This concurrent resolution sets the congressional budget for fiscal year 2026 and establishes spending and revenue levels for fiscal years 2027 through 2035, while tightening Senate budget enforcement procedures.
Rand Paul
Senator
KY
This concurrent resolution establishes the proposed federal budget framework for fiscal year 2026 and sets spending levels through 2035, projecting an initial reduction in the federal deficit. It outlines specific spending targets across government functions and mandates strict procedural rules within the Senate to enforce these budgetary limits. The resolution also grants the Senate Budget Committee Chairman authority to adjust figures related to savings or Health Savings Account legislation.
This Concurrent Resolution isn't a law that spends money; it’s the federal government’s decade-long financial roadmap. It sets the official budget targets for Fiscal Year 2026 and projects spending and revenue goals all the way through 2035. Think of it as Congress drawing the lines on the field before the game starts. The big takeaway is that it locks in specific numbers for everything—from defense spending to Medicare outlays—and then installs some serious procedural roadblocks to make sure those numbers aren't easily broken.
This resolution lays out the exact dollar amounts the government is aiming for, which is critical for anyone paying attention to the national debt. For instance, in 2026, the projected deficit is a massive $1.53 trillion, but the plan forecasts that gap shrinking significantly to around $215 billion by 2029 (SEC. 1101). While the total public debt is projected to top out around $41.2 trillion in 2030, the most interesting numbers are the spending ceilings for functional categories. For example, Medicare (570) spending is projected to jump from $1.007 trillion in 2026 to $1.646 trillion by 2035, reflecting the growing cost of healthcare for seniors. Similarly, funding for Veterans Benefits and Services (700) is slated to increase from $382 billion to over $572 billion in the same timeframe, which is a significant commitment to those programs (SEC. 1102).
For the average person, the most impactful part of this resolution isn't the dollar amounts, but the procedural rules. This bill significantly raises the bar for bypassing budget limits. If a Senator tries to introduce a bill that busts the spending caps, or if someone wants to waive a budget enforcement rule (a “point of order”), they now need a two-thirds supermajority of all Senators present and sworn in to do it (SEC. 3003). That’s a huge hurdle. Imagine trying to get a major new infrastructure project funded, only to have it blocked because it slightly exceeds a cap set a decade ago, and now you need 67 senators to agree to even consider it. This rule makes it much harder for Congress to react flexibly to changing needs.
Speaking of flexibility, the resolution also tightens the definition of an “emergency requirement,” which is how Congress usually funds unexpected events like natural disasters or sudden crises without counting them against budget caps. Under this new framework, designating spending as an emergency also requires a two-thirds vote to bypass procedural objections (SEC. 3002). This means that during a sudden, unforeseen crisis—like a pandemic or a major environmental disaster—securing fast, uncapped relief funding could be slowed down significantly by procedural wrangling, potentially impacting how quickly federal aid reaches communities and businesses in need.
On the transparency front, there's a practical win for reducing waste. This resolution mandates that the Government Accountability Office (GAO) and the Congressional Budget Office (CBO) work together to flag duplication. When a committee reports a bill, the CBO must now include a warning if the bill creates a new program that duplicates an existing one the GAO has already flagged as wasteful (SEC. 3005). This gives legislators a clear, official heads-up about potential government overlap before they vote. Furthermore, CBO cost estimates must now break down spending by functional category, making it clearer exactly which part of the government (Defense, Education, Health, etc.) is soaking up the funds in any given bill (SEC. 3006). This is a small but important step toward making the cost of legislation more transparent to the public.