Proposed Federal Budget for 2026–2035

Original title: 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.

Last action · September 16, 2025: Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 36 - 62. Record Vote Number: 521. (CR S6635-6637)Sponsor: Rand Paul

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Introduced

Committee

Floor Vote

Passed

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What This Bill Would Do

This resolution outlines the proposed federal budget for fiscal year 2026 and sets financial targets for the following nine years. It establishes specific spending, revenue, and debt levels for government functions, including national defense and international affairs.

Why it matters

This resolution sets the framework for all federal spending and revenue collection through 2035, directly influencing the national debt, government service funding, and the overall fiscal path of the United States.

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Federal Agencies

Agencies are subject to the new budget authority limits and enforcement mechanisms defined in the resolution.

Directly affected

Taxpayers

Taxpayers are affected by the overall federal revenue targets and the fiscal path set for the national debt.

Key Facts

The resolution sets federal revenue targets starting at $3.75 trillion in 2026, rising to $5.6 trillion by 2035.
Total new budget authority is proposed at $5.38 trillion for 2026, decreasing to $5.19 trillion by 2035.
The projected federal deficit is set at $1.53 trillion for 2026, with the resolution aiming for a surplus by 2030.
Public debt is projected to reach $39.02 trillion in 2026, peaking near $41.4 trillion in 2029 before declining to $40.15 trillion by 2035.

Show all 10 facts

National Defense spending authority is set to increase from $913.26 billion in 2026 to $1.12 trillion by 2035.
International Affairs spending authority is set at $64.27 billion for 2026.
The bill establishes a 'Deficit reduction fund' for efficiencies and consolidations.
The bill creates a reserve fund specifically for health savings accounts.
New rules are introduced for points of order, emergency legislation, and duplication checks by the Congressional Budget Office.
The resolution prohibits preemptive waivers for budget enforcement.

Frequently Asked Questions

Does this bill change my taxes?

The resolution sets aggregate revenue levels but does not explicitly detail changes to individual tax rates or codes.

What is the goal of this budget?

The resolution aims to set budgetary levels for federal revenue, spending, and debt, with a stated goal of moving from a deficit to a surplus by 2030.

What else do you want to know?

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Where This Stands

Currently on floor. The next step in the legislative lifecycle is Passed.

Procedural history

5 actions

Sep 16, 2025Senate
Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 36 - 62. Record Vote Number: 521. (CR S6635-6637)
Sep 15, 2025Senate
Placed on Senate Legislative Calendar under General Orders. Calendar No. 159.
Sep 15, 2025Senate
Senate Committee on the Budget discharged pursuant to Section 300 of the Congressional Budget Act.
Sep 15, 2025SenateCommittee
Referred to the Committee on the Budget. (text: CR S6602)
Sep 15, 2025SenateIntroduced
Introduced in Senate

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

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