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.
What this bill does
AI plain-language summaryThis resolution sets up the federal government's budget plan for 2025 and outlines spending and revenue levels through 2034. It tells 11 House committees to write new laws that would change the deficit and raise the government's borrowing limit, with a deadline of March 27, 2025. The resolution also includes a rule saying that if certain committees don't find at least $2 trillion in deficit reduction, then the amount of deficit increase allowed for the House Ways and Means Committee (up to $4.5 trillion) must be lowered. It also sets rules for how the budget handles things like administrative costs for the Social Security Administration and the U.S. Postal Service.
Introduced
February 18, 2025
Policy Area
Economics and Public Finance
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Apr 10, 2025Discussion (0)
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