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Congress·In Progress·6 months ago

Senate Proposal Targets Federal Deficit with Plan to Reach Budget Surplus by 2030

Impact Analysis

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

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.
Economy FinanceHealthcareNational Security Foreign Policy

Milestones

3 milestones5 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, 2025Senate

Referred to the Committee on the Budget. (text: CR S6602)

Sep 15, 2025

Introduced in Senate

Vote Results

1 vote
SenateFailedProceduralSep 16, 2025

On the Motion to Proceed

36
62
Democrat
0 – 45
Republican
36 – 15 · 2
Independent
0 – 2
View full roll call

Related News

2 articles
Bloomberg·5 months ago

Senator 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.

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The Hill·6 months ago

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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Source Information

Document Type

Congressional Bill

Official 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.

Bill NumberSCONRES 22
Congress119th Congress
ChamberSenate
Latest ActionMotion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 36 - 62. Record Vote Number: 521. (CR S6635-6637)

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