A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2026 and setting forth the appropriate budgetary levels for fiscal years 2027 through 2035.
Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 36 - 62. Record Vo
Introduced:Sep 16, 2025
Primary Sponsor
Rand Paul
R - KY
Cosponsors
0
Quick Stats
Policy Area
Economics and Public Finance
Summary
Senator Rand Paul's budget resolution sets federal spending and revenue levels for fiscal year 2026 through 2035 with the goal of achieving budget surpluses starting in 2030. The resolution proposes reducing deficits from $1.5 trillion in 2026 to achieving over $500 billion in annual surpluses by 2035, while maintaining current tax revenue levels and gradually reducing public debt.
Latest Action
Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 36 - 62. Record Vote Number: 521. (CR S6635-6637)
AI Summary
Plain-English explanation of this bill
Senator Rand Paul's budget resolution sets federal spending and revenue levels for fiscal year 2026 through 2035 with the goal of achieving budget surpluses starting in 2030. The resolution proposes reducing deficits from $1.5 trillion in 2026 to achieving over $500 billion in annual surpluses by 2035, while maintaining current tax revenue levels and gradually reducing public debt.
Last updated: 12/29/2025
Official Summary
Congressional Research Service summary
<p>This concurrent resolution establishes the congressional budget for the federal government for FY2026 and sets forth budgetary levels for FY2027-FY2035.</p><p>The resolution recommends levels and amounts for FY2026-FY2035 for</p><ul><li>federal revenues,</li><li>new budget authority,</li><li>budget outlays,</li><li>deficits,</li><li>public debt,</li><li>debt held by the public, and</li><li>the major functional categories of spending.</li></ul><p>It also recommends levels and amounts for Social Security and Postal Service discretionary administrative expenses for the purpose of budget enforcement in the Senate.</p><p>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.</p><p>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.</p>
Key Points
Main provisions of the bill
Projects deficit reduction from $1.53 trillion in FY2026 to budget surpluses of $313+ billion starting FY2030
Sets budget authority declining from $5.38 trillion in 2026 to $4.25 trillion in 2030 before gradual increases
Maintains federal revenues starting at $3.76 trillion in 2026, growing to $5.6 trillion by 2035
Targets public debt held by public stabilizing around $35 trillion instead of continued growth
Creates reserve funds for deficit reduction through efficiencies and health savings account expansion
How This Impacts Americans
Potential effects on citizens and communities
All federal agencies and programs would face significant spending constraints to meet the aggressive deficit reduction targets. Taxpayers would not see tax increases under this plan. Future generations would benefit from reduced debt burden. Federal employees and contractors may face workforce reductions. Recipients of federal benefits could see program changes as spending is constrained below current projections.
Policy Areas
Primary Policy Area
Economics and Public Finance
Related Subjects
Budget deficits and national debt
Budget process
Disability assistance
Government information and archives
Government trust funds
House of Representatives
Legislative rules and procedure
Postal service
Senate
Social security and elderly assistance
+1 more
Scope & Jurisdiction
Jurisdiction Level
federal
Congressional Session
119th Congress
Citation Reference
22, 119th Congress (2025). "A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2026 and setting forth the appropriate budgetary levels for fiscal years 2027 through 2035.". Source: Voter's Right Platform. https://votersright.org/bills/119-sconres-22