000,000. 4
Fiscal year 2026: 5
(A) New budget authority, $39,958,000,000. 6
(B) Outlays, $44,514,000,000. 7
Fiscal year 2027: 8
(A) New budget authority, $34,098,000,000. 9
(B) Outlays, $52,768,000,000. 10
Fiscal year 2028: 11
(A) New budget authority, $34,825,000,000. 12
(B) Outlays, $51,623,000,000. 13
Fiscal year 2029: 14
(A) New budget authority, $35,770,000,000. 15
(B) Outlays, $48,582,000,000. 16
Fiscal year 2030: 17
(A) New budget authority, $33,946,000,000. 18
(B) Outlays, $42,596,000,000. 19
Fiscal year 2031: 20
(A) New budget authority, $35,188,000,000. 21
(B) Outlays, $40,366,000,000. 22
Fiscal year 2032: 23
(A) New budget authority, $39,697,000,000. 24
(B) Outlays, $41,611,000,000. 25 12 
†HCON 14 EAS 
Fiscal year 2033: 1
(A) New budget authority, $24,489,000,000. 2
(B) Outlays, $25,941,000,000. 3
Fiscal year 2034: 4
(A) New budget authority, $16,203,000,000. 5
(B) Outlays, $17,040,000,000. 6
(5) Natural Resources and Environment (300): 7
Fiscal year 2025: 8
(A) New budget authority, $88,319,000,000. 9
(B) Outlays, $89,764,000,000. 10
Fiscal year 2026: 11
(A) New budget authority, $67,633,000,000. 12
(B) Outlays, $80,552,000,000. 13
Fiscal year 2027: 14
(A) New budget authority, $45,140,000,000. 15
(B) Outlays, $75,844,000,000. 16
Fiscal year 2028: 17
(A) New budget authority, $45,985,000,000. 18
(B) Outlays, $71,673,000,000. 19
Fiscal year 2029: 20
(A) New budget authority, $46,956,000,000. 21
(B) Outlays, $67,691,000,000. 22
Fiscal year 2030: 23
(A) New budget authority, $47,707,000,000. 24
(B) Outlays, $63,948,000,000. 25 13 
†HCON 14 EAS 
Fiscal year 2031: 1
(A) New budget authority, $48,854,000,000. 2
(B) Outlays, $60,580,000,000. 3
Fiscal year 2032: 4
(A) New budget authority, $49,918,000,000. 5
(B) Outlays, $56,444,000,000. 6
Fiscal year 2033: 7
(A) New budget authority, $51,246,000,000. 8
(B) Outlays, $55,797,000,000. 9
Fiscal year 2034: 10
(A) New budget authority, $52,225,000,000. 11
(B) Outlays, $55,480,000,000. 12
(6) Agriculture (350): 13
Fiscal year 2025: 14
(A) New budget authority, $58,457,000,000. 15
(B) Outlays, $41,846,000,000. 16
Fiscal year 2026: 17
(A) New budget authority, $28,163,000,000. 18
(B) Outlays, $46,212,000,000. 19
Fiscal year 2027: 20
(A) New budget authority, $31,716,000,000. 21
(B) Outlays, $33,686,000,000. 22
Fiscal year 2028: 23
(A) New budget authority, $33,008,000,000. 24
(B) Outlays, $34,426,000,000. 25 14 
†HCON 14 EAS 
Fiscal year 2029: 1
(A) New budget authority, $33,334,000,000. 2
(B) Outlays, $32,441,000,000. 3
Fiscal year 2030: 4
(A) New budget authority, $30,857,000,000. 5
(B) Outlays, $30,098,000,000. 6
Fiscal year 2031: 7
(A) New budget authority, $30,468,000,000. 8
(B) Outlays, $29,609,000,000. 9
Fiscal year 2032: 10
(A) New budget authority, $31,239,000,000. 11
(B) Outlays, $30,163,000,000. 12
Fiscal year 2033: 13
(A) New budget authority, $32,276,000,000. 14
(B) Outlays, $30,893,000,000. 15
Fiscal year 2034: 16
(A) New budget authority, $32,912,000,000. 17
(B) Outlays, $31,721,000,000. 18
(7) Commerce and Housing Credit (370): 19
Fiscal year 2025: 20
(A) New budget authority, $12,477,000,000. 21
(B) Outlays, ¥$18,175,000,000. 22
Fiscal year 2026: 23
(A) New budget authority, $32,747,000,000. 24
(B) Outlays, ¥$626,000,000. 25 15 
†HCON 14 EAS 
Fiscal year 2027: 1
(A) New budget authority, $28,145,000,000. 2
(B) Outlays, $7,710,000,000. 3
Fiscal year 2028: 4
(A) New budget authority, 5
¥$56,796,000,000. 6
(B) Outlays, ¥$65,194,000,000. 7
Fiscal year 2029: 8
(A) New budget authority, $25,562,000,000. 9
(B) Outlays, $15,976,000,000. 10
Fiscal year 2030: 11
(A) New budget authority, $25,712,000,000. 12
(B) Outlays, $12,680,000,000. 13
Fiscal year 2031: 14
(A) New budget authority, $25,941,000,000. 15
(B) Outlays, $7,932,000,000. 16
Fiscal year 2032: 17
(A) New budget authority, $26,354,000,000. 18
(B) Outlays, $5,060,000,000. 19
Fiscal year 2033: 20
(A) New budget authority, $20,192,000,000. 21
(B) Outlays, ¥$4,224,000,000. 22
Fiscal year 2034: 23
(A) New budget authority, $29,862,000,000. 24
(B) Outlays, $2,451,000,000. 25 16 
†HCON 14 EAS 
(8) Transportation (400): 1
Fiscal year 2025: 2
(A) New budget authority, 3
$173,158,000,000. 4
(B) Outlays, $144,771,000,000. 5
Fiscal year 2026: 6
(A) New budget authority, 7
$167,673,000,000. 8
(B) Outlays, $152,541,000,000. 9
Fiscal year 2027: 10
(A) New budget authority, 11
$132,085,000,000. 12
(B) Outlays, $158,068,000,000. 13
Fiscal year 2028: 14
(A) New budget authority, 15
$133,386,000,000. 16
(B) Outlays, $162,528,000,000. 17
Fiscal year 2029: 18
(A) New budget authority, 19
$134,447,000,000. 20
(B) Outlays, $160,846,000,000. 21
Fiscal year 2030: 22
(A) New budget authority, 23
$129,994,000,000. 24
(B) Outlays, $150,790,000,000. 25 17 
†HCON 14 EAS 
Fiscal year 2031: 1
(A) New budget authority, 2
$130,964,000,000. 3
(B) Outlays, $147,539,000,000. 4
Fiscal year 2032: 5
(A) New budget authority, 6
$138,846,000,000. 7
(B) Outlays, $150,163,000,000. 8
Fiscal year 2033: 9
(A) New budget authority, 10
$140,544,000,000. 11
(B) Outlays, $149,247,000,000. 12
Fiscal year 2034: 13
(A) New budget authority, 14
$142,271,000,000. 15
(B) Outlays, $149,454,000,000. 16
(9) Community and Regional Development 17
(450): 18
Fiscal year 2025: 19
(A) New budget authority, $90,242,000,000. 20
(B) Outlays, $78,592,000,000. 21
Fiscal year 2026: 22
(A) New budget authority, $20,135,000,000. 23
(B) Outlays, $64,267,000,000. 24
Fiscal year 2027: 25 18 
†HCON 14 EAS 
(A) New budget authority, $19,259,000,000. 1
(B) Outlays, $56,506,000,000. 2
Fiscal year 2028: 3
(A) New budget authority, $19,462,000,000. 4
(B) Outlays, $45,101,000,000. 5
Fiscal year 2029: 6
(A) New budget authority, $19,888,000,000. 7
(B) Outlays, $35,976,000,000. 8
Fiscal year 2030: 9
(A) New budget authority, $20,326,000,000. 10
(B) Outlays, $31,026,000,000. 11
Fiscal year 2031: 12
(A) New budget authority, $20,727,000,000. 13
(B) Outlays, $27,543,000,000. 14
Fiscal year 2032: 15
(A) New budget authority, $21,007,000,000. 16
(B) Outlays, $24,658,000,000. 17
Fiscal year 2033: 18
(A) New budget authority, $21,462,000,000. 19
(B) Outlays, $22,754,000,000. 20
Fiscal year 2034: 21
(A) New budget authority, $21,864,000,000. 22
(B) Outlays, $21,733,000,000. 23
(10) Education, Training, Employment, and So-24
cial Services (500): 25 19 
†HCON 14 EAS 
Fiscal year 2025: 1
(A) New budget authority, 2
$149,379,000,000. 3
(B) Outlays, $171,920,000,000. 4
Fiscal year 2026: 5
(A) New budget authority, 6
$152,714,000,000. 7
(B) Outlays, $151,639,000,000. 8
Fiscal year 2027: 9
(A) New budget authority, 10
$155,152,000,000. 11
(B) Outlays, $151,206,000,000. 12
Fiscal year 2028: 13
(A) New budget authority, 14
$157,970,000,000. 15
(B) Outlays, $152,914,000,000. 16
Fiscal year 2029: 17
(A) New budget authority, 18
$160,942,000,000. 19
(B) Outlays, $155,518,000,000. 20
Fiscal year 2030: 21
(A) New budget authority, 22
$163,842,000,000. 23
(B) Outlays, $158,366,000,000. 24
Fiscal year 2031: 25 20 
†HCON 14 EAS 
(A) New budget authority, 1
$166,812,000,000. 2
(B) Outlays, $161,277,000,000. 3
Fiscal year 2032: 4
(A) New budget authority, 5
$170,169,000,000. 6
(B) Outlays, $164,438,000,000. 7
Fiscal year 2033: 8
(A) New budget authority, 9
$173,711,000,000. 10
(B) Outlays, $167,726,000,000. 11
Fiscal year 2034: 12
(A) New budget authority, 13
$176,750,000,000. 14
(B) Outlays, $170,798,000,000. 15
(11) Health (550): 16
Fiscal year 2025: 17
(A) New budget authority, 18
$948,957,000,000. 19
(B) Outlays, $963,482,000,000. 20
Fiscal year 2026: 21
(A) New budget authority, 22
$992,092,000,000. 23
(B) Outlays, $977,707,000,000. 24
Fiscal year 2027: 25 21 
†HCON 14 EAS 
(A) New budget authority, 1
$1,020,326,000,000. 2
(B) Outlays, $1,021,663,000,000. 3
Fiscal year 2028: 4
(A) New budget authority, 5
$1,054,949,000,000. 6
(B) Outlays, $1,051,917,000,000. 7
Fiscal year 2029: 8
(A) New budget authority, 9
$1,098,389,000,000. 10
(B) Outlays, $1,093,560,000,000. 11
Fiscal year 2030: 12
(A) New budget authority, 13
$1,142,669,000,000. 14
(B) Outlays, $1,132,096,000,000. 15
Fiscal year 2031: 16
(A) New budget authority, 17
$1,176,497,000,000. 18
(B) Outlays, $1,175,451,000,000. 19
Fiscal year 2032: 20
(A) New budget authority, 21
$1,226,824,000,000. 22
(B) Outlays, $1,216,998,000,000. 23
Fiscal year 2033: 24 22 
†HCON 14 EAS 
(A) New budget authority, 1
$1,276,881,000,000. 2
(B) Outlays, $1,266,068,000,000. 3
Fiscal year 2034: 4
(A) New budget authority, 5
$1,310,000,000,000. 6
(B) Outlays, $1,298,975,000,000. 7
(12) Medicare (570): 8
Fiscal year 2025: 9
(A) New budget authority, 10
$952,239,000,000. 11
(B) Outlays, $951,989,000,000. 12
Fiscal year 2026: 13
(A) New budget authority, 14
$1,007,093,000,000. 15
(B) Outlays, $1,008,459,000,000. 16
Fiscal year 2027: 17
(A) New budget authority, 18
$1,066,571,000,000. 19
(B) Outlays, $1,066,331,000,000. 20
Fiscal year 2028: 21
(A) New budget authority, 22
$1,209,735,000,000. 23
(B) Outlays, $1,208,675,000,000. 24
Fiscal year 2029: 25 23 
†HCON 14 EAS 
(A) New budget authority, 1
$1,125,645,000,000. 2
(B) Outlays, $1,125,301,000,000. 3
Fiscal year 2030: 4
(A) New budget authority, 5
$1,275,864,000,000. 6
(B) Outlays, $1,275,627,000,000. 7
Fiscal year 2031: 8
(A) New budget authority, 9
$1,357,791,000,000. 10
(B) Outlays, $1,357,726,000,000. 11
Fiscal year 2032: 12
(A) New budget authority, 13
$1,445,195,000,000. 14
(B) Outlays, $1,445,191,000,000. 15
Fiscal year 2033: 16
(A) New budget authority, 17
$1,659,329,000,000. 18
(B) Outlays, $1,659,346,000,000. 19
Fiscal year 2034: 20
(A) New budget authority, 21
$1,666,492,000,000. 22
(B) Outlays, $1,666,497,000,000. 23
(13) Income Security (600): 24
Fiscal year 2025: 25 24 
†HCON 14 EAS 
(A) New budget authority, 1
$712,538,000,000. 2
(B) Outlays, $709,200,000,000. 3
Fiscal year 2026: 4
(A) New budget authority, 5
$691,755,000,000. 6
(B) Outlays, $690,914,000,000. 7
Fiscal year 2027: 8
(A) New budget authority, 9
$708,645,000,000. 10
(B) Outlays, $703,648,000,000. 11
Fiscal year 2028: 12
(A) New budget authority, 13
$727,434,000,000. 14
(B) Outlays, $727,234,000,000. 15
Fiscal year 2029: 16
(A) New budget authority, 17
$728,925,000,000. 18
(B) Outlays, $714,850,000,000. 19
Fiscal year 2030: 20
(A) New budget authority, 21
$748,162,000,000. 22
(B) Outlays, $739,465,000,000. 23
Fiscal year 2031: 24 25 
†HCON 14 EAS 
(A) New budget authority, 1
$760,737,000,000. 2
(B) Outlays, $751,498,000,000. 3
Fiscal year 2032: 4
(A) New budget authority, 5
$778,878,000,000. 6
(B) Outlays, $768,898,000,000. 7
Fiscal year 2033: 8
(A) New budget authority, 9
$800,142,000,000. 10
(B) Outlays, $796,835,000,000. 11
Fiscal year 2034: 12
(A) New budget authority, 13
$808,455,000,000. 14
(B) Outlays, $798,159,000,000. 15
(14) Social Security (650): 16
Fiscal year 2025: 17
(A) New budget authority, $67,259,000,000. 18
(B) Outlays, $67,259,000,000. 19
Fiscal year 2026: 20
(A) New budget authority, $81,690,000,000. 21
(B) Outlays, $81,690,000,000. 22
Fiscal year 2027: 23
(A) New budget authority, $89,447,000,000. 24
(B) Outlays, $89,447,000,000. 25 26 
†HCON 14 EAS 
Fiscal year 2028: 1
(A) New budget authority, $94,419,000,000. 2
(B) Outlays, $94,419,000,000. 3
Fiscal year 2029: 4
(A) New budget authority, 5
$100,138,000,000. 6
(B) Outlays, $100,138,000,000. 7
Fiscal year 2030: 8
(A) New budget authority, 9
$106,208,000,000. 10
(B) Outlays, $106,208,000,000. 11
Fiscal year 2031: 12
(A) New budget authority, 13
$112,114,000,000. 14
(B) Outlays, $112,114,000,000. 15
Fiscal year 2032: 16
(A) New budget authority, 17
$118,485,000,000. 18
(B) Outlays, $118,485,000,000. 19
Fiscal year 2033: 20
(A) New budget authority, 21
$125,325,000,000. 22
(B) Outlays, $125,325,000,000. 23
Fiscal year 2034: 24 27 
†HCON 14 EAS 
(A) New budget authority, 1
$132,539,000,000. 2
(B) Outlays, $132,539,000,000. 3
(15) Veterans Benefits and Services (700): 4
Fiscal year 2025: 5
(A) New budget authority, 6
$361,349,000,000. 7
(B) Outlays, $357,760,000,000. 8
Fiscal year 2026: 9
(A) New budget authority, 10
$382,555,000,000. 11
(B) Outlays, $378,814,000,000. 12
Fiscal year 2027: 13
(A) New budget authority, 14
$404,594,000,000. 15
(B) Outlays, $401,319,000,000. 16
Fiscal year 2028: 17
(A) New budget authority, 18
$427,329,000,000. 19
(B) Outlays, $444,241,000,000. 20
Fiscal year 2029: 21
(A) New budget authority, 22
$447,757,000,000. 23
(B) Outlays, $422,317,000,000. 24
Fiscal year 2030: 25 28 
†HCON 14 EAS 
(A) New budget authority, 1
$466,616,000,000. 2
(B) Outlays, $461,720,000,000. 3
Fiscal year 2031: 4
(A) New budget authority, 5
$486,716,000,000. 6
(B) Outlays, $481,638,000,000. 7
Fiscal year 2032: 8
(A) New budget authority, 9
$507,187,000,000. 10
(B) Outlays, $502,655,000,000. 11
Fiscal year 2033: 12
(A) New budget authority, 13
$528,733,000,000. 14
(B) Outlays, $548,734,000,000. 15
Fiscal year 2034: 16
(A) New budget authority, 17
$550,662,000,000. 18
(B) Outlays, $547,796,000,000. 19
(16) Administration of Justice (750): 20
Fiscal year 2025: 21
(A) New budget authority, $83,111,000,000. 22
(B) Outlays, $85,235,000,000. 23
Fiscal year 2026: 24
(A) New budget authority, $88,992,000,000. 25 29 
†HCON 14 EAS 
(B) Outlays, $87,024,000,000. 1
Fiscal year 2027: 2
(A) New budget authority, $87,701,000,000. 3
(B) Outlays, $86,420,000,000. 4
Fiscal year 2028: 5
(A) New budget authority, $89,687,000,000. 6
(B) Outlays, $88,514,000,000. 7
Fiscal year 2029: 8
(A) New budget authority, $92,142,000,000. 9
(B) Outlays, $90,690,000,000. 10
Fiscal year 2030: 11
(A) New budget authority, $94,574,000,000. 12
(B) Outlays, $92,986,000,000. 13
Fiscal year 2031: 14
(A) New budget authority, $96,848,000,000. 15
(B) Outlays, $94,869,000,000. 16
Fiscal year 2032: 17
(A) New budget authority, 18
$104,463,000,000. 19
(B) Outlays, $101,844,000,000. 20
Fiscal year 2033: 21
(A) New budget authority, 22
$107,160,000,000. 23
(B) Outlays, $104,339,000,000. 24
Fiscal year 2034: 25 30 
†HCON 14 EAS 
(A) New budget authority, 1
$109,431,000,000. 2
(B) Outlays, $106,934,000,000. 3
(17) General Government (800): 4
Fiscal year 2025: 5
(A) New budget authority, $10,089,000,000. 6
(B) Outlays, $37,960,000,000. 7
Fiscal year 2026: 8
(A) New budget authority, $30,666,000,000. 9
(B) Outlays, $38,285,000,000. 10
Fiscal year 2027: 11
(A) New budget authority, $32,065,000,000. 12
(B) Outlays, $38,261,000,000. 13
Fiscal year 2028: 14
(A) New budget authority, $32,994,000,000. 15
(B) Outlays, $37,957,000,000. 16
Fiscal year 2029: 17
(A) New budget authority, $33,770,000,000. 18
(B) Outlays, $37,793,000,000. 19
Fiscal year 2030: 20
(A) New budget authority, $34,614,000,000. 21
(B) Outlays, $37,985,000,000. 22
Fiscal year 2031: 23
(A) New budget authority, $35,247,000,000. 24
(B) Outlays, $37,024,000,000. 25 31 
†HCON 14 EAS 
Fiscal year 2032: 1
(A) New budget authority, $36,189,000,000. 2
(B) Outlays, $36,307,000,000. 3
Fiscal year 2033: 4
(A) New budget authority, $36,960,000,000. 5
(B) Outlays, $36,758,000,000. 6
Fiscal year 2034: 7
(A) New budget authority, $37,681,000,000. 8
(B) Outlays, $37,266,000,000. 9
(18) Net Interest (900): 10
Fiscal year 2025: 11
(A) New budget authority, 12
$1,011,643,000,000. 13
(B) Outlays, $1,011,643,000,000. 14
Fiscal year 2026: 15
(A) New budget authority, 16
$1,031,561,000,000. 17
(B) Outlays, $1,031,561,000,000. 18
Fiscal year 2027: 19
(A) New budget authority, 20
$1,078,839,000,000. 21
(B) Outlays, $1,078,839,000,000. 22
Fiscal year 2028: 23
(A) New budget authority, 24
$1,150,343,000,000. 25 32 
†HCON 14 EAS 
(B) Outlays, $1,150,343,000,000. 1
Fiscal year 2029: 2
(A) New budget authority, 3
$1,213,150,000,000. 4
(B) Outlays, $1,213,150,000,000. 5
Fiscal year 2030: 6
(A) New budget authority, 7
$1,269,439,000,000. 8
(B) Outlays, $1,269,439,000,000. 9
Fiscal year 2031: 10
(A) New budget authority, 11
$1,332,808,000,000. 12
(B) Outlays, $1,332,808,000,000. 13
Fiscal year 2032: 14
(A) New budget authority, 15
$1,398,649,000,000. 16
(B) Outlays, $1,398,649,000,000. 17
Fiscal year 2033: 18
(A) New budget authority, 19
$1,457,676,000,000. 20
(B) Outlays, $1,457,676,000,000. 21
Fiscal year 2034: 22
(A) New budget authority, 23
$1,525,604,000,000. 24
(B) Outlays, $1,525,604,000,000. 25 33 
†HCON 14 EAS 
(19) Allowances (920): 1
Fiscal year 2025: 2
(A) New budget authority, 3
¥$1,009,217,000,000. 4
(B) Outlays, ¥$987,791,000,000. 5
Fiscal year 2026: 6
(A) New budget authority, 7
¥$888,800,000,000. 8
(B) Outlays, ¥$900,514,000,000. 9
Fiscal year 2027: 10
(A) New budget authority, 11
¥$890,385,000,000. 12
(B) Outlays, ¥$894,905,000,000. 13
Fiscal year 2028: 14
(A) New budget authority, 15
¥$848,052,000,000. 16
(B) Outlays, ¥$850,422,000,000. 17
Fiscal year 2029: 18
(A) New budget authority, 19
¥$851,534,000,000. 20
(B) Outlays, ¥$852,928,000,000. 21
Fiscal year 2030: 22
(A) New budget authority, 23
¥$874,353,000,000. 24
(B) Outlays, ¥$874,414,000,000. 25 34 
†HCON 14 EAS 
Fiscal year 2031: 1
(A) New budget authority, 2
¥$874,523,000,000. 3
(B) Outlays, ¥$874,523,000,000. 4
Fiscal year 2032: 5
(A) New budget authority, 6
¥$894,135,000,000. 7
(B) Outlays, ¥$894,135,000,000. 8
Fiscal year 2033: 9
(A) New budget authority, 10
¥$940,797,000,000. 11
(B) Outlays, ¥$940,797,000,000. 12
Fiscal year 2034: 13
(A) New budget authority, 14
¥$913,790,000,000. 15
(B) Outlays, ¥$913,790,000,000. 16
(20) Undistributed Offsetting Receipts (950): 17
Fiscal year 2025: 18
(A) New budget authority, 19
¥$127,603,000,000. 20
(B) Outlays, ¥$127,603,000,000. 21
Fiscal year 2026: 22
(A) New budget authority, 23
¥$135,110,000,000. 24
(B) Outlays, ¥$135,110,000,000. 25 35 
†HCON 14 EAS 
Fiscal year 2027: 1
(A) New budget authority, 2
¥$137,883,000,000. 3
(B) Outlays, ¥$137,883,000,000. 4
Fiscal year 2028: 5
(A) New budget authority, 6
¥$141,145,000,000. 7
(B) Outlays, ¥$141,165,000,000. 8
Fiscal year 2029: 9
(A) New budget authority, 10
¥$145,400,000,000. 11
(B) Outlays, ¥$145,407,000,000. 12
Fiscal year 2030: 13
(A) New budget authority, 14
¥$149,582,000,000. 15
(B) Outlays, ¥$149,581,000,000. 16
Fiscal year 2031: 17
(A) New budget authority, 18
¥$154,014,000,000. 19
(B) Outlays, ¥$154,013,000,000. 20
Fiscal year 2032: 21
(A) New budget authority, 22
¥$160,114,000,000. 23
(B) Outlays, ¥$160,113,000,000. 24
Fiscal year 2033: 25 36 
†HCON 14 EAS 
(A) New budget authority, 1
¥$166,102,000,000. 2
(B) Outlays, ¥$166,101,000,000. 3
Fiscal year 2034: 4
(A) New budget authority, 5
¥$171,015,000,000. 6
(B) Outlays, ¥$171,014,000,000. 7
Subtitle B—Levels and Amounts in 8
the Senate 9
SEC. 1201. SOCIAL SECURITY IN THE SENATE. 10
(a) S
OCIALSECURITYREVENUES.—For purposes of 11
Senate enforcement under sections 302 and 311 of the Con-12
gressional Budget Act of 1974 (2 U.S.C. 633 and 642), the 13
amounts of revenues of the Federal Old-Age and Survivors 14
Insurance Trust Fund and the Federal Disability Insur-15
ance Trust Fund are as follows: 16
Fiscal year 2025: $1,303,924,000,000. 17
Fiscal year 2026: $1,363,772,000,000. 18
Fiscal year 2027: $1,418,548,000,000. 19
Fiscal year 2028: $1,471,664,000,000. 20
Fiscal year 2029: $1,530,214,000,000. 21
Fiscal year 2030: $1,591,009,000,000. 22
Fiscal year 2031: $1,654,023,000,000. 23
Fiscal year 2032: $1,717,802,000,000. 24
Fiscal year 2033: $1,782,045,000,000. 25 37 
†HCON 14 EAS 
Fiscal year 2034: $1,848,436,000,000. 1
(b) S
OCIALSECURITYOUTLAYS.—For purposes of 2
Senate enforcement under sections 302 and 311 of the Con-3
gressional Budget Act of 1974 (2 U.S.C. 633 and 642), the 4
amounts of outlays of the Federal Old-Age and Survivors 5
Insurance Trust Fund and the Federal Disability Insur-6
ance Trust Fund are as follows: 7
Fiscal year 2025: $1,413,704,000,000. 8
Fiscal year 2026: $1,496,321,000,000. 9
Fiscal year 2027: $1,585,393,000,000. 10
Fiscal year 2028: $1,686,625,000,000. 11
Fiscal year 2029: $1,786,673,000,000. 12
Fiscal year 2030: $1,890,273,000,000. 13
Fiscal year 2031: $1,998,509,000,000. 14
Fiscal year 2032: $2,111,591,000,000. 15
Fiscal year 2033: $2,224,104,000,000. 16
Fiscal year 2034: $2,324,902,000,000. 17
(c) S
OCIALSECURITYADMINISTRATIVEEXPENSES.— 18
In the Senate, the amounts of new budget authority and 19
budget outlays of the Federal Old-Age and Survivors Insur-20
ance Trust Fund and the Federal Disability Insurance 21
Trust Fund for administrative expenses are as follows: 22
Fiscal year 2025: 23
(A) New budget authority, $6,400,000,000. 24
(B) Outlays, $6,332,000,000. 25 38 
†HCON 14 EAS 
Fiscal year 2026: 1
(A) New budget authority, $6,268,000,000. 2
(B) Outlays, $6,287,000,000. 3
Fiscal year 2027: 4
(A) New budget authority, $6,455,000,000. 5
(B) Outlays, $6,422,000,000. 6
Fiscal year 2028: 7
(A) New budget authority, $6,644,000,000. 8
(B) Outlays, $6,584,000,000. 9
Fiscal year 2029: 10
(A) New budget authority, $6,832,000,000. 11
(B) Outlays, $6,765,000,000. 12
Fiscal year 2030: 13
(A) New budget authority, $7,033,000,000. 14
(B) Outlays, $6,963,000,000. 15
Fiscal year 2031: 16
(A) New budget authority, $7,233,000,000. 17
(B) Outlays, $7,162,000,000. 18
Fiscal year 2032: 19
(A) New budget authority, $7,437,000,000. 20
(B) Outlays, $7,365,000,000. 21
Fiscal year 2033: 22
(A) New budget authority, $7,651,000,000. 23
(B) Outlays, $7,576,000,000. 24
Fiscal year 2034: 25 39 
†HCON 14 EAS 
(A) New budget authority, $7,869,000,000. 1
(B) Outlays, $7,792,000,000. 2
SEC. 1202. POSTAL SERVICE DISCRETIONARY ADMINISTRA-3
TIVE EXPENSES IN THE SENATE. 4
In the Senate, the amounts of new budget authority 5
and budget outlays of the Postal Service for discretionary 6
administrative expenses are as follows: 7
Fiscal year 2025: 8
(A) New budget authority, $268,000,000. 9
(B) Outlays, $268,000,000. 10
Fiscal year 2026: 11
(A) New budget authority, $279,000,000. 12
(B) Outlays, $279,000,000. 13
Fiscal year 2027: 14
(A) New budget authority, $289,000,000. 15
(B) Outlays, $289,000,000. 16
Fiscal year 2028: 17
(A) New budget authority, $299,000,000. 18
(B) Outlays, $299,000,000. 19
Fiscal year 2029: 20
(A) New budget authority, $309,000,000. 21
(B) Outlays, $309,000,000. 22
Fiscal year 2030: 23
(A) New budget authority, $319,000,000. 24
(B) Outlays, $319,000,000. 25 40 
†HCON 14 EAS 
Fiscal year 2031: 1
(A) New budget authority, $330,000,000. 2
(B) Outlays, $330,000,000. 3
Fiscal year 2032: 4
(A) New budget authority, $341,000,000. 5
(B) Outlays, $341,000,000. 6
Fiscal year 2033: 7
(A) New budget authority, $352,000,000. 8
(B) Outlays, $352,000,000. 9
Fiscal year 2034: 10
(A) New budget authority, $364,000,000. 11
(B) Outlays, $364,000,000. 12
TITLE II—RECONCILIATION 13
SEC. 2001. RECONCILIATION IN THE HOUSE OF REPRESENT-14
ATIVES. 15
(a) S
UBMISSIONS.—In the House of Representatives, 16
not later than May 9, 2025, the committees named in sub-17
section (b) and subsection (c) shall submit their rec-18
ommendations on changes in laws within their jurisdictions 19
to the Committee on the Budget of the House of Representa-20
tives to carry out this section. 21
(b) I
NSTRUCTIONS.— 22
(1) C
OMMITTEE ON AGRICULTURE .—The Com-23
mittee on Agriculture shall submit changes in laws 24
within its jurisdiction to reduce the deficit by not less 25 41 
†HCON 14 EAS 
than $230,000,000,000 for the period of fiscal years 1
2025 through 2034. 2
(2) C
OMMITTEE ON ARMED SERVICES .—The 3
Committee on Armed Services shall submit changes in 4
laws within its jurisdiction that increase the deficit 5
by not more than $100,000,000,000 for the period of 6
fiscal years 2025 through 2034. 7
(3) C
OMMITTEE ON EDUCATION AND WORK -8
FORCE.—The Committee on Education and Workforce 9
shall submit changes in laws within its jurisdiction 10
to reduce the deficit by not less than $330,000,000,000 11
for the period of fiscal years 2025 through 2034. 12
(4) C
OMMITTEE ON ENERGY AND COMMERCE .— 13
The Committee on Energy and Commerce shall sub-14
mit changes in laws within its jurisdiction to reduce 15
the deficit by not less than $880,000,000,000 for the 16
period of fiscal years 2025 through 2034. 17
(5) C
OMMITTEE ON FINANCIAL SERVICES .—The 18
Committee on Financial Services shall submit 19
changes in laws within its jurisdiction to reduce the 20
deficit by not less than $1,000,000,000 for the period 21
of fiscal years 2025 through 2034. 22
(6) C
OMMITTEE ON HOMELAND SECURITY .—The 23
Committee on Homeland Security shall submit 24
changes in laws within its jurisdiction that increase 25 42 
†HCON 14 EAS 
the deficit by not more than $90,000,000,000 for the 1
period of fiscal years 2025 through 2034. 2
(7) C
OMMITTEE ON THE JUDICIARY .—The Com-3
mittee on the Judiciary shall submit changes in laws 4
within its jurisdiction that increase the deficit by not 5
more than $110,000,000,000 for the period of fiscal 6
years 2025 through 2034. 7
(8) C
OMMITTEE ON NATURAL RESOURCES .—The 8
Committee on Natural Resources shall submit changes 9
in laws within its jurisdiction to reduce the deficit by 10
not less than $1,000,000,000 for the period of fiscal 11
years 2025 through 2034. 12
(9) C
OMMITTEE ON OVERSIGHT AND GOVERN -13
MENT REFORM.—The Committee on Oversight and 14
Government Reform shall submit changes in laws 15
within its jurisdiction to reduce the deficit by not less 16
than $50,000,000,000 for the period of fiscal years 17
2025 through 2034. 18
(10) C
OMMITTEE ON TRANSPORTATION AND IN -19
FRASTRUCTURE.—The Committee on Transportation 20
and Infrastructure shall submit changes in laws with-21
in its jurisdiction to reduce the deficit by not less 22
than $10,000,000,000 for the period of fiscal years 23
2025 through 2034. 24 43 
†HCON 14 EAS 
(11) COMMITTEE ON WAYS AND MEANS .—The 1
Committee on Ways and Means shall submit changes 2
in laws within its jurisdiction that increase the def-3
icit by not more than $4,500,000,000,000 for the pe-4
riod of fiscal years 2025 through 2034. 5
(c) I
NCREASE INSTATUTORYDEBTLIMIT.—The Com-6
mittee on Ways and Means shall submit changes in laws 7
within its jurisdiction that increase the statutory debt limit 8
by $4,000,000,000,000. 9
SEC. 2002. RECONCILIATION IN THE SENATE. 10
(a) I
NGENERAL.— 11
(1) S
UBMISSIONS.—In the Senate, not later than 12
May 9, 2025, the committees named in paragraph (2) 13
shall submit their recommendations to the Committee 14
on the Budget of the Senate. Upon receiving all such 15
recommendations, the Committee on the Budget of the 16
Senate shall report to the Senate a reconciliation bill 17
carrying out all such recommendations without any 18
substantive revision. 19
(2) I
NSTRUCTIONS.— 20
(A) C
OMMITTEE ON AGRICULTURE , NUTRI-21
TION, AND FORESTRY.—The Committee on Agri-22
culture, Nutrition, and Forestry of the Senate 23
shall report changes in laws within its jurisdic-24
tion that reduce the deficit by not less than 25 44 
†HCON 14 EAS 
$1,000,000,000 for the period of fiscal years 2025 1
through 2034. 2
(B) C
OMMITTEE ON ARMED SERVICES .—The 3
Committee on Armed Services of the Senate shall 4
report changes in laws within its jurisdiction 5
that increase the deficit by not more than 6
$150,000,000,000 for the period of fiscal years 7
2025 through 2034. 8
(C) C
OMMITTEE ON BANKING , HOUSING, 9
AND URBAN AFFAIRS.—The Committee on Bank-10
ing, Housing, and Urban Affairs of the Senate 11
shall report changes in laws within its jurisdic-12
tion that reduce the deficit by not less than 13
$1,000,000,000 for the period of fiscal years 2025 14
through 2034. 15
(D) C
OMMITTEE ON COMMERCE , SCIENCE, 16
AND TRANSPORTATION.—The Committee on Com-17
merce, Science, and Transportation of the Senate 18
shall report changes in laws within its jurisdic-19
tion that increase the deficit by not more than 20
$20,000,000,000 for the period of fiscal years 21
2025 through 2034. 22
(E) C
OMMITTEE ON ENERGY AND NATURAL 23
RESOURCES.—The Committee on Energy and 24
Natural Resources of the Senate shall report 25 45 
†HCON 14 EAS 
changes in laws within its jurisdiction that re-1
duce the deficit by not less than $1,000,000,000 2
for the period of fiscal years 2025 through 2034. 3
(F) C
OMMITTEE ON ENVIRONMENT AND 4
PUBLIC WORKS.—The Committee on Environ-5
ment and Public Works of the Senate shall re-6
port changes in laws within its jurisdiction that 7
increase the deficit by not more than 8
$1,000,000,000 for the period of fiscal years 2025 9
through 2034. 10
(G) C
OMMITTEE ON FINANCE .—The Com-11
mittee on Finance of the Senate shall report 12
changes in laws within its jurisdiction that in-13
crease the deficit by not more than 14
$1,500,000,000,000 for the period of fiscal years 15
2025 through 2034. 16
(H) C
OMMITTEE ON HEALTH , EDUCATION, 17
LABOR, AND PENSIONS.—The Committee on 18
Health, Education, Labor, and Pensions of the 19
Senate shall report changes in laws within its 20
jurisdiction that reduce the deficit by not less 21
than $1,000,000,000 for the period of fiscal years 22
2025 through 2034. 23
(I) C
OMMITTEE ON HOMELAND SECURITY 24
AND GOVERNMENTAL AFFAIRS .—The Committee 25 46 
†HCON 14 EAS 
on Homeland Security and Governmental Af-1
fairs of the Senate shall report changes in laws 2
within its jurisdiction that increase the deficit 3
by not more than $175,000,000,000 for the pe-4
riod of fiscal years 2025 through 2034. 5
(J) C
OMMITTEE ON THE JUDICIARY .—The 6
Committee on the Judiciary of the Senate shall 7
report changes in laws within its jurisdiction 8
that increase the deficit by not more than 9
$175,000,000,000 for the period of fiscal years 10
2025 through 2034. 11
(b) I
NCREASE INSTATUTORYDEBTLIMIT.—In the 12
Senate, not later than May 16, 2025, the Committee on Fi-13
nance of the Senate shall report changes in laws within its 14
jurisdiction that increase the statutory debt limit by not 15
more than $5,000,000,000,000. 16
TITLE III—RESERVE FUNDS 17
SEC. 3001. RESERVE FUND FOR RECONCILIATION LEGISLA-18
TION. 19
(a) H
OUSE OFREPRESENTATIVES.— 20
(1) I
N GENERAL.—In the House of Representa-21
tives, the chair of the Committee on the Budget may 22
revise the allocations of a committee or committees, 23
aggregates, and other appropriate levels in this reso-24
lution for any bill or joint resolution considered pur-25 47 
†HCON 14 EAS 
suant to section 2001 containing the recommenda-1
tions of one or more committees, or for one or more 2
amendments to, a conference report on, or an amend-3
ment between the Houses in relation to such a bill or 4
joint resolution, by the amounts necessary to accom-5
modate the budgetary effects of the legislation, if the 6
budgetary effects of the legislation comply with the 7
reconciliation instructions under this concurrent reso-8
lution. 9
(2) D
ETERMINATION OF COMPLIANCE .—For pur-10
poses of this subsection, compliance with the reconcili-11
ation instructions under this concurrent resolution 12
shall be determined by the chair of the Committee on 13
the Budget of the House of Representatives. 14
(b) S
ENATE.— 15
(1) I
N GENERAL.—In the Senate, the Chairman 16
of the Committee on the Budget of the Senate may re-17
vise the allocations of a committee or committees, ag-18
gregates, and other appropriate levels in this resolu-19
tion, and make adjustments to the pay-as-you-go ledg-20
er, for any bill or joint resolution considered pursu-21
ant to section 2002 containing the recommendations 22
of one or more committees, or for one or more amend-23
ments to, a conference report on, or an amendment 24
between the Houses in relation to such a bill or joint 25 48 
†HCON 14 EAS 
resolution, by the amounts necessary to accommodate 1
the budgetary effects of the legislation, if the budg-2
etary effects of the legislation comply with the rec-3
onciliation instructions under this concurrent resolu-4
tion. 5
(2) D
ETERMINATION OF COMPLIANCE .—For pur-6
poses of this section, compliance with the reconcili-7
ation instructions under this concurrent resolution 8
shall be determined by the Chairman of the Com-9
mittee on the Budget of the Senate. 10
(3) E
XCEPTIONS FOR LEGISLATION.— 11
(A) S
HORT-TERM.—Section 404 of S. Con. 12
Res. 13 (111th Congress), the concurrent resolu-13
tion on the budget for fiscal year 2010, as 14
amended by section 3201(b)(2) of S. Con. Res. 11 15
(114th Congress), the concurrent resolution on 16
the budget for fiscal year 2016, shall not apply 17
to legislation for which the Chairman of the 18
Committee on the Budget of the Senate has exer-19
cised the authority under paragraph (1). 20
(B) L
ONG-TERM.—Section 3101 of S. Con. 21
Res. 11 (114th Congress), the concurrent resolu-22
tion on the budget for fiscal year 2016, shall not 23
apply to legislation for which the Chairman of 24 49 
†HCON 14 EAS 
the Committee on the Budget of the Senate has 1
exercised the authority under paragraph (1). 2
SEC. 3002. DEFICIT-NEUTRAL RESERVE FUND RELATING TO 3
GOVERNMENT DEREGULATION. 4
The Chairman of the Committee on the Budget of the 5
Senate may revise the allocations of a committee or commit-6
tees, aggregates, and other appropriate levels in this resolu-7
tion, and make adjustments to the pay-as-you-go ledger, for 8
one or more bills, joint resolutions, amendments, amend-9
ments between the Houses, motions, or conference reports 10
relating to reducing burdensome and costly Federal Govern-11
ment regulations by passing legislation focused on govern-12
ment deregulation that will decrease new spending arising 13
from such regulations and reassert the proper constitutional 14
role of Congress in the law-making process by the amounts 15
provided in such legislation for those purposes, provided 16
that such legislation would not increase the deficit over ei-17
ther the period of the total of fiscal years 2025 through 2029 18
or the period of the total of fiscal years 2025 through 2034. 19
SEC. 3003. SPENDING REDUCTION RESERVE FUND TO SAVE 20
MORE THAN $2,000,000,000,000. 21
The Chairman of the Committee on the Budget of the 22
Senate may revise the allocations of a committee or commit-23
tees, aggregates, and other appropriate levels in this resolu-24
tion for one or more bills, joint resolutions, amendments, 25 50 
†HCON 14 EAS 
amendments between the Houses, motions, or conference re-1
ports relating to spending reforms that will— 2
(1) scrutinize line item expenditures, especially 3
non-defense spending that did not exist prior to or 4
has grown significantly since the start of the COVID– 5
19 pandemic; 6
(2) fulfill the President’s promise to protect the 7
old-age, survivors, and disability insurance benefits 8
program under title II of the Social Security Act (42 9
U.S.C. 401 et seq.), the Medicare program under title 10
XVIII of the Social Security Act (42 U.S.C. 1395 et 11
seq.), or the Medicaid program under title XIX of the 12
Social Security Act (42 U.S.C. 1396 et seq.), includ-13
ing from waste, fraud, and abuse; and 14
(3) include policy changes that reduce the deficit 15
through reconciliation, executive action, or rescissions 16
by Congress and the President by more than 17
$2,000,000,000,000 over 10 years, 18
by the amounts provided in such legislation for those pur-19
poses, provided that such legislation would reduce outlays 20
and the deficit over the period of the total of fiscal years 21
2025 through 2034. 22 51 
†HCON 14 EAS 
SEC. 3004. SPENDING-NEUTRAL RESERVE FUND RELATED 1
TO CURRENT TAX POLICY BASELINE. 2
The Chairman of the Committee on the Budget of the 3
Senate may revise the allocations of a committee or commit-4
tees, aggregates, and other appropriate levels in this resolu-5
tion for one or more bills, joint resolutions, amendments, 6
amendments between the Houses, motions, or conference re-7
ports relating to using more realistic assumptions regard-8
ing current tax policy, which may include extending provi-9
sions under Public Law 115–97 (131 Stat. 2054) (com-10
monly known as the ‘‘Tax Cuts and Jobs Act of 2017’’) in 11
the baseline in order to prevent massive tax increases on 12
working families and small businesses, and to align treat-13
ment of tax policy with major Federal spending programs, 14
without raising revenue, by the amounts provided in such 15
legislation for those purposes, provided that such legislation 16
would not increase the deficit over the period of the total 17
of fiscal years 2025 through 2034. 18
SEC. 3005. DEFICIT-NEUTRAL RESERVE FUND RELATING TO 19
PROTECTING MEDICARE AND MEDICAID. 20
The Chairman of the Committee on the Budget of the 21
Senate may revise the allocations of a committee or commit-22
tees, aggregates, and other appropriate levels in this resolu-23
tion, and make adjustments to the pay-as-you-go ledger, for 24
one or more bills, joint resolutions, amendments, amend-25
ments between the Houses, motions, or conference reports 26 52 
†HCON 14 EAS 
relating to protecting the Medicaid program under title 1
XIX of the Social Security Act (42 U.S.C. 1396 et seq.), 2
which may include strengthening and improving Medicaid 3
for the most vulnerable populations, and extending the life 4
of the Federal Hospital Insurance Trust Fund, by the 5
amounts provided in such legislation for those purposes, 6
provided that such legislation would not increase the deficit 7
over the period of the total of fiscal years 2025 through 8
2034. 9
TITLE IV—OTHER MATTERS 10
SEC. 4001. ADJUSTMENT FOR SPENDING CUTS OF AT LEAST 11
$2 TRILLION. 12
(a) A
DJUSTMENT IF DEFICITREDUCTIONTARGET 13
N
OTACHIEVED.—In the House of Representatives, if one 14
or more committees of the House of Representatives submit 15
reconciliation recommendations pursuant to paragraphs 16
(1), (3), (4), (5), (8), (9), or (10) of section 2001(b) and 17
such recommendations do not, in total, achieve at least 18
$2,000,000,000,000 in net deficit reduction over the period 19
of fiscal years 2025 through 2034, the chair of the Com-20
mittee on the Budget of the House shall reduce— 21
(1) the $4,500,000,000,000 reconciliation in-22
struction for the Committee on Ways and Means 23
under section 2001(b)(11); 24 53 
†HCON 14 EAS 
(2) the allocations to the Committee on Ways 1
and Means under section 302(a) of the Congressional 2
Budget and Impoundment Control Act of 1974 (2 3
U.S.C. 633(a)); 4
(3) the aggregates of budget authority, outlays, 5
and revenues; and 6
(4) any other appropriate level in this concur-7
rent resolution, 8
by an amount equal to the difference between 9
$2,000,000,000,000 and the total dollar amount of such rec-10
ommendations. 11
(b) A
DJUSTMENT IFDEFICITREDUCTIONTARGETEX-12
CEEDED.—In the House of Representatives, if one or more 13
committees of the House of Representatives submit reconcili-14
ation recommendations pursuant to paragraphs (1), (3), 15
(4), (5), (8), (9), or (10) of section 2001(b) and such rec-16
ommendations, in total, achieve at least $2,000,000,000,000 17
in net deficit reduction over the period of fiscal years 2025 18
through 2034, the chair of the Committee on the Budget 19
of the House shall increase the levels described in para-20
graphs (1) through (4) of subsection (a) by an amount equal 21
to the difference between the total dollar amount of such 22
recommendations and $2,000,000,000,000. 23
(c) C
ERTIFICATIONREQUIRED FORADJUSTMENT.—No 24
adjustment may be made under subsection (a) or subsection 25 54 
†HCON 14 EAS 
(b) unless the chair of the Committee on the Budget of the 1
House, using cost estimates provided by the Congressional 2
Budget Office and the Joint Committee on Taxation (as ap-3
propriate), certifies in writing that the applicable reconcili-4
ation recommendations— 5
(1) with respect to subsection (a), do not achieve 6
net deficit reduction of at least $2,000,000,000,000 7
over the period of fiscal years 2025 through 2034; or 8
(2) with respect to subsection (b), achieve net def-9
icit reduction of at least $2,000,000,000,000 over the 10
period of such fiscal years. 11
(d) R
ECONCILIATIONINSTRUCTION FOR WAYS AND 12
M
EANS.—In the House of Representatives, the dollar 13
amount resulting from any adjustment made under this sec-14
tion to the reconciliation instruction for the Committee on 15
Ways and Means under paragraph (11) of section 2001(b) 16
shall be substituted for ‘‘$4,500,000,000,000’’ in such section 17
and shall be deemed the reconciliation instructions for such 18
Committee under such section. Any recommendations on 19
changes in law within the jurisdiction of the Committee 20
shall be consistent with the goals of this concurrent resolu-21
tion, including with respect to spending reduction, tax pol-22
icy changes, reforms, or other measures deemed appropriate 23
by the chair of the Committee on the Budget of the House. 24 55 
†HCON 14 EAS 
(e) CONSISTENCYWITH THERESOLUTION.—Any rec-1
onciliation recommendations receiving an allocation ad-2
justment under this section shall not be considered in viola-3
tion of the budgetary levels established by this concurrent 4
resolution. 5
SEC. 4002. ENFORCEMENT FILING. 6
(a) I
N THEHOUSE OFREPRESENTATIVES.—In the 7
House of Representatives, if a concurrent resolution on the 8
budget for fiscal year 2025 is adopted without the appoint-9
ment of a committee of conference on the disagreeing votes 10
of the two Houses with respect to this concurrent resolution 11
on the budget, for the purpose of enforcing the Congressional 12
Budget Act of 1974 (2 U.S.C. 621 et seq.) and applicable 13
rules and requirements set forth in the concurrent resolution 14
on the budget, the allocations provided for in this subsection 15
shall apply in the House of Representatives in the same 16
manner as if such allocations were in a joint explanatory 17
statement accompanying a conference report on the budget 18
for fiscal year 2025. The chair of the Committee on the 19
Budget of the House of Representatives shall submit a state-20
ment for publication in the Congressional Record con-21
taining— 22
(1) for the Committee on Appropriations, com-23
mittee allocations for fiscal year 2025 consistent with 24 56 
†HCON 14 EAS 
title I for the purpose of enforcing section 302 of the 1
Congressional Budget Act of 1974 (2 U.S.C. 633); and 2
(2) for all committees other than the Committee 3
on Appropriations, committee allocations consistent 4
with title I for fiscal year 2025 and for the period of 5
fiscal years 2025 through 2034 for the purpose of en-6
forcing section 302 of the Congressional Budget Act of 7
1974 (2 U.S.C. 633). 8
(b) I
N THESENATE.—If this concurrent resolution on 9
the budget is agreed to by the Senate and House of Rep-10
resentatives without the appointment of a committee of con-11
ference on the disagreeing votes of the two Houses, the 12
Chairman of the Committee on the Budget of the Senate 13
may submit a statement for publication in the Congres-14
sional Record containing— 15
(1) for the Committee on Appropriations, com-16
mittee allocations for fiscal year 2025 consistent with 17
the levels in title I for the purpose of enforcing section 18
302 of the Congressional Budget Act of 1974 (2 19
U.S.C. 633); and 20
(2) for all committees other than the Committee 21
on Appropriations, committee allocations for fiscal 22
years 2025, 2025 through 2029, and 2025 through 23
2034 consistent with the levels in title I for the pur-24 57 
†HCON 14 EAS 
pose of enforcing section 302 of the Congressional 1
Budget Act of 1974 (2 U.S.C. 633). 2
SEC. 4003. BUDGETARY TREATMENT OF ADMINISTRATIVE 3
EXPENSES. 4
(a) S
ENATE.— 5
(1) I
N GENERAL.—In the Senate, notwith-6
standing section 302(a)(1) of the Congressional Budg-7
et Act of 1974 (2 U.S.C. 633(a)(1)), section 13301 of 8
the Budget Enforcement Act of 1990 (2 U.S.C. 632 9
note), and section 2009a of title 39, United States 10
Code, the report or the joint explanatory statement 11
accompanying this concurrent resolution on the budg-12
et or the statement filed pursuant to section 4002(b), 13
as applicable, shall include in an allocation under 14
section 302(a) of the Congressional Budget Act of 15
1974 (2 U.S.C. 633(a)) to the Committee on Appro-16
priations of the Senate of amounts for the discre-17
tionary administrative expenses of the Social Secu-18
rity Administration and the United States Postal 19
Service. 20
(2) S
PECIAL RULE.—In the Senate, for purposes 21
of enforcing section 302(f) of the Congressional Budg-22
et Act of 1974 (2 U.S.C. 633(f)), estimates of the level 23
of total new budget authority and total outlays pro-24 58 
†HCON 14 EAS 
vided by a measure shall include any discretionary 1
amounts described in paragraph (1). 2
(b) H
OUSE OFREPRESENTATIVES.— 3
(1) I
N GENERAL.—In the House of Representa-4
tives, notwithstanding section 302(a)(1) of the Con-5
gressional Budget Act of 1974 (2 U.S.C. 633(a)(1)), 6
section 13301 of the Budget Enforcement Act of 1990 7
(2 U.S.C. 632 note), and section 2009a of title 39, 8
United States Code, the report or the joint explana-9
tory statement accompanying this concurrent resolu-10
tion on the budget or the statement filed pursuant to 11
section 4002(a), as applicable, shall include in an al-12
location under section 302(a) of the Congressional 13
Budget Act of 1974 (2 U.S.C. 633(a)) to the Com-14
mittee on Appropriations of the House of Representa-15
tives of amounts for the discretionary administrative 16
expenses of the Social Security Administration and 17
the United States Postal Service. 18
(2) S
PECIAL RULE.—In the House of Representa-19
tives, for purposes of enforcing section 302(f) of the 20
Congressional Budget Act of 1974 (2 U.S.C. 633(f)), 21
estimates of the level of total new budget authority 22
and total outlays provided by a measure shall include 23
any discretionary amounts described in paragraph 24
(1). 25 59 
†HCON 14 EAS 
SEC. 4004. 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 meas-9
ure; and 10
(3) be published in the Congressional Record as 11
soon as practicable. 12
(b) E
FFECT OFCHANGEDALLOCATIONS, AGGRE-13
GATES, ANDOTHERBUDGETARYLEVELS.—Revised alloca-14
tions, aggregates, and other budgetary levels resulting from 15
these adjustments shall be considered for the purposes of the 16
Congressional Budget Act of 1974 (2 U.S.C. 621 et seq.) 17
as the allocations, aggregates, and other budgetary levels 18
contained in this concurrent resolution. 19
(c) B
UDGETCOMMITTEEDETERMINATIONS.—For pur-20
poses of this concurrent resolution, the levels of new budget 21
authority, outlays, direct spending, new entitlement author-22
ity, revenues, deficits, and surpluses for a fiscal year or pe-23
riod of fiscal years shall be determined on the basis of esti-24
mates made by the chair of the Committee on the Budget 25
of the applicable House of Congress. 26 60 
†HCON 14 EAS 
(d) AGGREGATES, ALLOCATIONS ANDAPPLICATION.— 1
In the House of Representatives, for purposes of this concur-2
rent resolution and budget enforcement, the consideration 3
of any bill or joint resolution, or amendment thereto or con-4
ference report thereon, for which the chair of the Committee 5
on the Budget makes adjustments or revisions in the alloca-6
tions, aggregates, and other budgetary levels of this concur-7
rent resolution shall not be subject to the point of order set 8
forth in clause 10 of rule XXI of the Rules of the House 9
of Representatives. 10
SEC. 4005. ADJUSTMENTS TO REFLECT CHANGES IN CON-11
CEPTS AND DEFINITIONS. 12
(a) H
OUSE OFREPRESENTATIVES.—In the House of 13
Representatives, the chair of the Committee on the Budget 14
may adjust the appropriate aggregates, allocations, and 15
other budgetary levels in this concurrent resolution for any 16
change in budgetary concepts and definitions consistent 17
with section 251(b)(1) of the Balanced Budget and Emer-18
gency Deficit Control Act of 1985 (2 U.S.C. 901(b)(1)). 19
(b) S
ENATE.—In the Senate, upon the enactment of 20
a bill or joint resolution providing for a change in concepts 21
or definitions, the Chairman of the Committee on the Budg-22
et of the Senate may make adjustments to the levels and 23
allocations in this concurrent resolution in accordance with 24 61 
†HCON 14 EAS 
section 251(b) of the Balanced Budget and Emergency Def-1
icit Control Act of 1985 (2 U.S.C. 901(b)). 2
SEC. 4006. ADJUSTMENT FOR CHANGES IN THE BASELINE. 3
The chair of the Committee on the Budget of the House 4
of Representatives and the Chairman of the Committee on 5
the Budget of the Senate may adjust the allocations, aggre-6
gates, and other appropriate budgetary levels in this con-7
current resolution to reflect changes resulting from the Con-8
gressional Budget Office’s updates to its baseline for fiscal 9
years 2025 through 2034, including the effects of legislation 10
enacted before the date on which this concurrent resolution 11
is agreed to. 12
SEC. 4007. EXERCISE OF RULEMAKING POWERS. 13
Congress adopts the provisions of this title— 14
(1) as an exercise of the rulemaking power of the 15
Senate and the House of Representatives, respectively, 16
and as such they shall be considered as part of the 17
rules of each House or of that House to which they 18
specifically apply, and such rules shall supersede 19
other rules only to the extent that they are incon-20
sistent with such other rules; and 21
(2) with full recognition of the constitutional 22
right of either the Senate or the House of Representa-23
tives to change those rules (insofar as they relate to 24
that House) at any time, in the same manner, and 25 62 
†HCON 14 EAS 
to the same extent as is the case of any other rule of 1
the Senate or House of Representatives. 2
TITLE V—POLICY STATEMENTS 3
IN THE HOUSE OF REP-4
RESENTATIVES 5
SEC. 5001. POLICY STATEMENT ON ECONOMIC GROWTH. 6
(a) F
INDINGS.—The House finds the following: 7
(1) The rate of economic growth has a signifi-8
cant impact on budget deficits. When the rate of gross 9
domestic product (GDP) increases, projected revenue 10
grows with it and deficits decline. Conversely, slower 11
GDP growth can lead to lagging revenues and mount-12
ing deficits. 13
(2) Federal policies affect the economy’s potential 14
to grow and impact economic performance, influ-15
encing budgetary outcomes. Consequently, fiscally re-16
sponsible policies that improve the economy’s long- 17
term growth prospects help reduce the size of budget 18
deficits over a given period. 19
(3) The free market, where individuals pursue 20
their own self-interests, has been responsible for great-21
er advancements in quality of life and generation of 22
wealth than any other form of economic system. Fed-23
eral policies designed to grow the economy should thus 24 63 
†HCON 14 EAS 
allow market forces to operate unhindered rather than 1
pick ‘‘winners’’ and ‘‘losers’’. 2
(b) P
OLICY ONECONOMICGROWTH.—In the House of 3
Representatives, it is the policy of this concurrent resolution 4
to pursue policies that embrace the free market and promote 5
economic growth policies that— 6
(1) reduce Federal spending; 7
(2) expand American energy production; 8
(3) lower taxes that discourage work, savings, 9
and investment; 10
(4) deregulate the economy and enact reforms to 11
diminish bureaucratic red tape; and 12
(5) eliminate barriers to work so more Ameri-13
cans enter (or reenter) the job market. 14
SEC. 5002. POLICY STATEMENT ON MANDATORY SPENDING 15
REDUCTION. 16
(a) F
INDINGS.—The House finds the following: 17
(1) The United States faces a significant debt 18
crisis, with the national debt currently exceeding $36 19
trillion, or 123 percent of GDP. 20
(2) Since 2019, mandatory spending has in-21
creased by 59 percent. 22
(3) This debt poses a significant risk to the coun-23
try’s long-term fiscal sustainability, with implica-24
tions for future generations. 25 64 
†HCON 14 EAS 
(4) Mandatory spending currently accounts for 1
over 70 percent of the entire Federal budget. 2
(5) The deficit for fiscal year 2025 is projected 3
to be $1.9 trillion, or 6.2 percent of GDP. 4
(6) This fiscal year, net interest will total $952 5
billion, or 3.2 percent of GDP. 6
(b) P
OLICY ONMANDATORYSPENDINGREDUCTION.— 7
In the House of Representatives, the goal of this concurrent 8
resolution is to reduce mandatory spending by $2 trillion 9
over the budget window. If the combined deficit reduction 10
provided by authorizing committees is below this target, it 11
is the policy of the Committee on the Budget of the House 12
that the instruction provided to the Committee on Ways and 13
Means of the House should be reduced by a commensurate 14
amount to offset the difference. 15
SEC. 5003. POLICY STATEMENT ON GOVERNMENT DEREGU-16
LATION. 17
(a) F
INDINGS.—The House finds the following: 18
(1) Regulations throughout the Federal Govern-19
ment have been a major issue for decades, continu-20
ously growing while negatively impacting the nation’s 21
economic and fiscal standing. 22
(2) Overregulation has consistently hurt small 23
businesses, strangled domestic energy production, 24 65 
†HCON 14 EAS 
weakened labor market conditions, and expanded gov-1
ernment overreach and costs on taxpayers. 2
(3) Real (inflation-adjusted) spending on regu-3
latory agencies has increased exponentially since 4
1960. The total number of pages in the Code of Fed-5
eral Regulations (CFR) has increased from 22,877 6
pages in 1960 to nearly 200,000 today. When com-7
pared to 1950, the CFR contained only 9,745 pages 8
in 1950, making the size of the CFR today 95% larg-9
er than it was in 1950. 10
(b) P
OLICYSTATEMENT ONGOVERNMENTDEREGULA-11
TION.—In this House of Representatives, it is the policy 12
of this concurrent resolution— 13
(1) that Congress continues to examine ways to 14
relieve the burdens of overregulation throughout the 15
Federal Government; 16
(2) that Congress is ready to promote initiatives 17
that will reduce government bureaucracy, enhance 18
Federalism, and increase economic prosperity through 19
deregulation; 20
(3) to not only reduce burdensome, costly regula-21
tions, but to also reassert the role of Congress; and 22
(4) to enact legislation through reconciliation 23
that strengthens Congress, scales back Federal regula-24
tions, limits future bureaucratic red tape, and 25 66 
†HCON 14 EAS 
unleashes economic growth, such as the Regulations 1
from the Executive in Need of Scrutiny (REINS) Act. 2
Attest: 
Secretary.   119
TH
CONGRESS 
1
ST
S
ESSION
 
H. CON. RES. 14 
AMENDMENT