Senate Proposal Targets Federal Deficit with Plan to Reach Budget Surplus by 2030
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.
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No legislative action in over 90 days.
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2 articlesSenator Rand Paul Has 'Six Penny Plan' to Balance Budget
In an interview on 'Balance of Power,' Sen. Rand Paul discusses his 'Six Penny Plan,' a budget resolution designed to balance the federal budget in five years by cutting six cents from every dollar of projected spending, aiming to address the $2.1 trillion deficit and rising national debt.
Dr. Rand Paul Introduces Six Penny Plan to Balance the Federal Budget in Five Years
Sen. Rand Paul introduced a 10-year budget resolution (S.Con.Res.22) that calls for reducing projected spending by 6% annually to achieve a surplus by 2030. The plan includes significant enforcement measures, such as a two-thirds majority requirement for the Senate to approve emergency spending.
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