Budget Resolution for Fiscal Year 2027

Full Title:
Establishing 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.

Summary#

This concurrent resolution sets the congressional budget for fiscal year 2027 and gives budgetary levels for fiscal years 2028 through 2036. It lists targets for federal revenues, new budget authority, total outlays, on-budget deficits, and measures of the national debt for each year. The text also sets recommended amounts by major function (for example, defense, health, Medicare, transportation, and net interest). It includes instructions and limits for reconciliation, a reserve fund for House reconciliation legislation, and rules for adjustments such as emergency designations, disaster relief, wildfire suppression, and certain program-specific changes.

What it means for you#

The resolution provides the numeric budget targets and rules that Congress will use when writing spending and revenue measures. It guides committee allocations and how Congress enforces budget points of order and reconciliation instructions. The document itself does not describe specific changes to programs or taxes; it gives the framework Congress will use when considering future appropriations and budget-related legislation.

Expenses#

The resolution lists many specific dollar amounts for fiscal year 2027. Key totals for 2027 include:

  • Federal revenues: $4,481,487,000,000
  • Total new budget authority: $5,970,796,000,000
  • Total budget outlays: $6,083,143,000,000
  • On-budget deficit: $1,601,656,000,000
  • Debt subject to limit: $41,359,068,000,000
  • Debt held by the public: $33,935,518,000,000 The resolution also gives 2027 new budget authority and outlay amounts by major function. Examples for 2027 include: National Defense new budget authority $955,085,000,000; Health new budget authority $1,012,489,000,000; Medicare new budget authority $1,149,338,000,000; Net Interest new budget authority $1,146,866,000,000. Further year-by-year amounts for 2028–2036 are listed in the resolution.

Proponents' View#

No publicly available information.

Opponents' View#

No publicly available information.