SCONRES 38
Advanced toward a vote
Sets the Senate and House budget targets for fiscal year 2027 and the outlook through 2036, including federal revenue, spending, and deficit levels, and instructs House and Senate committees to propose spending changes that add no more than set amounts to the deficit.
Official title: A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2027 and setting forth the appropriate budgetary levels for fiscal years 2028 through 2036.
Timeline each lane is a chamber; dates pull from congress.gov actions
Senate
Referred
07-AUG-2026
On the calendar
07-AUG-2026
- Sets total federal revenues at about $4.48 trillion for fiscal year 2027, rising to about $6.34 trillion by fiscal year 2036, and total outlays at about $6.08 trillion for fiscal year 2027.
- Projects deficits of about $1.60 trillion for fiscal year 2027 and public debt reaching about $58.76 trillion by fiscal year 2036.
- Instructs House and Senate committees, by September 11, 2026, to recommend reconciliation changes that increase the deficit by capped amounts over fiscal years 2027 through 2036.
- Sets Social Security trust fund revenue and outlay levels and discretionary administrative expenses for the Social Security Administration and Postal Service, and creates reserve fund rules for reconciliation bills.
Current. The Congressional Research Service's summary covers the bill's latest wording (Introduced in Senate, 07-AUG-2026).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov- Budget Committee (Senate)
Economics and Public Finance
No cosponsors.