A 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.

10/4/2024, 8:11 PM

Summary of Bill SCONRES 41

Bill 118 sconres 41 is a concurrent resolution that outlines the congressional budget for the United States Government for the fiscal year 2025. This resolution also establishes the appropriate budgetary levels for the following fiscal years, from 2026 through 2034.

The resolution aims to provide a comprehensive plan for managing the government's finances over the next decade. It includes detailed projections for revenue, spending, and deficits, as well as specific allocations for various government programs and agencies.

Key components of the resolution include funding for national defense, healthcare, education, infrastructure, and social services. It also addresses issues such as tax policy, entitlement programs, and debt reduction. Overall, Bill 118 sconres 41 is designed to guide Congress in making informed decisions about the federal budget and ensure that the government operates in a fiscally responsible manner. It reflects the priorities and values of the American people and seeks to promote economic growth, job creation, and long-term prosperity for the nation.

Congressional Summary of SCONRES 41

This concurrent resolution establishes the congressional budget for the federal government for FY2025 and sets forth budgetary levels for FY2026-FY2034.

The resolution recommends levels and amounts for FY2025-FY2034 for

federal revenues,
new budget authority,
budget outlays,
deficits,
public debt,
debt held by the public, and
the major functional categories of spending.

It also recommends levels and amounts for Social Security and Postal Service discretionary administrative expenses for the purpose of budget enforcement in the Senate.

In addition, the resolution establishes reserve funds that allow certain adjustments to committee allocations and other budgetary levels to accommodate legislation relating to (1) efficiencies, consolidations, and other savings; or (2) health savings accounts.

The resolution also sets forth budget enforcement procedures that address issues such as budget points of order, emergency legislation, and Congressional Budget Office cost estimates.

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Current Status of Bill SCONRES 41

Bill SCONRES 41 is currently in the status of Bill Introduced since September 12, 2024. Bill SCONRES 41 was introduced during Congress 118 and was introduced to the Senate on September 12, 2024. Bill SCONRES 41's most recent activity was Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 39 - 56. Record Vote Number: 252. as of September 25, 2024

Bipartisan Support of Bill SCONRES 41

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill SCONRES 41

Primary Policy Focus

Alternate Title(s) of Bill SCONRES 41

A 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.