An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034.

Resolution agreed to in Senate with amendments by Yea-Nay Vote. 52 - 48. Record Vote Number: 87. (text: CR S1119-1125)

Bill 119 sconres 7, also known as an original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034, is a piece of legislation that outlines the budgetary framework for the federal government over the next decade.

The resolution aims to establish the overall spending levels for various government programs and agencies, as well as revenue targets to fund these expenditures. It provides a roadmap for how Congress plans to allocate resources and manage the nation's finances in the coming years.

Key components of the resolution include setting spending limits for defense and non-defense discretionary spending, as well as outlining priorities for mandatory spending programs such as Social Security, Medicare, and Medicaid. It also includes projections for economic growth, inflation, and interest rates to inform budget decisions. The resolution is a non-binding document that serves as a guideline for Congress to follow when crafting annual appropriations bills and other budget-related legislation. It is intended to provide a framework for fiscal responsibility and ensure that the government operates within its means. Overall, Bill 119 sconres 7 is a critical piece of legislation that helps shape the federal budget and sets the stage for future fiscal policy decisions. It is an important tool for Congress to use in managing the nation's finances and ensuring the long-term stability of the economy.