The FY2026 Senate budget resolution, submitted by Budget Committee Chairman Lindsey Graham, sets Congress's official spending and revenue targets for the next decade. It projects federal revenues of 4.2 trillion dollars in FY2026 rising to 6.1 trillion by 2035, with outlays running roughly a trillion dollars higher each year — yielding annual deficits between 600 billion and 1.3 trillion dollars and pushing the public debt from 39 trillion dollars to nearly 50 trillion over ten years. On the defense side, new budget authority would climb to about 1.2 trillion dollars annually starting in FY2027, while Natural Resources and Environment would see new budget authority cut roughly 30 percent (from 66 billion to 45 billion), Energy programs cut roughly in half (from 21 billion to 11 billion), and Community and Regional Development cut by more than half. The resolution also issues reconciliation instructions — the fast-track legislative path that bypasses the Senate filibuster — to the Homeland Security and Judiciary committees in each chamber, each allowed to report bills that increase the deficit by up to 70 billion dollars over ten years, plus a separate deficit-neutral reserve fund for immigration-enforcement "reforms undertaken by the President following Operation Metro Surge." Budget resolutions like this one do not themselves appropriate money, but they establish the numerical framework that binding appropriations and reconciliation bills are supposed to fit within.
- The resolution’s multi-year targets cut new budget authority for Natural Resources and Environment by roughly 30 percent and halve the Energy function starting in FY2027, constraining future appropriations for environmental protection, public-lands management, and clean-energy programs.
Congressional Summary
This concurrent resolution establishes the congressional budget for the federal government for FY2026, sets forth budgetary levels for FY2027-FY2035, and provides reconciliation instructions for legislation that increases the deficit. The resolution recommends levels and amounts for FY2026-FY2035 forfederal revenues,new budget authority,budget outlays,deficits,public debt,debt held by the public, andthe major functional categories of spending.It also recommends levels and amounts for Social Security and Postal Service discretionary administrative expenses for the purpose of budget enforcement in the Senate.The resolution includes reconciliation instructions that direct the House Homeland Security Committee, the House Judiciary Committee, the Senate Homeland Security and Governmental Affairs Committee, and the Senate Judiciary Committee to submit recommendations for legislation that will increase the deficit over FY2026-FY2035 by not more than $70 billion. Each committee must submit the recommendations to the House or Senate Budget Committee by May 15, 2026. (Under current law, reconciliation bills are considered by Congress using expedited legislative procedures that prevent a filibuster and restrict amendments in the Senate.)In addition, the resolution establishes reserve funds that allow certain adjustments to committee allocations and other budgetary levels to accommodate (1) reconciliation legislation, and (2) legislation that would not increase the deficit over FY2026-FY2035 and supports changes to immigration enforcement and border security policy undertaken by the President.Finally, the resolution sets forth budget enforcement procedures that address issues such as budget points of order in the Senate and emergency spending requirements in the House.
Details
- Congress
- 119th
- Chamber
- Senate
- Status
- summarized
- Action
- Introduced in Senate
- Action Date
- 2026-04-21
- Date Added
- 2026-04-23
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