Legislative Activity

This joint resolution terminates the national emergency concerning energy declared by the President in January 2025. The resolution nullifies Executive Order 14156, effectively ending the emergency powers invoked under the National Emergencies Act.

This concurrent resolution sets the federal budget for fiscal year 2025 and outlines budgetary levels through 2034, covering federal revenues, spending, and debt. It directs specific congressional committees to propose legislation that impacts the federal deficit, with targeted reductions and allowances for increases. The resolution establishes reserve funds to facilitate budgetary adjustments for priority legislation, such as measures related to Medicare, Medicaid, and deregulation. Additionally, it details enforcement procedures and the treatment of administrative expenses, granting authority to Budget Committee chairs to make necessary adjustments based on changing conditions.