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. | ChamberLight
Bills · HCONRES 14
RESOLVING DIFFERENCES· 119TH CONGRESS
House Concurrent Res.HCONRES 14House of RepresentativesBudget process
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.
INTRO FEB 18· LAST ACTION MAY 20
READING
41MIN
COSPONSORS
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READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
Not a law
LEGISLATIVE PROGRESS
STEP 6 / 8
Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-written
This bill matters because it lays out the financial priorities and overall fiscal direction Congress intends to take for the next decade. While it doesn't immediately change laws or allocate money, it acts as a critical roadmap for future legislation. If this budget is enacted, it would guide committees in writing bills that could cut taxes by $150 billion annually and reduce spending by over $2 trillion in total, potentially impacting everything from defense spending to social programs.
Voters should care because this resolution influences the size of their tax bills, the availability and funding of public services, the national debt, and the overall economic landscape. If these proposed cuts and tax changes become law, they could significantly alter how the government operates and how much it collects from citizens, contrasting sharply with a scenario where different budgetary levels or policies are pursued.
KEY PROVISIONS
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PROVISION 01
Sets recommended overall federal revenue levels, with an annual reduction of $150 billion for each fiscal year from 2025 through 2034.
This provision signals an intent to decrease taxes or other government income, which could have significant impacts on individuals and businesses.
PROVISION 02
Establishes appropriate levels for total new budget authority and total budget outlays for fiscal years 2025 through 2034.
These targets define the upper limits for government spending, guiding future appropriations and potential program cuts.
PROVISION 03
Includes instructions for 'reconciliation' in both the House and Senate to facilitate the passage of legislation conforming to these budget levels.
Reconciliation is a powerful tool that allows budget-related legislation to pass with a simple majority in the Senate, bypassing the filibuster and making it easier to enact significant changes.
PROVISION 04
Creates a 'Spending reduction reserve fund' with the goal of saving more than $2 trillion over the budget window.
This provision sets an explicit and significant goal for reducing government spending, indicating areas where future cuts are intended.
PROVISION 05
Determines appropriate budget levels for major functional categories like National Defense and International Affairs for fiscal years 2025 through 2034.
This allocates specific spending priorities and limits across different sectors of government operations, influencing funding for various agencies and programs.
Star Print ordered on the reported concurrent resolution.
FLOOR
APR 10
Pursuant to clause 1(c) of rule XIX, the House resumed consideration of H. Con. Res. 14. (consideration: CR H1579-1580)
FLOOR
APR 10
Resolving differences -- House actions: On motion that the House agree to the Senate amendment Agreed to by the Yeas and Nays: 216 - 214 (Roll no. 100).
NOTUSED
APR 10
On motion that the House agree to the Senate amendment Agreed to by the Yeas and Nays: 216 - 214 (Roll no. 100). (text: 4/9/2025 CR H1533-1540)
RESOLVING DIFFERENCES· 119TH CONGRESS · BUDGET COMMITTEE · INTRODUCED FEB 18, 2025
House Concurrent Res.HCONRES 14House of RepresentativesBudget process
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.
This bill matters because it lays out the financial priorities and overall fiscal direction Congress intends to take for the next decade. While it doesn't immediately change laws or allocate money, it acts as a critical roadmap for future legislation. If this budget is enacted, it would guide committees in writing bills that could cut taxes by $150 billion annually and reduce spending by over $2 trillion in total, potentially impacting everything from defense spending to social programs.
Voters should care because this resolution influences the size of their tax bills, the availability and funding of public services, the national debt, and the overall economic landscape. If these proposed cuts and tax changes become law, they could significantly alter how the government operates and how much it collects from citizens, contrasting sharply with a scenario where different budgetary levels or policies are pursued.
KEY PROVISIONS
AI-extracted
high
Sets recommended overall federal revenue levels, with an annual reduction of $150 billion for each fiscal year from 2025 through 2034.
This provision signals an intent to decrease taxes or other government income, which could have significant impacts on individuals and businesses.
high
Establishes appropriate levels for total new budget authority and total budget outlays for fiscal years 2025 through 2034.
These targets define the upper limits for government spending, guiding future appropriations and potential program cuts.
high
Includes instructions for 'reconciliation' in both the House and Senate to facilitate the passage of legislation conforming to these budget levels.
Reconciliation is a powerful tool that allows budget-related legislation to pass with a simple majority in the Senate, bypassing the filibuster and making it easier to enact significant changes.
med
Creates a 'Spending reduction reserve fund' with the goal of saving more than $2 trillion over the budget window.
This provision sets an explicit and significant goal for reducing government spending, indicating areas where future cuts are intended.
med
Determines appropriate budget levels for major functional categories like National Defense and International Affairs for fiscal years 2025 through 2034.
This allocates specific spending priorities and limits across different sectors of government operations, influencing funding for various agencies and programs.
A type of legislative measure adopted by both the House and Senate, but it does not become law. Budget resolutions are concurrent resolutions that set spending and revenue targets.
Fiscal Year
The financial year for the U.S. government, which runs from October 1st to September 30th of the following calendar year. Fiscal year 2025, for example, starts October 1, 2024.
Budget Authority
The legal power given by Congress to federal agencies to spend or obligate U.S. government funds. This resolution sets recommended levels for this authority, not final amounts.
Outlays
The actual spending of money by the government. This happens when checks are written or payments are made from funds that were previously authorized.
Deficit
The amount by which government spending exceeds government revenue in a single fiscal year. When the government spends more than it takes in, it creates a deficit.
Public Debt
The total amount of money the U.S. government owes to its creditors, accumulated from past deficits. This includes debt held by the public and by government accounts like Social Security trust funds.
Reconciliation
ACTION TIMELINE
34 EVENTS
MAY 20, 25
Star Print ordered on the reported concurrent resolution.
FLOOR
APR 10, 25
Pursuant to clause 1(c) of rule XIX, the House resumed consideration of H. Con. Res. 14. (consideration: CR H1579-1580)
FLOOR
APR 10, 25
Resolving differences -- House actions: On motion that the House agree to the Senate amendment Agreed to by the Yeas and Nays: 216 - 214 (Roll no. 100).
NOTUSED
APR 10, 25
On motion that the House agree to the Senate amendment Agreed to by the Yeas and Nays: 216 - 214 (Roll no. 100). (text: 4/9/2025 CR H1533-1540)
A special legislative process that allows certain budget-related bills to pass the Senate with a simple majority vote, rather than the 60 votes usually required to overcome a filibuster.
Reserve Fund
A special budgetary account set aside for specific purposes, allowing Congress to adjust spending limits if certain conditions (like new legislation that meets the fund's goals) are met.
