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.

Key Points

• This plan acts as a financial blueprint for the federal government for the next ten years. It sets a goal to stop the government from overspending and move from a $1.5 trillion deficit in 2026 to a budget surplus of over $313 billion by the year 2030.
• To reach these goals, the proposal calls for massive savings by finding efficiencies and combining government programs. These cuts would start at about $500 billion in 2026 and grow to over $3 trillion per year by 2035.
• The resolution changes how the Senate handles money by making it much harder to pass emergency spending. It would require two-thirds of Senators to agree before the government can spend extra money on unplanned events, like natural disasters or economic crises.
• It requires government watchdogs to check every new bill for duplication. This means if a new law tries to create a program that already exists elsewhere in the government, officials must point it out to prevent wasting taxpayer money on the same task twice.
• While many areas face cuts, the plan still sets aside significant funding for major needs. For 2026, it suggests spending about $913 billion on national defense and roughly $1 trillion each for Medicare and other health services.