[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H. Con. Res. 14 Placed on Calendar Senate (PCS)]
<DOC>
Calendar No. 38
119th CONGRESS
1st Session
H. CON. RES. 14
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
April 2, 2025
Received and placed on the calendar
_______________________________________________________________________
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 concurring),
SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2025.
(a) Declaration.--The Congress determines and declares that prior
concurrent resolutions on the budget are replaced as of fiscal year
2025 and that this concurrent resolution establishes the budget for
fiscal year 2025 and sets forth the appropriate budgetary levels for
fiscal years 2026 through 2034.
(b) Table of Contents.--The table of contents for this concurrent
resolution is as follows:
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 AND DEFICIT REDUCTION ADJUSTMENT
Sec. 3001. Reserve fund for reconciliation legislation in the House of
Representatives.
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.
TITLE I--RECOMMENDED LEVELS AND AMOUNTS
SEC. 1001. RECOMMENDED LEVELS AND AMOUNTS.
The following budgetary levels are appropriate for each of fiscal
years 2025 through 2034:
(1) Federal revenues.--For purposes of the enforcement of
this concurrent resolution:
(A) The recommended levels of Federal revenues are
as follows:
Fiscal year 2025: $3,408,969,000,000.
Fiscal year 2026: $3,766,668,000,000.
Fiscal year 2027: $4,066,393,000,000.
Fiscal year 2028: $4,186,847,000,000.
Fiscal year 2029: $4,309,831,000,000.
Fiscal year 2030: $4,508,641,000,000.
Fiscal year 2031: $4,730,270,000,000.
Fiscal year 2032: $4,938,712,000,000.
Fiscal year 2033: $5,172,643,000,000.
Fiscal year 2034: $5,410,030,000,000.
(B) The amounts by which the aggregate levels of
Federal revenues should be changed are as follows:
Fiscal year 2025: -$450,000,000,000.
Fiscal year 2026: -$450,000,000,000.
Fiscal year 2027: -$450,000,000,000.
Fiscal year 2028: -$450,000,000,000.
Fiscal year 2029: -$450,000,000,000.
Fiscal year 2030: -$450,000,000,000.
Fiscal year 2031: -$450,000,000,000.
Fiscal year 2032: -$450,000,000,000.
Fiscal year 2033: -$450,000,000,000.
Fiscal year 2034: -$450,000,000,000.
(2) New budget authority.--For purposes of the enforcement
of this concurrent resolution, the appropriate levels of total
new budget authority are as follows:
Fiscal year 2025: $5,515,610,000,000.
Fiscal year 2026: $5,605,352,000,000.
Fiscal year 2027: $5,744,975,000,000.
Fiscal year 2028: $5,999,399,000,000.
Fiscal year 2029: $6,173,475,000,000.
Fiscal year 2030: $6,494,898,000,000.
Fiscal year 2031: $6,748,868,000,000.
Fiscal year 2032: $7,048,096,000,000.
Fiscal year 2033: $7,438,116,000,000.
Fiscal year 2034: $7,610,582,000,000.
(3) Budget outlays.--For purposes of the enforcement of
this concurrent resolution, the appropriate levels of total
budget outlays are as follows:
Fiscal year 2025: $5,490,790,000,000.
Fiscal year 2026: $5,623,085,000,000.
Fiscal year 2027: $5,821,621,000,000.
Fiscal year 2028: $6,088,332,000,000.
Fiscal year 2029: $6,164,293,000,000.
Fiscal year 2030: $6,484,545,000,000.
Fiscal year 2031: $6,720,491,000,000.
Fiscal year 2032: $6,983,637,000,000.
Fiscal year 2033: $7,401,699,000,000.
Fiscal year 2034: $7,529,256,000,000.
(4) Deficits.--For purposes of the enforcement of this
concurrent resolution, the amounts of the deficits are as
follows:
Fiscal year 2025: $2,081,821,000,000.
Fiscal year 2026: $1,856,417,000,000.
Fiscal year 2027: $1,755,228,000,000.
Fiscal year 2028: $1,901,485,000,000.
Fiscal year 2029: $1,854,462,000,000.
Fiscal year 2030: $1,975,904,000,000.
Fiscal year 2031: $1,990,221,000,000.
Fiscal year 2032: $2,044,925,000,000.
Fiscal year 2033: $2,229,056,000,000.
Fiscal year 2034: $2,119,226,000,000.
(5) Debt subject to limit.--The appropriate levels of debt
subject to limit are as follows:
Fiscal year 2025: $37,660,656,000,000.
Fiscal year 2026: $39,839,449,000,000.
Fiscal year 2027: $41,752,932,000,000.
Fiscal year 2028: $43,721,320,000,000.
Fiscal year 2029: $45,725,094,000,000.
Fiscal year 2030: $47,646,893,000,000.
Fiscal year 2031: $49,490,401,000,000.
Fiscal year 2032: $51,311,359,000,000.
Fiscal year 2033: $53,342,100,000,000.
Fiscal year 2034: $55,566,372,000,000.
(6) Debt held by the public.--The appropriate levels of
debt held by the public are as follows:
Fiscal year 2025: $30,430,405,000,000.
Fiscal year 2026: $32,469,082,000,000.
Fiscal year 2027: $34,395,037,000,000.
Fiscal year 2028: $36,452,960,000,000.
Fiscal year 2029: $38,403,594,000,000.
Fiscal year 2030: $40,444,544,000,000.
Fiscal year 2031: $42,449,786,000,000.
Fiscal year 2032: $44,476,114,000,000.
Fiscal year 2033: $46,612,129,000,000.
Fiscal year 2034: $48,599,876,000,000.
SEC. 1002. MAJOR FUNCTIONAL CATEGORIES.
Congress determines and declares that the appropriate levels of new
budget authority and outlays for fiscal years 2025 through 2034 for
each major functional category are:
(1) National Defense (050):
Fiscal year 2025:
(A) New budget authority, $888,044,000,000.
(B) Outlays, $883,821,000,000.
Fiscal year 2026:
(A) New budget authority, $913,263,000,000.
(B) Outlays, $895,830,000,000.
Fiscal year 2027:
(A) New budget authority, $935,345,000,000.
(B) Outlays, $913,493,000,000.
Fiscal year 2028:
(A) New budget authority, $956,694,000,000.
(B) Outlays, $940,299,000,000.
Fiscal year 2029:
(A) New budget authority, $979,049,000,000.
(B) Outlays, $950,598,000,000.
Fiscal year 2030:
(A) New budget authority,
$1,002,337,000,000.
(B) Outlays, $977,233,000,000.
Fiscal year 2031:
(A) New budget authority,
$1,026,119,000,000.
(B) Outlays, $996,535,000,000.
Fiscal year 2032:
(A) New budget authority,
$1,050,408,000,000.
(B) Outlays, $1,016,235,000,000.
Fiscal year 2033:
(A) New budget authority,
$1,076,299,000,000.
(B) Outlays, $1,050,728,000,000.
Fiscal year 2034:
(A) New budget authority,
$1,101,659,000,000.
(B) Outlays, $1,067,701,000,000.
(2) International Affairs (150):
Fiscal year 2025:
(A) New budget authority, $65,962,000,000.
(B) Outlays, $69,206,000,000.
Fiscal year 2026:
(A) New budget authority, $64,270,000,000.
(B) Outlays, $68,458,000,000.
Fiscal year 2027:
(A) New budget authority, $64,856,000,000.
(B) Outlays, $68,013,000,000.
Fiscal year 2028:
(A) New budget authority, $66,169,000,000.
(B) Outlays, $64,433,000,000.
Fiscal year 2029:
(A) New budget authority, $67,655,000,000.
(B) Outlays, $65,177,000,000.
Fiscal year 2030:
(A) New budget authority, $69,175,000,000.
(B) Outlays, $65,601,000,000.
Fiscal year 2031:
(A) New budget authority, $70,699,000,000.
(B) Outlays, $66,643,000,000.
Fiscal year 2032:
(A) New budget authority, $72,220,000,000.
(B) Outlays, $67,916,000,000.
Fiscal year 2033:
(A) New budget authority, $73,809,000,000.
(B) Outlays, $69,332,000,000.
Fiscal year 2034:
(A) New budget authority, $75,431,000,000.
(B) Outlays, $70,768,000,000.
(3) General Science, Space, and Technology (250):
Fiscal year 2025:
(A) New budget authority, $42,084,000,000.
(B) Outlays, $41,734,000,000.
Fiscal year 2026:
(A) New budget authority, $43,056,000,000.
(B) Outlays, $42,483,000,000.
Fiscal year 2027:
(A) New budget authority, $44,011,000,000.
(B) Outlays, $43,166,000,000.
Fiscal year 2028:
(A) New budget authority, $44,881,000,000.
(B) Outlays, $43,781,000,000.
Fiscal year 2029:
(A) New budget authority, $45,834,000,000.
(B) Outlays, $44,611,000,000.
Fiscal year 2030:
(A) New budget authority, $46,835,000,000.
(B) Outlays, $45,450,000,000.
Fiscal year 2031:
(A) New budget authority, $47,840,000,000.
(B) Outlays, $46,405,000,000.
Fiscal year 2032:
(A) New budget authority, $48,853,000,000.
(B) Outlays, $47,377,000,000.
Fiscal year 2033:
(A) New budget authority, $49,907,000,000.
(B) Outlays, $48,391,000,000.
Fiscal year 2034:
(A) New budget authority, $50,997,000,000.
(B) Outlays, $49,436,000,000.
(4) Energy (270):
Fiscal year 2025:
(A) New budget authority, $39,842,000,000.
(B) Outlays, $37,587,000,000.
Fiscal year 2026:
(A) New budget authority, $40,172,000,000.
(B) Outlays, $44,518,000,000.
Fiscal year 2027:
(A) New budget authority, $43,579,000,000.
(B) Outlays, $52,928,000,000.
Fiscal year 2028:
(A) New budget authority, $44,493,000,000.
(B) Outlays, $52,542,000,000.
Fiscal year 2029:
(A) New budget authority, $45,633,000,000.
(B) Outlays, $51,237,000,000.
Fiscal year 2030:
(A) New budget authority, $44,014,000,000.
(B) Outlays, $47,297,000,000.
Fiscal year 2031:
(A) New budget authority, $45,460,000,000.
(B) Outlays, $46,521,000,000.
Fiscal year 2032:
(A) New budget authority, $50,176,000,000.
(B) Outlays, $48,864,000,000.
Fiscal year 2033:
(A) New budget authority, $35,184,000,000.
(B) Outlays, $34,040,000,000.
Fiscal year 2034:
(A) New budget authority, $27,122,000,000.
(B) Outlays, $26,021,000,000.
(5) Natural Resources and Environment (300):
Fiscal year 2025:
(A) New budget authority, $88,219,000,000.
(B) Outlays, $90,074,000,000.
Fiscal year 2026:
(A) New budget authority, $89,760,000,000.
(B) Outlays, $90,428,000,000.
Fiscal year 2027:
(A) New budget authority, $83,830,000,000.
(B) Outlays, $91,282,000,000.
Fiscal year 2028:
(A) New budget authority, $85,498,000,000.
(B) Outlays, $91,754,000,000.
Fiscal year 2029:
(A) New budget authority, $87,319,000,000.
(B) Outlays, $92,172,000,000.
Fiscal year 2030:
(A) New budget authority, $88,970,000,000.
(B) Outlays, $92,442,000,000.
Fiscal year 2031:
(A) New budget authority, $91,016,000,000.
(B) Outlays, $92,640,000,000.
Fiscal year 2032:
(A) New budget authority, $92,975,000,000.
(B) Outlays, $91,686,000,000.
Fiscal year 2033:
(A) New budget authority, $95,254,000,000.
(B) Outlays, $93,640,000,000.
Fiscal year 2034:
(A) New budget authority, $97,211,000,000.
(B) Outlays, $94,831,000,000.
(6) Agriculture (350):
Fiscal year 2025:
(A) New budget authority, $58,457,000,000.
(B) Outlays, $41,846,000,000.
Fiscal year 2026:
(A) New budget authority, $59,875,000,000.
(B) Outlays, $58,018,000,000.
Fiscal year 2027:
(A) New budget authority, $64,092,000,000.
(B) Outlays, $61,792,000,000.
Fiscal year 2028:
(A) New budget authority, $66,014,000,000.
(B) Outlays, $64,140,000,000.
Fiscal year 2029:
(A) New budget authority, $66,999,000,000.
(B) Outlays, $63,775,000,000.
Fiscal year 2030:
(A) New budget authority, $65,213,000,000.
(B) Outlays, $62,065,000,000.
Fiscal year 2031:
(A) New budget authority, $65,516,000,000.
(B) Outlays, $62,226,000,000.
Fiscal year 2032:
(A) New budget authority, $66,979,000,000.
(B) Outlays, $63,432,000,000.
Fiscal year 2033:
(A) New budget authority, $68,738,000,000.
(B) Outlays, $64,825,000,000.
Fiscal year 2034:
(A) New budget authority, $70,130,000,000.
(B) Outlays, $66,347,000,000.
(7) Commerce and Housing Credit (370):
Fiscal year 2025:
(A) New budget authority, $12,477,000,000.
(B) Outlays, -$18,175,000,000.
Fiscal year 2026:
(A) New budget authority, $33,817,000,000.
(B) Outlays, -$207,000,000.
Fiscal year 2027:
(A) New budget authority, $29,807,000,000.
(B) Outlays, $8,387,000,000.
Fiscal year 2028:
(A) New budget authority, -$55,092,000,000.
(B) Outlays, -$64,213,000,000.
Fiscal year 2029:
(A) New budget authority, $27,308,000,000.
(B) Outlays, $17,149,000,000.
Fiscal year 2030:
(A) New budget authority, $27,501,000,000.
(B) Outlays, $14,043,000,000.
Fiscal year 2031:
(A) New budget authority, $27,776,000,000.
(B) Outlays, $9,486,000,000.
Fiscal year 2032:
(A) New budget authority, $28,233,000,000.
(B) Outlays, $6,788,000,000.
Fiscal year 2033:
(A) New budget authority, $22,118,000,000.
(B) Outlays, -$2,412,000,000.
Fiscal year 2034:
(A) New budget authority, $31,836,000,000.
(B) Outlays, $4,308,000,000.
(8) Transportation (400):
Fiscal year 2025:
(A) New budget authority, $173,158,000,000.
(B) Outlays, $144,771,000,000.
Fiscal year 2026:
(A) New budget authority, $176,249,000,000.
(B) Outlays, $154,625,000,000.
Fiscal year 2027:
(A) New budget authority, $178,411,000,000.
(B) Outlays, $162,925,000,000.
Fiscal year 2028:
(A) New budget authority, $180,607,000,000.
(B) Outlays, $171,610,000,000.
Fiscal year 2029:
(A) New budget authority, $182,610,000,000.
(B) Outlays, $175,967,000,000.
Fiscal year 2030:
(A) New budget authority, $179,144,000,000.
(B) Outlays, $174,442,000,000.
Fiscal year 2031:
(A) New budget authority, $181,099,000,000.
(B) Outlays, $178,314,000,000.
Fiscal year 2032:
(A) New budget authority, $189,966,000,000.
(B) Outlays, $187,367,000,000.
Fiscal year 2033:
(A) New budget authority, $192,692,000,000.
(B) Outlays, $191,213,000,000.
Fiscal year 2034:
(A) New budget authority, $195,495,000,000.
(B) Outlays, $194,754,000,000.
(9) Community and Regional Development (450):
Fiscal year 2025:
(A) New budget authority, $87,762,000,000.
(B) Outlays, $78,752,000,000.
Fiscal year 2026:
(A) New budget authority, $89,366,000,000.
(B) Outlays, $69,845,000,000.
Fiscal year 2027:
(A) New budget authority, $91,267,000,000.
(B) Outlays, $74,426,000,000.
Fiscal year 2028:
(A) New budget authority, $92,897,000,000.
(B) Outlays, $75,604,000,000.
Fiscal year 2029:
(A) New budget authority, $94,812,000,000.
(B) Outlays, $77,850,000,000.
Fiscal year 2030:
(A) New budget authority, $96,811,000,000.
(B) Outlays, $82,903,000,000.
Fiscal year 2031:
(A) New budget authority, $98,774,000,000.
(B) Outlays, $86,364,000,000.
Fiscal year 2032:
(A) New budget authority, $100,621,000,000.
(B) Outlays, $88,685,000,000.
Fiscal year 2033:
(A) New budget authority, $102,711,000,000.
(B) Outlays, $90,723,000,000.
Fiscal year 2034:
(A) New budget authority, $104,818,000,000.
(B) Outlays, $93,005,000,000.
(10) Education, Training, Employment, and Social Services
(500):
Fiscal year 2025:
(A) New budget authority, $149,303,000,000.
(B) Outlays, $171,916,000,000.
Fiscal year 2026:
(A) New budget authority, $152,714,000,000.
(B) Outlays, $151,605,000,000.
Fiscal year 2027:
(A) New budget authority, $155,153,000,000.
(B) Outlays, $150,979,000,000.
Fiscal year 2028:
(A) New budget authority, $157,971,000,000.
(B) Outlays, $152,819,000,000.
Fiscal year 2029:
(A) New budget authority, $160,952,000,000.
(B) Outlays, $155,502,000,000.
Fiscal year 2030:
(A) New budget authority, $163,865,000,000.
(B) Outlays, $158,383,000,000.
Fiscal year 2031:
(A) New budget authority, $166,854,000,000.
(B) Outlays, $161,312,000,000.
Fiscal year 2032:
(A) New budget authority, $170,223,000,000.
(B) Outlays, $164,486,000,000.
Fiscal year 2033:
(A) New budget authority, $173,784,000,000.
(B) Outlays, $167,792,000,000.
Fiscal year 2034:
(A) New budget authority, $176,834,000,000.
(B) Outlays, $170,876,000,000.
(11) Health (550):
Fiscal year 2025:
(A) New budget authority, $945,070,000,000.
(B) Outlays, $961,180,000,000.
Fiscal year 2026:
(A) New budget authority, $992,460,000,000.
(B) Outlays, $976,705,000,000.
Fiscal year 2027:
(A) New budget authority,
$1,021,428,000,000.
(B) Outlays, $1,021,884,000,000.
Fiscal year 2028:
(A) New budget authority,
$1,056,522,000,000.
(B) Outlays, $1,053,318,000,000.
Fiscal year 2029:
(A) New budget authority,
$1,099,999,000,000.
(B) Outlays, $1,095,100,000,000.
Fiscal year 2030:
(A) New budget authority,
$1,144,066,000,000.
(B) Outlays, $1,133,456,000,000.
Fiscal year 2031:
(A) New budget authority,
$1,177,723,000,000.
(B) Outlays, $1,176,648,000,000.
Fiscal year 2032:
(A) New budget authority,
$1,228,051,000,000.
(B) Outlays, $1,218,203,000,000.
Fiscal year 2033:
(A) New budget authority,
$1,278,134,000,000.
(B) Outlays, $1,267,299,000,000.
Fiscal year 2034:
(A) New budget authority,
$1,311,280,000,000.
(B) Outlays, $1,300,233,000,000.
(12) Medicare (570):
Fiscal year 2025:
(A) New budget authority, $950,891,000,000.
(B) Outlays, $950,641,000,000.
Fiscal year 2026:
(A) New budget authority,
$1,007,431,000,000.
(B) Outlays, $1,009,161,000,000.
Fiscal year 2027:
(A) New budget authority,
$1,067,229,000,000.
(B) Outlays, $1,066,832,000,000.
Fiscal year 2028:
(A) New budget authority,
$1,210,420,000,000.
(B) Outlays, $1,208,952,000,000.
Fiscal year 2029:
(A) New budget authority,
$1,126,357,000,000.
(B) Outlays, $1,125,928,000,000.
Fiscal year 2030:
(A) New budget authority,
$1,276,602,000,000.
(B) Outlays, $1,276,291,000,000.
Fiscal year 2031:
(A) New budget authority,
$1,358,554,000,000.
(B) Outlays, $1,358,476,000,000.
Fiscal year 2032:
(A) New budget authority,
$1,445,982,000,000.
(B) Outlays, $1,445,966,000,000.
Fiscal year 2033:
(A) New budget authority,
$1,664,590,000,000.
(B) Outlays, $1,664,595,000,000.
Fiscal year 2034:
(A) New budget authority,
$1,667,328,000,000.
(B) Outlays, $1,667,321,000,000.
(13) Income Security (600):
Fiscal year 2025:
(A) New budget authority, $712,446,000,000.
(B) Outlays, $709,132,000,000.
Fiscal year 2026:
(A) New budget authority, $702,007,000,000.
(B) Outlays, $699,086,000,000.
Fiscal year 2027:
(A) New budget authority, $703,592,000,000.
(B) Outlays, $698,238,000,000.
Fiscal year 2028:
(A) New budget authority, $722,280,000,000.
(B) Outlays, $721,948,000,000.
Fiscal year 2029:
(A) New budget authority, $724,420,000,000.
(B) Outlays, $710,279,000,000.
Fiscal year 2030:
(A) New budget authority, $743,824,000,000.
(B) Outlays, $735,068,000,000.
Fiscal year 2031:
(A) New budget authority, $757,021,000,000.
(B) Outlays, $747,723,000,000.
Fiscal year 2032:
(A) New budget authority, $775,456,000,000.
(B) Outlays, $765,416,000,000.
Fiscal year 2033:
(A) New budget authority, $796,775,000,000.
(B) Outlays, $793,408,000,000.
Fiscal year 2034:
(A) New budget authority, $805,597,000,000.
(B) Outlays, $795,238,000,000.
(14) Social Security (650):
Fiscal year 2025:
(A) New budget authority, $67,259,000,000.
(B) Outlays, $67,259,000,000.
Fiscal year 2026:
(A) New budget authority, $81,690,000,000.
(B) Outlays, $81,690,000,000.
Fiscal year 2027:
(A) New budget authority, $89,447,000,000.
(B) Outlays, $89,447,000,000.
Fiscal year 2028:
(A) New budget authority, $94,419,000,000.
(B) Outlays, $94,419,000,000.
Fiscal year 2029:
(A) New budget authority, $100,138,000,000.
(B) Outlays, $100,138,000,000.
Fiscal year 2030:
(A) New budget authority, $106,208,000,000.
(B) Outlays, $106,208,000,000.
Fiscal year 2031:
(A) New budget authority, $112,114,000,000.
(B) Outlays, $112,114,000,000.
Fiscal year 2032:
(A) New budget authority, $118,485,000,000.
(B) Outlays, $118,485,000,000.
Fiscal year 2033:
(A) New budget authority, $125,325,000,000.
(B) Outlays, $125,325,000,000.
Fiscal year 2034:
(A) New budget authority, $132,539,000,000.
(B) Outlays, $132,539,000,000.
(15) Veterans Benefits and Services (700):
Fiscal year 2025:
(A) New budget authority, $361,349,000,000.
(B) Outlays, $357,760,000,000.
Fiscal year 2026:
(A) New budget authority, $382,625,000,000.
(B) Outlays, $378,862,000,000.
Fiscal year 2027:
(A) New budget authority, $404,665,000,000.
(B) Outlays, $401,379,000,000.
Fiscal year 2028:
(A) New budget authority, $427,402,000,000.
(B) Outlays, $444,309,000,000.
Fiscal year 2029:
(A) New budget authority, $447,832,000,000.
(B) Outlays, $422,387,000,000.
Fiscal year 2030:
(A) New budget authority, $466,693,000,000.
(B) Outlays, $461,795,000,000.
Fiscal year 2031:
(A) New budget authority, $486,796,000,000.
(B) Outlays, $481,715,000,000.
Fiscal year 2032:
(A) New budget authority, $507,269,000,000.
(B) Outlays, $502,734,000,000.
Fiscal year 2033:
(A) New budget authority, $528,816,000,000.
(B) Outlays, $548,814,000,000.
Fiscal year 2034:
(A) New budget authority, $550,747,000,000.
(B) Outlays, $547,878,000,000.
(16) Administration of Justice (750):
Fiscal year 2025:
(A) New budget authority, $83,111,000,000.
(B) Outlays, $85,235,000,000.
Fiscal year 2026:
(A) New budget authority, $90,002,000,000.
(B) Outlays, $87,682,000,000.
Fiscal year 2027:
(A) New budget authority, $89,047,000,000.
(B) Outlays, $87,256,000,000.
Fiscal year 2028:
(A) New budget authority, $91,066,000,000.
(B) Outlays, $89,499,000,000.
Fiscal year 2029:
(A) New budget authority, $93,553,000,000.
(B) Outlays, $91,849,000,000.
Fiscal year 2030:
(A) New budget authority, $96,019,000,000.
(B) Outlays, $94,292,000,000.
Fiscal year 2031:
(A) New budget authority, $98,328,000,000.
(B) Outlays, $96,277,000,000.
Fiscal year 2032:
(A) New budget authority, $105,979,000,000.
(B) Outlays, $103,293,000,000.
Fiscal year 2033:
(A) New budget authority, $108,710,000,000.
(B) Outlays, $105,827,000,000.
Fiscal year 2034:
(A) New budget authority, $111,020,000,000.
(B) Outlays, $108,460,000,000.
(17) General Government (800):
Fiscal year 2025:
(A) New budget authority, $10,089,000,000.
(B) Outlays, $37,960,000,000.
Fiscal year 2026:
(A) New budget authority, $30,678,000,000.
(B) Outlays, $38,289,000,000.
Fiscal year 2027:
(A) New budget authority, $32,078,000,000.
(B) Outlays, $38,267,000,000.
Fiscal year 2028:
(A) New budget authority, $33,007,000,000.
(B) Outlays, $37,965,000,000.
Fiscal year 2029:
(A) New budget authority, $33,784,000,000.
(B) Outlays, $37,804,000,000.
Fiscal year 2030:
(A) New budget authority, $34,628,000,000.
(B) Outlays, $37,998,000,000.
Fiscal year 2031:
(A) New budget authority, $35,261,000,000.
(B) Outlays, $37,038,000,000.
Fiscal year 2032:
(A) New budget authority, $36,204,000,000.
(B) Outlays, $36,321,000,000.
Fiscal year 2033:
(A) New budget authority, $36,975,000,000.
(B) Outlays, $36,772,000,000.
Fiscal year 2034:
(A) New budget authority, $37,697,000,000.
(B) Outlays, $37,281,000,000.
(18) Net Interest (900):
Fiscal year 2025:
(A) New budget authority,
$1,027,694,000,000.
(B) Outlays, $1,027,694,000,000.
Fiscal year 2026:
(A) New budget authority,
$1,090,880,000,000.
(B) Outlays, $1,090,880,000,000.
Fiscal year 2027:
(A) New budget authority,
$1,160,719,000,000.
(B) Outlays, $1,160,719,000,000.
Fiscal year 2028:
(A) New budget authority,
$1,250,257,000,000.
(B) Outlays, $1,250,257,000,000.
Fiscal year 2029:
(A) New budget authority,
$1,328,362,000,000.
(B) Outlays, $1,328,362,000,000.
Fiscal year 2030:
(A) New budget authority,
$1,399,636,000,000.
(B) Outlays, $1,399,636,000,000.
Fiscal year 2031:
(A) New budget authority,
$1,475,634,000,000.
(B) Outlays, $1,475,634,000,000.
Fiscal year 2032:
(A) New budget authority,
$1,551,786,000,000.
(B) Outlays, $1,551,786,000,000.
Fiscal year 2033:
(A) New budget authority,
$1,619,496,000,000.
(B) Outlays, $1,619,496,000,000.
Fiscal year 2034:
(A) New budget authority,
$1,693,863,000,000.
(B) Outlays, $1,693,863,000,000.
(19) Allowances (920):
Fiscal year 2025:
(A) New budget authority, $0.
(B) Outlays, $0.
Fiscal year 2026:
(A) New budget authority, $0.
(B) Outlays, $0.
Fiscal year 2027:
(A) New budget authority, $0.
(B) Outlays, $0.
Fiscal year 2028:
(A) New budget authority, $0.
(B) Outlays, $0.
Fiscal year 2029:
(A) New budget authority, $0.
(B) Outlays, $0.
Fiscal year 2030:
(A) New budget authority, $0.
(B) Outlays, $0.
Fiscal year 2031:
(A) New budget authority, $0.
(B) Outlays, $0.
Fiscal year 2032:
(A) New budget authority, $0.
(B) Outlays, $0.
Fiscal year 2033:
(A) New budget authority, $0.
(B) Outlays, $0.
Fiscal year 2034:
(A) New budget authority, $0.
(B) Outlays, $0.
(20) Government-Wide Savings (930):
Fiscal year 2025:
(A) New budget authority, -
$120,000,000,000.
(B) Outlays, -$120,000,000,000.
Fiscal year 2026:
(A) New budget authority, -
$299,849,000,000.
(B) Outlays, -$179,763,000,000.
Fiscal year 2027:
(A) New budget authority, -
$375,694,000,000.
(B) Outlays, -$231,910,000,000.
Fiscal year 2028:
(A) New budget authority, -
$384,958,000,000.
(B) Outlays, -$263,939,000,000.
Fiscal year 2029:
(A) New budget authority, -
$393,736,000,000.
(B) Outlays, -$296,185,000,000.
Fiscal year 2030:
(A) New budget authority, -
$407,056,000,000.
(B) Outlays, -$330,476,000,000.
Fiscal year 2031:
(A) New budget authority, -
$419,698,000,000.
(B) Outlays, -$357,567,000,000.
Fiscal year 2032:
(A) New budget authority, -
$431,652,000,000.
(B) Outlays, -$381,290,000,000.
Fiscal year 2033:
(A) New budget authority, -
$445,094,000,000.
(B) Outlays, -$402,008,000,000.
Fiscal year 2034:
(A) New budget authority, -
$460,001,000,000.
(B) Outlays, -$420,590,000,000.
(21) Undistributed Offsetting Receipts (950):
Fiscal year 2025:
(A) New budget authority, -
$127,603,000,000.
(B) Outlays, -$127,603,000,000.
Fiscal year 2026:
(A) New budget authority, -
$135,110,000,000.
(B) Outlays, -$135,110,000,000.
Fiscal year 2027:
(A) New budget authority, -
$137,883,000,000.
(B) Outlays, -$137,883,000,000.
Fiscal year 2028:
(A) New budget authority, -
$141,145,000,000.
(B) Outlays, -$141,165,000,000.
Fiscal year 2029:
(A) New budget authority, -
$145,400,000,000.
(B) Outlays, -$145,407,000,000.
Fiscal year 2030:
(A) New budget authority, -
$149,582,000,000.
(B) Outlays, -$149,581,000,000.
Fiscal year 2031:
(A) New budget authority, -
$154,014,000,000.
(B) Outlays, -$154,013,000,000.
Fiscal year 2032:
(A) New budget authority, -
$160,114,000,000.
(B) Outlays, -$160,113,000,000.
Fiscal year 2033:
(A) New budget authority, -
$166,102,000,000.
(B) Outlays, -$166,101,000,000.
Fiscal year 2034:
(A) New budget authority, -
$171,015,000,000.
(B) Outlays,-$171,014,000,000.
(22) Across-the-Board Adjustment (990):
Fiscal year 2025:
(A) New budget authority, -$4,000,000.
(B) Outlays, $0.
Fiscal year 2026:
(A) New budget authority, -$4,000,000.
(B) Outlays, $0.
Fiscal year 2027:
(A) New budget authority, -$4,000,000.
(B) Outlays, $0.
Fiscal year 2028:
(A) New budget authority, -$4,000,000.
(B) Outlays, $0.
Fiscal year 2029:
(A) New budget authority, -$4,000,000.
(B) Outlays, $0.
Fiscal year 2030:
(A) New budget authority, -$4,000,000.
(B) Outlays, $0.
Fiscal year 2031:
(A) New budget authority, -$4,000,000.
(B) Outlays, $0.
Fiscal year 2032:
(A) New budget authority, -$4,000,000.
(B) Outlays, $0.
Fiscal year 2033:
(A) New budget authority, -$5,000,000.
(B) Outlays, $0.
Fiscal year 2034:
(A) New budget authority, -$5,000,000.
(B) Outlays, $0.
TITLE II--RECONCILIATION AND RELATED MATTERS
SEC. 2001. RECONCILIATION IN THE HOUSE OF REPRESENTATIVES.
(a) Submissions.--Not later than March 27, 2025, the committees
named in subsection (b) and subsection (c) shall submit their
recommendations on changes in laws within their jurisdictions to the
Committee on the Budget of the House of Representatives to carry out
this section.
(b) Instructions.--
(1) Committee on agriculture.--The Committee on Agriculture
shall submit changes in laws within its jurisdiction to reduce
the deficit by not less than $230,000,000,000 for the period of
fiscal years 2025 through 2034.
(2) Committee on armed services.--The Committee on Armed
Services shall submit changes in laws within its jurisdiction
that increase the deficit by not more than $100,000,000,000 for
the period of fiscal years 2025 through 2034.
(3) Committee on education and workforce.--The Committee on
Education and Workforce shall submit changes in laws within its
jurisdiction to reduce the deficit by not less than
$330,000,000,000 for the period of fiscal years 2025 through
2034.
(4) Committee on energy and commerce.--The Committee on
Energy and Commerce shall submit changes in laws within its
jurisdiction to reduce the deficit by not less than
$880,000,000,000 for the period of fiscal years 2025 through
2034.
(5) Committee on financial services.--The Committee on
Financial Services shall submit changes in laws within its
jurisdiction to reduce the deficit by not less than
$1,000,000,000 for the period of fiscal years 2025 through
2034.
(6) Committee on homeland security.--The Committee on
Homeland Security shall submit changes in laws within its
jurisdiction that increase the deficit by not more than
$90,000,000,000 for the period of fiscal years 2025 through
2034.
(7) Committee on the judiciary.--The Committee on the
Judiciary shall submit changes in laws within its jurisdiction
that increase the deficit by not more than $110,000,000,000 for
the period of fiscal years 2025 through 2034.
(8) Committee on natural resources.--The Committee on
Natural Resources shall submit changes in laws within its
jurisdiction to reduce the deficit by not less than
$1,000,000,000 for the period of fiscal years 2025 through
2034.
(9) Committee on oversight and government reform.--The
Committee on Oversight and Government Reform shall submit
changes in laws within its jurisdiction to reduce the deficit
by not less than $50,000,000,000 for the period of fiscal years
2025 through 2034.
(10) Committee on transportation and infrastructure.--The
Committee on Transportation and Infrastructure shall submit
changes in laws within its jurisdiction to reduce the deficit
by not less than $10,000,000,000 for the period of fiscal years
2025 through 2034.
(11) Committee on ways and means.--The Committee on Ways
and Means shall submit changes in laws within its jurisdiction
that increase the deficit by not more than $4,500,000,000,000
for the period of fiscal years 2025 through 2034.
(c) Increase in Statutory Debt Limit.--The Committee on Ways and
Means shall submit changes in laws within its jurisdiction that
increase the statutory debt limit by $4,000,000,000,000.
TITLE III--RESERVE FUND AND DEFICIT REDUCTION ADJUSTMENT
SEC. 3001. RESERVE FUND FOR RECONCILIATION LEGISLATION IN THE HOUSE OF
REPRESENTATIVES.
(a) In General.--In the House of Representatives, the chair of the
Committee on the Budget may revise the allocations of a committee or
committees, aggregates, and other appropriate levels in this resolution
for any bill or joint resolution considered pursuant to section 2001
containing the recommendations of one or more committees, or for one or
more amendments to, a conference report on, or an amendment between the
Houses in relation to such a bill or joint resolution, by the amounts
necessary to accommodate the budgetary effects of the legislation, if
the budgetary effects of the legislation comply with the reconciliation
instructions under this concurrent resolution.
(b) Determination of Compliance.--For purposes of this section,
compliance with the reconciliation instructions under this concurrent
resolution shall be determined by the chair of the Committee on the
Budget of the House of Representatives.
SEC. 3002. ADJUSTMENT FOR SPENDING CUTS OF AT LEAST $2 TRILLION.
(a) Adjustment if Deficit Reduction Target Not Achieved.--If one or
more committees of the House of Representatives submit reconciliation
recommendations pursuant to paragraphs (1), (3), (4), (5), (8), (9), or
(10) of section 2001(b) and such recommendations do not, in total,
achieve at least $2,000,000,000,000 in net deficit reduction over the
period of fiscal years 2025 through 2034, the chair of the Committee on
the Budget of the House shall reduce--
(1) the $4,500,000,000,000 reconciliation instruction for
the Committee on Ways and Means under section 2001(b)(11);
(2) the allocations to the Committee on Ways and Means
under section 302(a) of the Congressional Budget and
Impoundment Control Act of 1974 (2 U.S.C. 633(a));
(3) the aggregates of budget authority, outlays, and
revenues; and
(4) any other appropriate level in this concurrent
resolution,
by an amount equal to the difference between $2,000,000,000,000 and the
total dollar amount of such recommendations.
(b) Adjustment if Deficit Reduction Target Exceeded.--If one or
more committees of the House of Representatives submit reconciliation
recommendations pursuant to paragraphs (1), (3), (4), (5), (8), (9), or
(10) of section 2001(b) and such recommendations, in total, achieve at
least $2,000,000,000,000 in net deficit reduction over the period of
fiscal years 2025 through 2034, the chair of the Committee on the
Budget of the House shall increase the levels described in paragraphs
(1) through (4) of subsection (a) by an amount equal to the difference
between the total dollar amount of such recommendations and
$2,000,000,000,000.
(c) Certification Required for Adjustment.--No adjustment may be
made under subsection (a) or subsection (b) unless the chair of the
Committee on the Budget of the House, using cost estimates provided by
the Congressional Budget Office and the Joint Committee on Taxation (as
appropriate), certifies in writing that the applicable reconciliation
recommendations--
(1) with respect to subsection (a), do not achieve net
deficit reduction of at least $2,000,000,000,000 over the
period of fiscal years 2025 through 2034; or
(2) with respect to subsection (b), achieve net deficit
reduction of at least $2,000,000,000,000 over the period of
such fiscal years.
(d) Reconciliation Instruction for Ways and Means.--The dollar
amount resulting from any adjustment made under this section to the
reconciliation instruction for the Committee on Ways and Means under
paragraph (11) of section 2001(b) shall be substituted for
``$4,500,000,000,000'' in such section and shall be deemed the
reconciliation instructions for such Committee under such section. Any
recommendations on changes in law within the jurisdiction of the
Committee shall be consistent with the goals of this concurrent
resolution, including with respect to spending reduction, tax policy
changes, reforms, or other measures deemed appropriate by the chair of
the Committee on the Budget of the House.
(e) Consistency With the Resolution.--Any reconciliation
recommendations receiving an allocation adjustment under this section
shall not be considered in violation of the budgetary levels
established by this concurrent resolution.
TITLE IV--POLICY STATEMENTS
SEC. 4001. POLICY STATEMENT ON ECONOMIC GROWTH.
(a) Findings.--The House finds the following:
(1) The rate of economic growth has a significant impact on
budget deficits. When the rate of gross domestic product (GDP)
increases, projected revenue grows with it and deficits
decline. Conversely, slower GDP growth can lead to lagging
revenues and mounting deficits.
(2) Federal policies affect the economy's potential to grow
and impact economic performance, influencing budgetary
outcomes. Consequently, fiscally responsible policies that
improve the economy's long-term growth prospects help reduce
the size of budget deficits over a given period.
(3) The free market, where individuals pursue their own
self-interests, has been responsible for greater advancements
in quality of life and generation of wealth than any other form
of economic system. Federal policies designed to grow the
economy should thus allow market forces to operate unhindered
rather than pick ``winners'' and ``losers''.
(b) Policy on Economic Growth.--It is the policy of this concurrent
resolution to pursue policies that embrace the free market and promote
economic growth policies that--
(1) reduce Federal spending;
(2) expand American energy production;
(3) lower taxes that discourage work, savings, and
investment;
(4) deregulate the economy and enact reforms to diminish
bureaucratic red tape; and
(5) eliminate barriers to work so more Americans enter (or
reenter) the job market.
SEC. 4002. POLICY STATEMENT ON MANDATORY SPENDING REDUCTION.
(a) Findings.--The House finds the following:
(1) The United States faces a significant debt crisis, with
the national debt currently exceeding $36 trillion, or 123
percent of GDP.
(2) Since 2019, mandatory spending has increased by 59
percent.
(3) This debt poses a significant risk to the country's
long-term fiscal sustainability, with implications for future
generations.
(4) Mandatory spending currently accounts for over 70
percent of the entire Federal budget.
(5) The deficit for fiscal year 2025 is projected to be
$1.9 trillion, or 6.2 percent of GDP.
(6) This fiscal year, net interest will total $952 billion,
or 3.2 percent of GDP.
(b) Policy on Mandatory Spending Reduction.--It is the goal of this
concurrent resolution to reduce mandatory spending by $2 trillion over
the budget window. If the combined deficit reduction provided by
authorizing committees is below this target, it is the policy of the
Committee on the Budget of the House that the instruction provided to
the Committee on Ways and Means of the House should be reduced by a
commensurate amount to offset the difference.
SEC. 4003. POLICY STATEMENT ON GOVERNMENT DEREGULATION.
(a) Findings.--The House finds the following:
(1) Regulations throughout the Federal Government have been
a major issue for decades, continuously growing while
negatively impacting the nation's economic and fiscal standing.
(2) Overregulation has consistently hurt small businesses,
strangled domestic energy production, weakened labor market
conditions, and expanded government overreach and costs on
taxpayers.
(3) Real (inflation-adjusted) spending on regulatory
agencies has increased exponentially since 1960. The total
number of pages in the Code of Federal Regulations (CFR) has
increased from 22,877 pages in 1960 to nearly 200,000 today.
When compared to 1950, the CFR contained only 9,745 pages in
1950, making the size of the CFR today 95% larger than it was
in 1950.
(b) Policy Statement on Government Deregulation.--It is the policy
of this concurrent resolution--
(1) that Congress continues to examine ways to relieve the
burdens of overregulation throughout the Federal Government;
(2) that Congress is ready to promote initiatives that will
reduce government bureaucracy, enhance Federalism, and increase
economic prosperity through deregulation;
(3) to not only reduce burdensome, costly regulations, but
to also reassert the role of Congress; and
(4) to enact legislation through reconciliation that
strengthens Congress, scales back Federal regulations, limits
future bureaucratic red tape, and unleashes economic growth,
such as the Regulations from the Executive in Need of Scrutiny
(REINS) Act.
TITLE V--OTHER MATTERS
SEC. 5001. ENFORCEMENT FILING IN THE HOUSE OF REPRESENTATIVES.
In the House of Representatives, if a concurrent resolution on the
budget for fiscal year 2025 is adopted without the appointment of a
committee of conference on the disagreeing votes of the two Houses with
respect to this concurrent resolution on the budget, for the purpose of
enforcing the Congressional Budget Act of 1974 (2 U.S.C. 621 et seq.)
and applicable rules and requirements set forth in the concurrent
resolution on the budget, the allocations provided for in this section
shall apply in the House of Representatives in the same manner as if
such allocations were in a joint explanatory statement accompanying a
conference report on the budget for fiscal year 2025. The chair of the
Committee on the Budget of the House of Representatives shall submit a
statement for publication in the Congressional Record containing--
(1) for the Committee on Appropriations, committee
allocations for fiscal year 2025 consistent with title I for
the purpose of enforcing section 302 of the Congressional
Budget Act of 1974 (2 U.S.C. 633); and
(2) for all committees other than the Committee on
Appropriations, committee allocations consistent with title I
for fiscal year 2025 and for the period of fiscal years 2025
through 2034 for the purpose of enforcing section 302 of the
Congressional Budget Act of 1974 (2 U.S.C. 633).
SEC. 5002. BUDGETARY TREATMENT OF ADMINISTRATIVE EXPENSES IN THE HOUSE
OF REPRESENTATIVES.
(a) In General.--In the House of Representatives, notwithstanding
section 302(a)(1) of the Congressional Budget Act of 1974 (2 U.S.C.
633(a)(1)), section 13301 of the Budget Enforcement Act of 1990 (2
U.S.C. 632 note), and section 2009a of title 39, United States Code,
the report or the joint explanatory statement accompanying this
concurrent resolution on the budget or the statement filed pursuant to
section 5001, as applicable, shall include in an allocation under
section 302(a) of the Congressional Budget Act of 1974 (2 U.S.C.
633(a)) to the Committee on Appropriations of the House of
Representatives amounts for the discretionary administrative expenses
of the Social Security Administration and the United States Postal
Service.
(b) Special Rule.--In the House of Representatives, for purposes of
enforcing section 302(f) of the Congressional Budget Act of 1974 (2
U.S.C. 633(f)), estimates of the level of total new budget authority
and total outlays provided by a measure shall include any discretionary
amounts described in subsection (a).
SEC. 5003. APPLICATION AND EFFECT OF CHANGES IN ALLOCATIONS,
AGGREGATES, AND OTHER BUDGETARY LEVELS.
(a) Application.--Any adjustments of allocations, aggregates, and
other budgetary levels made pursuant to this concurrent resolution
shall--
(1) apply while that measure is under consideration;
(2) take effect upon the enactment of that measure; and
(3) be published in the Congressional Record as soon as
practicable.
(b) Effect of Changed Allocations, Aggregates, and Other Budgetary
Levels.--Revised allocations, aggregates, and other budgetary levels
resulting from these adjustments shall be considered for the purposes
of the Congressional Budget Act of 1974 (2 U.S.C. 621 et seq.) as the
allocations, aggregates, and other budgetary levels contained in this
concurrent resolution.
(c) Budget Committee Determinations.--For purposes of this
concurrent resolution, the levels of new budget authority, outlays,
direct spending, new entitlement authority, revenues, deficits, and
surpluses for a fiscal year or period of fiscal years shall be
determined on the basis of estimates made by the chair of the Committee
on the Budget of the applicable House of Congress.
(d) Aggregates, Allocations and Application.--In the House of
Representatives, for purposes of this concurrent resolution and budget
enforcement, the consideration of any bill or joint resolution, or
amendment thereto or conference report thereon, for which the chair of
the Committee on the Budget makes adjustments or revisions in the
allocations, aggregates, and other budgetary levels of this concurrent
resolution shall not be subject to the point of order set forth in
clause 10 of rule XXI of the Rules of the House of Representatives.
SEC. 5004. ADJUSTMENTS TO REFLECT CHANGES IN CONCEPTS AND DEFINITIONS
IN THE HOUSE OF REPRESENTATIVES.
In the House of Representatives, the chair of the Committee on the
Budget may adjust the appropriate aggregates, allocations, and other
budgetary levels in this concurrent resolution for any change in
budgetary concepts and definitions consistent with section 251(b)(1) of
the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C.
901(b)(1)).
SEC. 5005. ADJUSTMENT FOR CHANGES IN THE BASELINE.
In the House of Representatives, the chair of the Committee on the
Budget may adjust the allocations, aggregates, and other appropriate
budgetary levels in this concurrent resolution to reflect changes
resulting from the Congressional Budget Office's updates to its
baseline for fiscal years 2025 through 2034.
SEC. 5006. EXERCISE OF RULEMAKING POWERS.
Congress adopts the provisions of this title--
(1) as an exercise of the rulemaking power of the Senate
and the House of Representatives, respectively, and as such
they shall be considered as part of the rules of each House or
of that House to which they specifically apply, and such rules
shall supersede other rules only to the extent that they are
inconsistent with such other rules; and
(2) with full recognition of the constitutional right of
either the Senate or the House of Representatives to change
those rules (insofar as they relate to that House) at any time,
in the same manner, and to the same extent as is the case of
any other rule of the Senate or House of Representatives.
Passed the House of Representatives February 25, 2025.
Attest:
KEVIN F. MCCUMBER,
Clerk.
Calendar No. 38
119th CONGRESS
1st Session
H. CON. RES. 14
_______________________________________________________________________
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.
_______________________________________________________________________
April 2, 2025
Received and placed on the calendar