H. Con. Res. 14 
Agreed to April 10, 2025
One Hundred Nineteenth Congress 
of the 
United States of America 
AT THE FIRST SESSION 
Begun and held at the City of Washington on Friday, 
the third day of January, two thousand and twenty-five 
Concurrent Resolution 
Resolved by the House of Representatives (the Senate concur-
ring), 
SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL 
YEAR 2025. 
(a) DECLARATION.—Congress declares that this resolution is 
the concurrent resolution on the budget for fiscal year 2025 and 
that this resolution sets forth the appropriate budgetary levels 
for fiscal years 2026 through 2034. 
(b) TABLE OF CONTENTS.—The table of contents for this concur-
rent resolution is as follows: 
Sec. 1. Concurrent resolution on the budget for fiscal year 2025. 
TITLE I—RECOMMENDED LEVELS AND AMOUNTS 
Subtitle A—Budgetary Levels in Both Houses 
Sec. 1101. Recommended levels and amounts. 
Sec. 1102. Major functional categories. 
Subtitle B—Levels and Amounts in the Senate 
Sec. 1201. Social Security in the Senate. 
Sec. 1202. Postal Service discretionary administrative expenses in the Senate. 
TITLE II—RECONCILIATION 
Sec. 2001. Reconciliation in the House of Representatives. 
Sec. 2002. Reconciliation in the Senate. 
TITLE III—RESERVE FUNDS 
Sec. 3001. Reserve fund for reconciliation legislation. 
Sec. 3002. Deficit-neutral reserve fund relating to government deregulation. 
Sec. 3003. Spending reduction reserve fund to save more than $2,000,000,000,000. 
Sec. 3004. Spending-neutral reserve fund related to current tax policy baseline. 
Sec. 3005. Deficit-neutral reserve fund relating to protecting Medicare and Med-
icaid. 
TITLE IV—OTHER MATTERS 
Sec. 4001. Adjustment for spending cuts of at least $2 trillion. 
Sec. 4002. Enforcement filing. 
Sec. 4003. Budgetary treatment of administrative expenses. 
Sec. 4004. Application and effect of changes in allocations, aggregates, and other 
budgetary levels. 
Sec. 4005. Adjustments to reflect changes in concepts and definitions. 
Sec. 4006. Adjustment for changes in the baseline. 
Sec. 4007. Exercise of rulemaking powers. 
TITLE V—POLICY STATEMENTS IN THE HOUSE OF REPRESENTATIVES 
Sec. 5001. Policy statement on economic growth. 
Sec. 5002. Policy statement on mandatory spending reduction. 
Sec. 5003. Policy statement on Government deregulation.
H. Con. Res. 14—3 
Fiscal year 2029: $5,364,632,000,000. 
Fiscal year 2030: $5,654,106,000,000. 
Fiscal year 2031: $5,882,786,000,000. 
Fiscal year 2032: $6,121,866,000,000. 
Fiscal year 2033: $6,487,182,000,000. 
Fiscal year 2034: $6,647,428,000,000. 
(4) DEFICITS.—For purposes of the enforcement of this reso-
lution, the amounts of the deficits are as follows: 
Fiscal year 2025: $936,265,000,000. 
Fiscal year 2026: $961,632,000,000. 
Fiscal year 2027: $1,073,837,000,000. 
Fiscal year 2028: $1,239,653,000,000. 
Fiscal year 2029: $1,177,366,000,000. 
Fiscal year 2030: $1,265,422,000,000. 
Fiscal year 2031: $1,282,320,000,000. 
Fiscal year 2032: $1,321,278,000,000. 
Fiscal year 2033: $1,466,642,000,000. 
Fiscal year 2034: $1,404,891,000,000. 
(5) PUBLIC
DEBT.—Pursuant to section 301(a)(5) of the 
Congressional Budget Act of 1974 (2 U.S.C. 632(a)(5)), the 
appropriate levels of the public debt are as follows: 
Fiscal year 2025: $36,525,094,000,000. 
Fiscal year 2026: $37,838,733,000,000. 
Fiscal year 2027: $39,140,384,000,000. 
Fiscal year 2028: $40,566,455,000,000. 
Fiscal year 2029: $42,102,586,000,000. 
Fiscal year 2030: $43,583,333,000,000. 
Fiscal year 2031: $45,068,345,000,000. 
Fiscal year 2032: $46,595,036,000,000. 
Fiscal year 2033: $48,382,716,000,000. 
Fiscal year 2034: $50,481,979,000,000. 
(6) DEBT
HELD
BY
THE
PUBLIC.—The appropriate levels 
of debt held by the public are as follows: 
Fiscal year 2025: $29,294,843,000,000. 
Fiscal year 2026: $30,468,366,000,000. 
Fiscal year 2027: $31,782,489,000,000. 
Fiscal year 2028: $33,298,095,000,000. 
Fiscal year 2029: $34,781,086,000,000. 
Fiscal year 2030: $36,380,984,000,000. 
Fiscal year 2031: $38,027,730,000,000. 
Fiscal year 2032: $39,759,791,000,000. 
Fiscal year 2033: $41,652,745,000,000. 
Fiscal year 2034: $43,515,483,000,000. 
SEC. 1102. MAJOR FUNCTIONAL CATEGORIES. 
Congress determines and declares that the appropriate levels 
of new budget authority and outlays for fiscal years 2025 through 
2034 for each major functional category are: 
(1) National Defense (050): 
Fiscal year 2025: 
(A) New budget authority, $933,484,000,000. 
(B) Outlays, $909,629,000,000. 
Fiscal year 2026: 
(A) New budget authority, $901,220,000,000. 
(B) Outlays, $904,412,000,000. 
Fiscal year 2027: 
(A) New budget authority, $923,020,000,000.
H. Con. Res. 14—4 
(B) Outlays, $911,956,000,000. 
Fiscal year 2028: 
(A) New budget authority, $944,111,000,000. 
(B) Outlays, $934,660,000,000. 
Fiscal year 2029: 
(A) New budget authority, $966,203,000,000. 
(B) Outlays, $942,419,000,000. 
Fiscal year 2030: 
(A) New budget authority, $989,212,000,000. 
(B) Outlays, $966,361,000,000. 
Fiscal year 2031: 
(A) New budget authority, $1,012,715,000,000. 
(B) Outlays, $984,795,000,000. 
Fiscal year 2032: 
(A) New budget authority, $1,036,723,000,000. 
(B) Outlays, $1,003,888,000,000. 
Fiscal year 2033: 
(A) New budget authority, $1,062,319,000,000. 
(B) Outlays, $1,037,888,000,000. 
Fiscal year 2034: 
(A) New budget authority, $1,087,382,000,000. 
(B) Outlays, $1,054,430,000,000. 
(2) International Affairs (150): 
Fiscal year 2025: 
(A) New budget authority, $65,962,000,000. 
(B) Outlays, $69,206,000,000. 
Fiscal year 2026: 
(A) New budget authority, $61,716,000,000. 
(B) Outlays, $67,669,000,000. 
Fiscal year 2027: 
(A) New budget authority, $62,249,000,000. 
(B) Outlays, $66,456,000,000. 
Fiscal year 2028: 
(A) New budget authority, $63,512,000,000. 
(B) Outlays, $62,391,000,000. 
Fiscal year 2029: 
(A) New budget authority, $64,944,000,000. 
(B) Outlays, $62,832,000,000. 
Fiscal year 2030: 
(A) New budget authority, $66,408,000,000. 
(B) Outlays, $63,077,000,000. 
Fiscal year 2031: 
(A) New budget authority, $67,878,000,000. 
(B) Outlays, $64,002,000,000. 
Fiscal year 2032: 
(A) New budget authority, $69,343,000,000. 
(B) Outlays, $65,176,000,000. 
Fiscal year 2033: 
(A) New budget authority, $70,874,000,000. 
(B) Outlays, $66,517,000,000. 
Fiscal year 2034: 
(A) New budget authority, $72,435,000,000. 
(B) Outlays, $67,889,000,000. 
(3) General Science, Space, and Technology (250): 
Fiscal year 2025: 
(A) New budget authority, $42,084,000,000. 
(B) Outlays, $41,734,000,000.
H. Con. Res. 14—5 
Fiscal year 2026: 
(A) New budget authority, $41,345,000,000. 
(B) Outlays, $41,844,000,000. 
Fiscal year 2027: 
(A) New budget authority, $42,264,000,000. 
(B) Outlays, $41,923,000,000. 
Fiscal year 2028: 
(A) New budget authority, $43,099,000,000. 
(B) Outlays, $42,198,000,000. 
Fiscal year 2029: 
(A) New budget authority, $44,017,000,000. 
(B) Outlays, $42,887,000,000. 
Fiscal year 2030: 
(A) New budget authority, $44,980,000,000. 
(B) Outlays, $43,633,000,000. 
Fiscal year 2031: 
(A) New budget authority, $45,946,000,000. 
(B) Outlays, $44,551,000,000. 
Fiscal year 2032: 
(A) New budget authority, $46,922,000,000. 
(B) Outlays, $45,486,000,000. 
Fiscal year 2033: 
(A) New budget authority, $47,936,000,000. 
(B) Outlays, $46,460,000,000. 
Fiscal year 2034: 
(A) New budget authority, $48,985,000,000. 
(B) Outlays, $47,466,000,000. 
(4) Energy (270): 
Fiscal year 2025: 
(A) New budget authority, $39,842,000,000. 
(B) Outlays, $37,587,000,000. 
Fiscal year 2026: 
(A) New budget authority, $39,958,000,000. 
(B) Outlays, $44,514,000,000. 
Fiscal year 2027: 
(A) New budget authority, $34,098,000,000. 
(B) Outlays, $52,768,000,000. 
Fiscal year 2028: 
(A) New budget authority, $34,825,000,000. 
(B) Outlays, $51,623,000,000. 
Fiscal year 2029: 
(A) New budget authority, $35,770,000,000. 
(B) Outlays, $48,582,000,000. 
Fiscal year 2030: 
(A) New budget authority, $33,946,000,000. 
(B) Outlays, $42,596,000,000. 
Fiscal year 2031: 
(A) New budget authority, $35,188,000,000. 
(B) Outlays, $40,366,000,000. 
Fiscal year 2032: 
(A) New budget authority, $39,697,000,000. 
(B) Outlays, $41,611,000,000. 
Fiscal year 2033: 
(A) New budget authority, $24,489,000,000. 
(B) Outlays, $25,941,000,000. 
Fiscal year 2034: 
(A) New budget authority, $16,203,000,000.
H. Con. Res. 14—6 
(B) Outlays, $17,040,000,000. 
(5) Natural Resources and Environment (300): 
Fiscal year 2025: 
(A) New budget authority, $88,319,000,000. 
(B) Outlays, $89,764,000,000. 
Fiscal year 2026: 
(A) New budget authority, $67,633,000,000. 
(B) Outlays, $80,552,000,000. 
Fiscal year 2027: 
(A) New budget authority, $45,140,000,000. 
(B) Outlays, $75,844,000,000. 
Fiscal year 2028: 
(A) New budget authority, $45,985,000,000. 
(B) Outlays, $71,673,000,000. 
Fiscal year 2029: 
(A) New budget authority, $46,956,000,000. 
(B) Outlays, $67,691,000,000. 
Fiscal year 2030: 
(A) New budget authority, $47,707,000,000. 
(B) Outlays, $63,948,000,000. 
Fiscal year 2031: 
(A) New budget authority, $48,854,000,000. 
(B) Outlays, $60,580,000,000. 
Fiscal year 2032: 
(A) New budget authority, $49,918,000,000. 
(B) Outlays, $56,444,000,000. 
Fiscal year 2033: 
(A) New budget authority, $51,246,000,000. 
(B) Outlays, $55,797,000,000. 
Fiscal year 2034: 
(A) New budget authority, $52,225,000,000. 
(B) Outlays, $55,480,000,000. 
(6) Agriculture (350): 
Fiscal year 2025: 
(A) New budget authority, $58,457,000,000. 
(B) Outlays, $41,846,000,000. 
Fiscal year 2026: 
(A) New budget authority, $28,163,000,000. 
(B) Outlays, $46,212,000,000. 
Fiscal year 2027: 
(A) New budget authority, $31,716,000,000. 
(B) Outlays, $33,686,000,000. 
Fiscal year 2028: 
(A) New budget authority, $33,008,000,000. 
(B) Outlays, $34,426,000,000. 
Fiscal year 2029: 
(A) New budget authority, $33,334,000,000. 
(B) Outlays, $32,441,000,000. 
Fiscal year 2030: 
(A) New budget authority, $30,857,000,000. 
(B) Outlays, $30,098,000,000. 
Fiscal year 2031: 
(A) New budget authority, $30,468,000,000. 
(B) Outlays, $29,609,000,000. 
Fiscal year 2032: 
(A) New budget authority, $31,239,000,000. 
(B) Outlays, $30,163,000,000.
H. Con. Res. 14—7 
Fiscal year 2033: 
(A) New budget authority, $32,276,000,000. 
(B) Outlays, $30,893,000,000. 
Fiscal year 2034: 
(A) New budget authority, $32,912,000,000. 
(B) Outlays, $31,721,000,000. 
(7) Commerce and Housing Credit (370): 
Fiscal year 2025: 
(A) New budget authority, $12,477,000,000. 
(B) Outlays, ¥$18,175,000,000. 
Fiscal year 2026: 
(A) New budget authority, $32,747,000,000. 
(B) Outlays, ¥$626,000,000. 
Fiscal year 2027: 
(A) New budget authority, $28,145,000,000. 
(B) Outlays, $7,710,000,000. 
Fiscal year 2028: 
(A) New budget authority, ¥$56,796,000,000. 
(B) Outlays, ¥$65,194,000,000. 
Fiscal year 2029: 
(A) New budget authority, $25,562,000,000. 
(B) Outlays, $15,976,000,000. 
Fiscal year 2030: 
(A) New budget authority, $25,712,000,000. 
(B) Outlays, $12,680,000,000. 
Fiscal year 2031: 
(A) New budget authority, $25,941,000,000. 
(B) Outlays, $7,932,000,000. 
Fiscal year 2032: 
(A) New budget authority, $26,354,000,000. 
(B) Outlays, $5,060,000,000. 
Fiscal year 2033: 
(A) New budget authority, $20,192,000,000. 
(B) Outlays, ¥$4,224,000,000. 
Fiscal year 2034: 
(A) New budget authority, $29,862,000,000. 
(B) Outlays, $2,451,000,000. 
(8) Transportation (400): 
Fiscal year 2025: 
(A) New budget authority, $173,158,000,000. 
(B) Outlays, $144,771,000,000. 
Fiscal year 2026: 
(A) New budget authority, $167,673,000,000. 
(B) Outlays, $152,541,000,000. 
Fiscal year 2027: 
(A) New budget authority, $132,085,000,000. 
(B) Outlays, $158,068,000,000. 
Fiscal year 2028: 
(A) New budget authority, $133,386,000,000. 
(B) Outlays, $162,528,000,000. 
Fiscal year 2029: 
(A) New budget authority, $134,447,000,000. 
(B) Outlays, $160,846,000,000. 
Fiscal year 2030: 
(A) New budget authority, $129,994,000,000. 
(B) Outlays, $150,790,000,000. 
Fiscal year 2031:
H. Con. Res. 14—8 
(A) New budget authority, $130,964,000,000. 
(B) Outlays, $147,539,000,000. 
Fiscal year 2032: 
(A) New budget authority, $138,846,000,000. 
(B) Outlays, $150,163,000,000. 
Fiscal year 2033: 
(A) New budget authority, $140,544,000,000. 
(B) Outlays, $149,247,000,000. 
Fiscal year 2034: 
(A) New budget authority, $142,271,000,000. 
(B) Outlays, $149,454,000,000. 
(9) Community and Regional Development (450): 
Fiscal year 2025: 
(A) New budget authority, $90,242,000,000. 
(B) Outlays, $78,592,000,000. 
Fiscal year 2026: 
(A) New budget authority, $20,135,000,000. 
(B) Outlays, $64,267,000,000. 
Fiscal year 2027: 
(A) New budget authority, $19,259,000,000. 
(B) Outlays, $56,506,000,000. 
Fiscal year 2028: 
(A) New budget authority, $19,462,000,000. 
(B) Outlays, $45,101,000,000. 
Fiscal year 2029: 
(A) New budget authority, $19,888,000,000. 
(B) Outlays, $35,976,000,000. 
Fiscal year 2030: 
(A) New budget authority, $20,326,000,000. 
(B) Outlays, $31,026,000,000. 
Fiscal year 2031: 
(A) New budget authority, $20,727,000,000. 
(B) Outlays, $27,543,000,000. 
Fiscal year 2032: 
(A) New budget authority, $21,007,000,000. 
(B) Outlays, $24,658,000,000. 
Fiscal year 2033: 
(A) New budget authority, $21,462,000,000. 
(B) Outlays, $22,754,000,000. 
Fiscal year 2034: 
(A) New budget authority, $21,864,000,000. 
(B) Outlays, $21,733,000,000. 
(10) Education, Training, Employment, and Social Services 
(500): 
Fiscal year 2025: 
(A) New budget authority, $149,379,000,000. 
(B) Outlays, $171,920,000,000. 
Fiscal year 2026: 
(A) New budget authority, $152,714,000,000. 
(B) Outlays, $151,639,000,000. 
Fiscal year 2027: 
(A) New budget authority, $155,152,000,000. 
(B) Outlays, $151,206,000,000. 
Fiscal year 2028: 
(A) New budget authority, $157,970,000,000. 
(B) Outlays, $152,914,000,000. 
Fiscal year 2029:
H. Con. Res. 14—9 
(A) New budget authority, $160,942,000,000. 
(B) Outlays, $155,518,000,000. 
Fiscal year 2030: 
(A) New budget authority, $163,842,000,000. 
(B) Outlays, $158,366,000,000. 
Fiscal year 2031: 
(A) New budget authority, $166,812,000,000. 
(B) Outlays, $161,277,000,000. 
Fiscal year 2032: 
(A) New budget authority, $170,169,000,000. 
(B) Outlays, $164,438,000,000. 
Fiscal year 2033: 
(A) New budget authority, $173,711,000,000. 
(B) Outlays, $167,726,000,000. 
Fiscal year 2034: 
(A) New budget authority, $176,750,000,000. 
(B) Outlays, $170,798,000,000. 
(11) Health (550): 
Fiscal year 2025: 
(A) New budget authority, $948,957,000,000. 
(B) Outlays, $963,482,000,000. 
Fiscal year 2026: 
(A) New budget authority, $992,092,000,000. 
(B) Outlays, $977,707,000,000. 
Fiscal year 2027: 
(A) New budget authority, $1,020,326,000,000. 
(B) Outlays, $1,021,663,000,000. 
Fiscal year 2028: 
(A) New budget authority, $1,054,949,000,000. 
(B) Outlays, $1,051,917,000,000. 
Fiscal year 2029: 
(A) New budget authority, $1,098,389,000,000. 
(B) Outlays, $1,093,560,000,000. 
Fiscal year 2030: 
(A) New budget authority, $1,142,669,000,000. 
(B) Outlays, $1,132,096,000,000. 
Fiscal year 2031: 
(A) New budget authority, $1,176,497,000,000. 
(B) Outlays, $1,175,451,000,000. 
Fiscal year 2032: 
(A) New budget authority, $1,226,824,000,000. 
(B) Outlays, $1,216,998,000,000. 
Fiscal year 2033: 
(A) New budget authority, $1,276,881,000,000. 
(B) Outlays, $1,266,068,000,000. 
Fiscal year 2034: 
(A) New budget authority, $1,310,000,000,000. 
(B) Outlays, $1,298,975,000,000. 
(12) Medicare (570): 
Fiscal year 2025: 
(A) New budget authority, $952,239,000,000. 
(B) Outlays, $951,989,000,000. 
Fiscal year 2026: 
(A) New budget authority, $1,007,093,000,000. 
(B) Outlays, $1,008,459,000,000. 
Fiscal year 2027: 
(A) New budget authority, $1,066,571,000,000.
H. Con. Res. 14—10 
(B) Outlays, $1,066,331,000,000. 
Fiscal year 2028: 
(A) New budget authority, $1,209,735,000,000. 
(B) Outlays, $1,208,675,000,000. 
Fiscal year 2029: 
(A) New budget authority, $1,125,645,000,000. 
(B) Outlays, $1,125,301,000,000. 
Fiscal year 2030: 
(A) New budget authority, $1,275,864,000,000. 
(B) Outlays, $1,275,627,000,000. 
Fiscal year 2031: 
(A) New budget authority, $1,357,791,000,000. 
(B) Outlays, $1,357,726,000,000. 
Fiscal year 2032: 
(A) New budget authority, $1,445,195,000,000. 
(B) Outlays, $1,445,191,000,000. 
Fiscal year 2033: 
(A) New budget authority, $1,659,329,000,000. 
(B) Outlays, $1,659,346,000,000. 
Fiscal year 2034: 
(A) New budget authority, $1,666,492,000,000. 
(B) Outlays, $1,666,497,000,000. 
(13) Income Security (600): 
Fiscal year 2025: 
(A) New budget authority, $712,538,000,000. 
(B) Outlays, $709,200,000,000. 
Fiscal year 2026: 
(A) New budget authority, $691,755,000,000. 
(B) Outlays, $690,914,000,000. 
Fiscal year 2027: 
(A) New budget authority, $708,645,000,000. 
(B) Outlays, $703,648,000,000. 
Fiscal year 2028: 
(A) New budget authority, $727,434,000,000. 
(B) Outlays, $727,234,000,000. 
Fiscal year 2029: 
(A) New budget authority, $728,925,000,000. 
(B) Outlays, $714,850,000,000. 
Fiscal year 2030: 
(A) New budget authority, $748,162,000,000. 
(B) Outlays, $739,465,000,000. 
Fiscal year 2031: 
(A) New budget authority, $760,737,000,000. 
(B) Outlays, $751,498,000,000. 
Fiscal year 2032: 
(A) New budget authority, $778,878,000,000. 
(B) Outlays, $768,898,000,000. 
Fiscal year 2033: 
(A) New budget authority, $800,142,000,000. 
(B) Outlays, $796,835,000,000. 
Fiscal year 2034: 
(A) New budget authority, $808,455,000,000. 
(B) Outlays, $798,159,000,000. 
(14) Social Security (650): 
Fiscal year 2025: 
(A) New budget authority, $67,259,000,000. 
(B) Outlays, $67,259,000,000.
H. Con. Res. 14—11 
Fiscal year 2026: 
(A) New budget authority, $81,690,000,000. 
(B) Outlays, $81,690,000,000. 
Fiscal year 2027: 
(A) New budget authority, $89,447,000,000. 
(B) Outlays, $89,447,000,000. 
Fiscal year 2028: 
(A) New budget authority, $94,419,000,000. 
(B) Outlays, $94,419,000,000. 
Fiscal year 2029: 
(A) New budget authority, $100,138,000,000. 
(B) Outlays, $100,138,000,000. 
Fiscal year 2030: 
(A) New budget authority, $106,208,000,000. 
(B) Outlays, $106,208,000,000. 
Fiscal year 2031: 
(A) New budget authority, $112,114,000,000. 
(B) Outlays, $112,114,000,000. 
Fiscal year 2032: 
(A) New budget authority, $118,485,000,000. 
(B) Outlays, $118,485,000,000. 
Fiscal year 2033: 
(A) New budget authority, $125,325,000,000. 
(B) Outlays, $125,325,000,000. 
Fiscal year 2034: 
(A) New budget authority, $132,539,000,000. 
(B) Outlays, $132,539,000,000. 
(15) Veterans Benefits and Services (700): 
Fiscal year 2025: 
(A) New budget authority, $361,349,000,000. 
(B) Outlays, $357,760,000,000. 
Fiscal year 2026: 
(A) New budget authority, $382,555,000,000. 
(B) Outlays, $378,814,000,000. 
Fiscal year 2027: 
(A) New budget authority, $404,594,000,000. 
(B) Outlays, $401,319,000,000. 
Fiscal year 2028: 
(A) New budget authority, $427,329,000,000. 
(B) Outlays, $444,241,000,000. 
Fiscal year 2029: 
(A) New budget authority, $447,757,000,000. 
(B) Outlays, $422,317,000,000. 
Fiscal year 2030: 
(A) New budget authority, $466,616,000,000. 
(B) Outlays, $461,720,000,000. 
Fiscal year 2031: 
(A) New budget authority, $486,716,000,000. 
(B) Outlays, $481,638,000,000. 
Fiscal year 2032: 
(A) New budget authority, $507,187,000,000. 
(B) Outlays, $502,655,000,000. 
Fiscal year 2033: 
(A) New budget authority, $528,733,000,000. 
(B) Outlays, $548,734,000,000. 
Fiscal year 2034: 
(A) New budget authority, $550,662,000,000.
H. Con. Res. 14—13 
Fiscal year 2033: 
(A) New budget authority, $36,960,000,000. 
(B) Outlays, $36,758,000,000. 
Fiscal year 2034: 
(A) New budget authority, $37,681,000,000. 
(B) Outlays, $37,266,000,000. 
(18) Net Interest (900): 
Fiscal year 2025: 
(A) New budget authority, $1,011,643,000,000. 
(B) Outlays, $1,011,643,000,000. 
Fiscal year 2026: 
(A) New budget authority, $1,031,561,000,000. 
(B) Outlays, $1,031,561,000,000. 
Fiscal year 2027: 
(A) New budget authority, $1,078,839,000,000. 
(B) Outlays, $1,078,839,000,000. 
Fiscal year 2028: 
(A) New budget authority, $1,150,343,000,000. 
(B) Outlays, $1,150,343,000,000. 
Fiscal year 2029: 
(A) New budget authority, $1,213,150,000,000. 
(B) Outlays, $1,213,150,000,000. 
Fiscal year 2030: 
(A) New budget authority, $1,269,439,000,000. 
(B) Outlays, $1,269,439,000,000. 
Fiscal year 2031: 
(A) New budget authority, $1,332,808,000,000. 
(B) Outlays, $1,332,808,000,000. 
Fiscal year 2032: 
(A) New budget authority, $1,398,649,000,000. 
(B) Outlays, $1,398,649,000,000. 
Fiscal year 2033: 
(A) New budget authority, $1,457,676,000,000. 
(B) Outlays, $1,457,676,000,000. 
Fiscal year 2034: 
(A) New budget authority, $1,525,604,000,000. 
(B) Outlays, $1,525,604,000,000. 
(19) Allowances (920): 
Fiscal year 2025: 
(A) New budget authority, ¥$1,009,217,000,000. 
(B) Outlays, ¥$987,791,000,000. 
Fiscal year 2026: 
(A) New budget authority, ¥$888,800,000,000. 
(B) Outlays, ¥$900,514,000,000. 
Fiscal year 2027: 
(A) New budget authority, ¥$890,385,000,000. 
(B) Outlays, ¥$894,905,000,000. 
Fiscal year 2028: 
(A) New budget authority, ¥$848,052,000,000. 
(B) Outlays, ¥$850,422,000,000. 
Fiscal year 2029: 
(A) New budget authority, ¥$851,534,000,000. 
(B) Outlays, ¥$852,928,000,000. 
Fiscal year 2030: 
(A) New budget authority, ¥$874,353,000,000. 
(B) Outlays, ¥$874,414,000,000. 
Fiscal year 2031:
H. Con. Res. 14—14 
(A) New budget authority, ¥$874,523,000,000. 
(B) Outlays, ¥$874,523,000,000. 
Fiscal year 2032: 
(A) New budget authority, ¥$894,135,000,000. 
(B) Outlays, ¥$894,135,000,000. 
Fiscal year 2033: 
(A) New budget authority, ¥$940,797,000,000. 
(B) Outlays, ¥$940,797,000,000. 
Fiscal year 2034: 
(A) New budget authority, ¥$913,790,000,000. 
(B) Outlays, ¥$913,790,000,000. 
(20) Undistributed Offsetting Receipts (950): 
Fiscal year 2025: 
(A) New budget authority, ¥$127,603,000,000. 
(B) Outlays, ¥$127,603,000,000. 
Fiscal year 2026: 
(A) New budget authority, ¥$135,110,000,000. 
(B) Outlays, ¥$135,110,000,000. 
Fiscal year 2027: 
(A) New budget authority, ¥$137,883,000,000. 
(B) Outlays, ¥$137,883,000,000. 
Fiscal year 2028: 
(A) New budget authority, ¥$141,145,000,000. 
(B) Outlays, ¥$141,165,000,000. 
Fiscal year 2029: 
(A) New budget authority, ¥$145,400,000,000. 
(B) Outlays, ¥$145,407,000,000. 
Fiscal year 2030: 
(A) New budget authority, ¥$149,582,000,000. 
(B) Outlays, ¥$149,581,000,000. 
Fiscal year 2031: 
(A) New budget authority, ¥$154,014,000,000. 
(B) Outlays, ¥$154,013,000,000. 
Fiscal year 2032: 
(A) New budget authority, ¥$160,114,000,000. 
(B) Outlays, ¥$160,113,000,000. 
Fiscal year 2033: 
(A) New budget authority, ¥$166,102,000,000. 
(B) Outlays, ¥$166,101,000,000. 
Fiscal year 2034: 
(A) New budget authority, ¥$171,015,000,000. 
(B) Outlays, ¥$171,014,000,000. 
Subtitle B—Levels and Amounts in the 
Senate 
SEC. 1201. SOCIAL SECURITY IN THE SENATE. 
(a) SOCIAL
SECURITY
REVENUES.—For purposes of Senate 
enforcement under sections 302 and 311 of the Congressional 
Budget Act of 1974 (2 U.S.C. 633 and 642), the amounts of revenues 
of the Federal Old-Age and Survivors Insurance Trust Fund and 
the Federal Disability Insurance Trust Fund are as follows: 
Fiscal year 2025: $1,303,924,000,000. 
Fiscal year 2026: $1,363,772,000,000. 
Fiscal year 2027: $1,418,548,000,000. 
Fiscal year 2028: $1,471,664,000,000.
H. Con. Res. 14—15 
Fiscal year 2029: $1,530,214,000,000. 
Fiscal year 2030: $1,591,009,000,000. 
Fiscal year 2031: $1,654,023,000,000. 
Fiscal year 2032: $1,717,802,000,000. 
Fiscal year 2033: $1,782,045,000,000. 
Fiscal year 2034: $1,848,436,000,000. 
(b) SOCIAL SECURITY OUTLAYS.—For purposes of Senate enforce-
ment under sections 302 and 311 of the Congressional Budget 
Act of 1974 (2 U.S.C. 633 and 642), the amounts of outlays of 
the Federal Old-Age and Survivors Insurance Trust Fund and the 
Federal Disability Insurance Trust Fund are as follows: 
Fiscal year 2025: $1,413,704,000,000. 
Fiscal year 2026: $1,496,321,000,000. 
Fiscal year 2027: $1,585,393,000,000. 
Fiscal year 2028: $1,686,625,000,000. 
Fiscal year 2029: $1,786,673,000,000. 
Fiscal year 2030: $1,890,273,000,000. 
Fiscal year 2031: $1,998,509,000,000. 
Fiscal year 2032: $2,111,591,000,000. 
Fiscal year 2033: $2,224,104,000,000. 
Fiscal year 2034: $2,324,902,000,000. 
(c) SOCIAL
SECURITY
ADMINISTRATIVE
EXPENSES.—In the 
Senate, the amounts of new budget authority and budget outlays 
of the Federal Old-Age and Survivors Insurance Trust Fund and 
the Federal Disability Insurance Trust Fund for administrative 
expenses are as follows: 
Fiscal year 2025: 
(A) New budget authority, $6,400,000,000. 
(B) Outlays, $6,332,000,000. 
Fiscal year 2026: 
(A) New budget authority, $6,268,000,000. 
(B) Outlays, $6,287,000,000. 
Fiscal year 2027: 
(A) New budget authority, $6,455,000,000. 
(B) Outlays, $6,422,000,000. 
Fiscal year 2028: 
(A) New budget authority, $6,644,000,000. 
(B) Outlays, $6,584,000,000. 
Fiscal year 2029: 
(A) New budget authority, $6,832,000,000. 
(B) Outlays, $6,765,000,000. 
Fiscal year 2030: 
(A) New budget authority, $7,033,000,000. 
(B) Outlays, $6,963,000,000. 
Fiscal year 2031: 
(A) New budget authority, $7,233,000,000. 
(B) Outlays, $7,162,000,000. 
Fiscal year 2032: 
(A) New budget authority, $7,437,000,000. 
(B) Outlays, $7,365,000,000. 
Fiscal year 2033: 
(A) New budget authority, $7,651,000,000. 
(B) Outlays, $7,576,000,000. 
Fiscal year 2034: 
(A) New budget authority, $7,869,000,000. 
(B) Outlays, $7,792,000,000.
H. Con. Res. 14—16 
SEC. 
1202. 
POSTAL 
SERVICE 
DISCRETIONARY 
ADMINISTRATIVE 
EXPENSES IN THE SENATE. 
In the Senate, the amounts of new budget authority and budget 
outlays of the Postal Service for discretionary administrative 
expenses are as follows: 
Fiscal year 2025: 
(A) New budget authority, $268,000,000. 
(B) Outlays, $268,000,000. 
Fiscal year 2026: 
(A) New budget authority, $279,000,000. 
(B) Outlays, $279,000,000. 
Fiscal year 2027: 
(A) New budget authority, $289,000,000. 
(B) Outlays, $289,000,000. 
Fiscal year 2028: 
(A) New budget authority, $299,000,000. 
(B) Outlays, $299,000,000. 
Fiscal year 2029: 
(A) New budget authority, $309,000,000. 
(B) Outlays, $309,000,000. 
Fiscal year 2030: 
(A) New budget authority, $319,000,000. 
(B) Outlays, $319,000,000. 
Fiscal year 2031: 
(A) New budget authority, $330,000,000. 
(B) Outlays, $330,000,000. 
Fiscal year 2032: 
(A) New budget authority, $341,000,000. 
(B) Outlays, $341,000,000. 
Fiscal year 2033: 
(A) New budget authority, $352,000,000. 
(B) Outlays, $352,000,000. 
Fiscal year 2034: 
(A) New budget authority, $364,000,000. 
(B) Outlays, $364,000,000. 
TITLE II—RECONCILIATION 
SEC. 2001. RECONCILIATION IN THE HOUSE OF REPRESENTATIVES. 
(a) SUBMISSIONS.—In the House of Representatives, not later 
than May 9, 2025, the committees named in subsection (b) and 
subsection (c) shall submit their recommendations on changes in 
laws within their jurisdictions to the Committee on the Budget 
of the House of Representatives to carry out this section. 
(b) INSTRUCTIONS.— 
(1) COMMITTEE ON AGRICULTURE.—The Committee on Agri-
culture shall submit changes in laws within its jurisdiction 
to reduce the deficit by not less than $230,000,000,000 for 
the period of fiscal years 2025 through 2034. 
(2) COMMITTEE ON ARMED SERVICES.—The Committee on 
Armed Services shall submit changes in laws within its jurisdic-
tion that increase the deficit by not more than $100,000,000,000 
for the period of fiscal years 2025 through 2034. 
(3) COMMITTEE ON EDUCATION AND WORKFORCE.—The Com-
mittee on Education and Workforce shall submit changes in 
laws within its jurisdiction to reduce the deficit by not less
H. Con. Res. 14—17 
than $330,000,000,000 for the period of fiscal years 2025 
through 2034. 
(4) COMMITTEE
ON
ENERGY
AND
COMMERCE.—The Com-
mittee on Energy and Commerce shall submit changes in laws 
within its jurisdiction to reduce the deficit by not less than 
$880,000,000,000 for the period of fiscal years 2025 through 
2034. 
(5) COMMITTEE ON FINANCIAL SERVICES.—The Committee 
on Financial Services shall submit changes in laws within 
its jurisdiction to reduce the deficit by not less than 
$1,000,000,000 for the period of fiscal years 2025 through 2034. 
(6) COMMITTEE ON HOMELAND SECURITY.—The Committee 
on Homeland Security shall submit changes in laws within 
its jurisdiction that increase the deficit by not more than 
$90,000,000,000 for the period of fiscal years 2025 through 
2034. 
(7) COMMITTEE ON THE JUDICIARY.—The Committee on the 
Judiciary shall submit changes in laws within its jurisdiction 
that increase the deficit by not more than $110,000,000,000 
for the period of fiscal years 2025 through 2034. 
(8) COMMITTEE ON NATURAL RESOURCES.—The Committee 
on Natural Resources shall submit changes in laws within 
its jurisdiction to reduce the deficit by not less than 
$1,000,000,000 for the period of fiscal years 2025 through 2034. 
(9) COMMITTEE ON OVERSIGHT AND GOVERNMENT REFORM.— 
The Committee on Oversight and Government Reform shall 
submit changes in laws within its jurisdiction to reduce the 
deficit by not less than $50,000,000,000 for the period of fiscal 
years 2025 through 2034. 
(10) COMMITTEE
ON
TRANSPORTATION
AND
INFRASTRUC-
TURE.—The Committee on Transportation and Infrastructure 
shall submit changes in laws within its jurisdiction to reduce 
the deficit by not less than $10,000,000,000 for the period 
of fiscal years 2025 through 2034. 
(11) COMMITTEE
ON
WAYS
AND
MEANS.—The Committee 
on Ways and Means shall submit changes in laws within its 
jurisdiction that increase the deficit by not more than 
$4,500,000,000,000 for the period of fiscal years 2025 through 
2034. 
(c) INCREASE IN STATUTORY DEBT LIMIT.—The Committee on 
Ways and Means shall submit changes in laws within its jurisdiction 
that increase the statutory debt limit by $4,000,000,000,000. 
SEC. 2002. RECONCILIATION IN THE SENATE. 
(a) IN GENERAL.— 
(1) SUBMISSIONS.—In the Senate, not later than May 9, 
2025, the committees named in paragraph (2) shall submit 
their recommendations to the Committee on the Budget of 
the Senate. Upon receiving all such recommendations, the Com-
mittee on the Budget of the Senate shall report to the Senate 
a reconciliation bill carrying out all such recommendations 
without any substantive revision. 
(2) INSTRUCTIONS.— 
(A) COMMITTEE ON AGRICULTURE, NUTRITION, AND FOR-
ESTRY.—The Committee on Agriculture, Nutrition, and For-
estry of the Senate shall report changes in laws within 
its jurisdiction that reduce the deficit by not less than
H. Con. Res. 14—18 
$1,000,000,000 for the period of fiscal years 2025 through 
2034. 
(B) COMMITTEE ON ARMED SERVICES.—The Committee 
on Armed Services of the Senate shall report changes in 
laws within its jurisdiction that increase the deficit by 
not more than $150,000,000,000 for the period of fiscal 
years 2025 through 2034. 
(C) COMMITTEE
ON
BANKING, HOUSING, AND
URBAN 
AFFAIRS.—The Committee on Banking, Housing, and Urban 
Affairs of the Senate shall report changes in laws within 
its jurisdiction that reduce the deficit by not less than 
$1,000,000,000 for the period of fiscal years 2025 through 
2034. 
(D) 
COMMITTEE
ON
COMMERCE, 
SCIENCE, 
AND 
TRANSPORTATION.—The Committee on Commerce, Science, 
and Transportation of the Senate shall report changes in 
laws within its jurisdiction that increase the deficit by 
not more than $20,000,000,000 for the period of fiscal years 
2025 through 2034. 
(E) COMMITTEE ON ENERGY AND NATURAL RESOURCES.— 
The Committee on Energy and Natural Resources of the 
Senate shall report changes in laws within its jurisdiction 
that reduce the deficit by not less than $1,000,000,000 
for the period of fiscal years 2025 through 2034. 
(F) COMMITTEE ON ENVIRONMENT AND PUBLIC WORKS.— 
The Committee on Environment and Public Works of the 
Senate shall report changes in laws within its jurisdiction 
that increase the deficit by not more than $1,000,000,000 
for the period of fiscal years 2025 through 2034. 
(G) COMMITTEE
ON
FINANCE.—The Committee on 
Finance of the Senate shall report changes in laws within 
its jurisdiction that increase the deficit by not more than 
$1,500,000,000,000 for the period of fiscal years 2025 
through 2034. 
(H) COMMITTEE ON HEALTH, EDUCATION, LABOR, AND 
PENSIONS.—The Committee on Health, Education, Labor, 
and Pensions of the Senate shall report changes in laws 
within its jurisdiction that reduce the deficit by not less 
than $1,000,000,000 for the period of fiscal years 2025 
through 2034. 
(I) COMMITTEE ON HOMELAND SECURITY AND GOVERN-
MENTAL AFFAIRS.—The Committee on Homeland Security 
and Governmental Affairs of the Senate shall report 
changes in laws within its jurisdiction that increase the 
deficit by not more than $175,000,000,000 for the period 
of fiscal years 2025 through 2034. 
(J) COMMITTEE ON THE JUDICIARY.—The Committee on 
the Judiciary of the Senate shall report changes in laws 
within its jurisdiction that increase the deficit by not more 
than $175,000,000,000 for the period of fiscal years 2025 
through 2034. 
(b) INCREASE IN STATUTORY DEBT LIMIT.—In the Senate, not 
later than May 16, 2025, the Committee on Finance of the Senate 
shall report changes in laws within its jurisdiction that increase 
the statutory debt limit by not more than $5,000,000,000,000.
H. Con. Res. 14—19 
TITLE III—RESERVE FUNDS 
SEC. 3001. RESERVE FUND FOR RECONCILIATION LEGISLATION. 
(a) HOUSE OF REPRESENTATIVES.— 
(1) IN GENERAL.—In the House of Representatives, the chair 
of the Committee on the Budget may revise the allocations 
of a committee or committees, aggregates, and other appropriate 
levels in this resolution for any bill or joint resolution consid-
ered pursuant to section 2001 containing the recommendations 
of one or more committees, or for one or more amendments 
to, a conference report on, or an amendment between the 
Houses in relation to such a bill or joint resolution, by the 
amounts necessary to accommodate the budgetary effects of 
the legislation, if the budgetary effects of the legislation comply 
with the reconciliation instructions under this concurrent reso-
lution. 
(2) DETERMINATION OF COMPLIANCE.—For purposes of this 
subsection, compliance with the reconciliation instructions 
under this concurrent resolution shall be determined by the 
chair of the Committee on the Budget of the House of Rep-
resentatives. 
(b) SENATE.— 
(1) IN GENERAL.—In the Senate, the Chairman of the Com-
mittee on the Budget of the Senate may revise the allocations 
of a committee or committees, aggregates, and other appropriate 
levels in this resolution, and make adjustments to the pay- 
as-you-go ledger, for any bill or joint resolution considered 
pursuant to section 2002 containing the recommendations of 
one or more committees, or for one or more amendments to, 
a conference report on, or an amendment between the Houses 
in relation to such a bill or joint resolution, by the amounts 
necessary to accommodate the budgetary effects of the legisla-
tion, if the budgetary effects of the legislation comply with 
the reconciliation instructions under this concurrent resolution. 
(2) DETERMINATION OF COMPLIANCE.—For purposes of this 
section, compliance with the reconciliation instructions under 
this concurrent resolution shall be determined by the Chairman 
of the Committee on the Budget of the Senate. 
(3) EXCEPTIONS FOR LEGISLATION.— 
(A) SHORT-TERM.—Section 404 of S. Con. Res. 13 (111th 
Congress), the concurrent resolution on the budget for fiscal 
year 2010, as amended by section 3201(b)(2) of S. Con. 
Res. 11 (114th Congress), the concurrent resolution on 
the budget for fiscal year 2016, shall not apply to legislation 
for which the Chairman of the Committee on the Budget 
of the Senate has exercised the authority under paragraph 
(1). 
(B) LONG-TERM.—Section 3101 of S. Con. Res. 11 (114th 
Congress), the concurrent resolution on the budget for fiscal 
year 2016, shall not apply to legislation for which the 
Chairman of the Committee on the Budget of the Senate 
has exercised the authority under paragraph (1).
H. Con. Res. 14—20 
SEC. 3002. DEFICIT-NEUTRAL RESERVE FUND RELATING TO GOVERN-
MENT DEREGULATION. 
The Chairman of the Committee on the Budget of the Senate 
may revise the allocations of a committee or committees, aggregates, 
and other appropriate levels in this resolution, and make adjust-
ments to the pay-as-you-go ledger, for one or more bills, joint 
resolutions, amendments, amendments between the Houses, 
motions, or conference reports relating to reducing burdensome 
and costly Federal Government regulations by passing legislation 
focused on government deregulation that will decrease new 
spending arising from such regulations and reassert the proper 
constitutional role of Congress in the law-making process by the 
amounts provided in such legislation for those purposes, provided 
that such legislation would not increase the deficit over either 
the period of the total of fiscal years 2025 through 2029 or the 
period of the total of fiscal years 2025 through 2034. 
SEC. 3003. SPENDING REDUCTION RESERVE FUND TO SAVE MORE 
THAN $2,000,000,000,000. 
The Chairman of the Committee on the Budget of the Senate 
may revise the allocations of a committee or committees, aggregates, 
and other appropriate levels in this resolution for one or more 
bills, joint resolutions, amendments, amendments between the 
Houses, motions, or conference reports relating to spending reforms 
that will— 
(1) scrutinize line item expenditures, especially non-defense 
spending that did not exist prior to or has grown significantly 
since the start of the COVID–19 pandemic; 
(2) fulfill the President’s promise to protect the old-age, 
survivors, and disability insurance benefits program under title 
II of the Social Security Act (42 U.S.C. 401 et seq.), the Medi-
care program under title XVIII of the Social Security Act (42 
U.S.C. 1395 et seq.), or the Medicaid program under title XIX 
of the Social Security Act (42 U.S.C. 1396 et seq.), including 
from waste, fraud, and abuse; and 
(3) include policy changes that reduce the deficit through 
reconciliation, executive action, or rescissions by Congress and 
the President by more than $2,000,000,000,000 over 10 years, 
by the amounts provided in such legislation for those purposes, 
provided that such legislation would reduce outlays and the deficit 
over the period of the total of fiscal years 2025 through 2034. 
SEC. 3004. SPENDING-NEUTRAL RESERVE FUND RELATED TO CURRENT 
TAX POLICY BASELINE. 
The Chairman of the Committee on the Budget of the Senate 
may revise the allocations of a committee or committees, aggregates, 
and other appropriate levels in this resolution for one or more 
bills, joint resolutions, amendments, amendments between the 
Houses, motions, or conference reports relating to using more real-
istic assumptions regarding current tax policy, which may include 
extending provisions under Public Law 115–97 (131 Stat. 2054) 
(commonly known as the ‘‘Tax Cuts and Jobs Act of 2017’’) in 
the baseline in order to prevent massive tax increases on working 
families and small businesses, and to align treatment of tax policy 
with major Federal spending programs, without raising revenue, 
by the amounts provided in such legislation for those purposes,
H. Con. Res. 14—21 
provided that such legislation would not increase the deficit over 
the period of the total of fiscal years 2025 through 2034. 
SEC. 3005. DEFICIT-NEUTRAL RESERVE FUND RELATING TO PRO-
TECTING MEDICARE AND MEDICAID. 
The Chairman of the Committee on the Budget of the Senate 
may revise the allocations of a committee or committees, aggregates, 
and other appropriate levels in this resolution, and make adjust-
ments to the pay-as-you-go ledger, for one or more bills, joint 
resolutions, amendments, amendments between the Houses, 
motions, or conference reports relating to protecting the Medicaid 
program under title XIX of the Social Security Act (42 U.S.C. 
1396 et seq.), which may include strengthening and improving 
Medicaid for the most vulnerable populations, and extending the 
life of the Federal Hospital Insurance Trust Fund, by the amounts 
provided in such legislation for those purposes, provided that such 
legislation would not increase the deficit over the period of the 
total of fiscal years 2025 through 2034. 
TITLE IV—OTHER MATTERS 
SEC. 4001. ADJUSTMENT FOR SPENDING CUTS OF AT LEAST $2 TRIL-
LION. 
(a) 
ADJUSTMENT
IF
DEFICIT
REDUCTION
TARGET
NOT 
ACHIEVED.—In the House of Representatives, if one or more commit-
tees of the House of Representatives submit reconciliation rec-
ommendations pursuant to paragraphs (1), (3), (4), (5), (8), (9), 
or (10) of section 2001(b) and such recommendations do not, in 
total, achieve at least $2,000,000,000,000 in net deficit reduction 
over the period of fiscal years 2025 through 2034, the chair of 
the Committee on the Budget of the House shall reduce— 
(1) the $4,500,000,000,000 reconciliation instruction for the 
Committee on Ways and Means under section 2001(b)(11); 
(2) the allocations to the Committee on Ways and Means 
under section 302(a) of the Congressional Budget and Impound-
ment Control Act of 1974 (2 U.S.C. 633(a)); 
(3) the aggregates of budget authority, outlays, and reve-
nues; and 
(4) any other appropriate level in this concurrent resolution, 
by an amount equal to the difference between $2,000,000,000,000 
and the total dollar amount of such recommendations. 
(b) ADJUSTMENT IF DEFICIT REDUCTION TARGET EXCEEDED.— 
In the House of Representatives, if one or more committees of 
the House of Representatives submit reconciliation recommenda-
tions pursuant to paragraphs (1), (3), (4), (5), (8), (9), or (10) of 
section 2001(b) and such recommendations, in total, achieve at 
least $2,000,000,000,000 in net deficit reduction over the period 
of fiscal years 2025 through 2034, the chair of the Committee 
on the Budget of the House shall increase the levels described 
in paragraphs (1) through (4) of subsection (a) by an amount equal 
to the difference between the total dollar amount of such rec-
ommendations and $2,000,000,000,000. 
(c) CERTIFICATION REQUIRED FOR ADJUSTMENT.—No adjustment 
may be made under subsection (a) or subsection (b) unless the 
chair of the Committee on the Budget of the House, using cost 
estimates provided by the Congressional Budget Office and the
H. Con. Res. 14—22 
Joint Committee on Taxation (as appropriate), certifies in writing 
that the applicable reconciliation recommendations— 
(1) with respect to subsection (a), do not achieve net deficit 
reduction of at least $2,000,000,000,000 over the period of fiscal 
years 2025 through 2034; or 
(2) with respect to subsection (b), achieve net deficit reduc-
tion of at least $2,000,000,000,000 over the period of such 
fiscal years. 
(d) RECONCILIATION INSTRUCTION FOR WAYS AND MEANS.—In 
the House of Representatives, the dollar amount resulting from 
any adjustment made under this section to the reconciliation 
instruction for the Committee on Ways and Means under paragraph 
(11) of section 2001(b) shall be substituted for ‘‘$4,500,000,000,000’’ 
in such section and shall be deemed the reconciliation instructions 
for such Committee under such section. Any recommendations on 
changes in law within the jurisdiction of the Committee shall be 
consistent with the goals of this concurrent resolution, including 
with respect to spending reduction, tax policy changes, reforms, 
or other measures deemed appropriate by the chair of the Com-
mittee on the Budget of the House. 
(e) CONSISTENCY WITH THE RESOLUTION.—Any reconciliation 
recommendations receiving an allocation adjustment under this 
section shall not be considered in violation of the budgetary levels 
established by this concurrent resolution. 
SEC. 4002. ENFORCEMENT FILING. 
(a) IN THE HOUSE OF REPRESENTATIVES.—In the House of Rep-
resentatives, if a concurrent resolution on the budget for fiscal 
year 2025 is adopted without the appointment of a committee 
of conference on the disagreeing votes of the two Houses with 
respect to this concurrent resolution on the budget, for the purpose 
of enforcing the Congressional Budget Act of 1974 (2 U.S.C. 621 
et seq.) and applicable rules and requirements set forth in the 
concurrent resolution on the budget, the allocations provided for 
in this subsection shall apply in the House of Representatives 
in the same manner as if such allocations were in a joint explana-
tory statement accompanying a conference report on the budget 
for fiscal year 2025. The chair of the Committee on the Budget 
of the House of Representatives shall submit a statement for 
publication in the Congressional Record containing— 
(1) for the Committee on Appropriations, committee alloca-
tions for fiscal year 2025 consistent with title I for the purpose 
of enforcing section 302 of the Congressional Budget Act of 
1974 (2 U.S.C. 633); and 
(2) for all committees other than the Committee on Appro-
priations, committee allocations consistent with title I for fiscal 
year 2025 and for the period of fiscal years 2025 through 
2034 for the purpose of enforcing section 302 of the Congres-
sional Budget Act of 1974 (2 U.S.C. 633). 
(b) IN THE SENATE.—If this concurrent resolution on the budget 
is agreed to by the Senate and House of Representatives without 
the appointment of a committee of conference on the disagreeing 
votes of the two Houses, the Chairman of the Committee on the 
Budget of the Senate may submit a statement for publication in 
the Congressional Record containing— 
(1) for the Committee on Appropriations, committee alloca-
tions for fiscal year 2025 consistent with the levels in title
H. Con. Res. 14—23 
I for the purpose of enforcing section 302 of the Congressional 
Budget Act of 1974 (2 U.S.C. 633); and 
(2) for all committees other than the Committee on Appro-
priations, committee allocations for fiscal years 2025, 2025 
through 2029, and 2025 through 2034 consistent with the levels 
in title I for the purpose of enforcing section 302 of the Congres-
sional Budget Act of 1974 (2 U.S.C. 633). 
SEC. 4003. BUDGETARY TREATMENT OF ADMINISTRATIVE EXPENSES. 
(a) SENATE.— 
(1) IN GENERAL.—In the Senate, notwithstanding section 
302(a)(1) of the Congressional Budget Act of 1974 (2 U.S.C. 
633(a)(1)), section 13301 of the Budget Enforcement Act of 
1990 (2 U.S.C. 632 note), and section 2009a of title 39, United 
States Code, the report or the joint explanatory statement 
accompanying this concurrent resolution on the budget or the 
statement filed pursuant to section 4002(b), as applicable, shall 
include in an allocation under section 302(a) of the Congres-
sional Budget Act of 1974 (2 U.S.C. 633(a)) to the Committee 
on Appropriations of the Senate of amounts for the discretionary 
administrative expenses of the Social Security Administration 
and the United States Postal Service. 
(2) SPECIAL RULE.—In the Senate, for purposes of enforcing 
section 302(f) of the Congressional Budget Act of 1974 (2 U.S.C. 
633(f)), estimates of the level of total new budget authority 
and total outlays provided by a measure shall include any 
discretionary amounts described in paragraph (1). 
(b) HOUSE OF REPRESENTATIVES.— 
(1) IN GENERAL.—In the House of Representatives, notwith-
standing section 302(a)(1) of the Congressional Budget Act of 
1974 (2 U.S.C. 633(a)(1)), section 13301 of the Budget Enforce-
ment Act of 1990 (2 U.S.C. 632 note), and section 2009a of 
title 39, United States Code, the report or the joint explanatory 
statement accompanying this concurrent resolution on the 
budget or the statement filed pursuant to section 4002(a), as 
applicable, shall include in an allocation under section 302(a) 
of the Congressional Budget Act of 1974 (2 U.S.C. 633(a)) 
to the Committee on Appropriations of the House of Representa-
tives of amounts for the discretionary administrative expenses 
of the Social Security Administration and the United States 
Postal Service. 
(2) SPECIAL RULE.—In the House of Representatives, for 
purposes of enforcing section 302(f) of the Congressional Budget 
Act of 1974 (2 U.S.C. 633(f)), estimates of the level of total 
new budget authority and total outlays provided by a measure 
shall include any discretionary amounts described in paragraph 
(1). 
SEC. 4004. APPLICATION AND EFFECT OF CHANGES IN ALLOCATIONS, 
AGGREGATES, AND OTHER BUDGETARY LEVELS. 
(a) APPLICATION.—Any adjustments of allocations, aggregates, 
and other budgetary levels made pursuant to this concurrent resolu-
tion shall— 
(1) apply while that measure is under consideration; 
(2) take effect upon the enactment of that measure; and 
(3) be published in the Congressional Record as soon as 
practicable.
H. Con. Res. 14—24 
(b) EFFECT
OF
CHANGED
ALLOCATIONS, AGGREGATES, AND 
OTHER BUDGETARY LEVELS.—Revised allocations, aggregates, and 
other budgetary levels resulting from these adjustments shall be 
considered for the purposes of the Congressional Budget Act of 
1974 (2 U.S.C. 621 et seq.) as the allocations, aggregates, and 
other budgetary levels contained in this concurrent resolution. 
(c) BUDGET COMMITTEE DETERMINATIONS.—For purposes of this 
concurrent resolution, the levels of new budget authority, outlays, 
direct spending, new entitlement authority, revenues, deficits, and 
surpluses for a fiscal year or period of fiscal years shall be deter-
mined on the basis of estimates made by the chair of the Committee 
on the Budget of the applicable House of Congress. 
(d) AGGREGATES, ALLOCATIONS AND APPLICATION.—In the House 
of Representatives, for purposes of this concurrent resolution and 
budget enforcement, the consideration of any bill or joint resolution, 
or amendment thereto or conference report thereon, for which the 
chair of the Committee on the Budget makes adjustments or revi-
sions in the allocations, aggregates, and other budgetary levels 
of this concurrent resolution shall not be subject to the point of 
order set forth in clause 10 of rule XXI of the Rules of the House 
of Representatives. 
SEC. 4005. ADJUSTMENTS TO REFLECT CHANGES IN CONCEPTS AND 
DEFINITIONS. 
(a) HOUSE OF REPRESENTATIVES.—In the House of Representa-
tives, the chair of the Committee on the Budget may adjust the 
appropriate aggregates, allocations, and other budgetary levels in 
this concurrent resolution for any change in budgetary concepts 
and definitions consistent with section 251(b)(1) of the Balanced 
Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 
901(b)(1)). 
(b) SENATE.—In the Senate, upon the enactment of a bill or 
joint resolution providing for a change in concepts or definitions, 
the Chairman of the Committee on the Budget of the Senate may 
make adjustments to the levels and allocations in this concurrent 
resolution in accordance with section 251(b) of the Balanced Budget 
and Emergency Deficit Control Act of 1985 (2 U.S.C. 901(b)). 
SEC. 4006. ADJUSTMENT FOR CHANGES IN THE BASELINE. 
The chair of the Committee on the Budget of the House of 
Representatives and the Chairman of the Committee on the Budget 
of the Senate may adjust the allocations, aggregates, and other 
appropriate budgetary levels in this concurrent resolution to reflect 
changes resulting from the Congressional Budget Office’s updates 
to its baseline for fiscal years 2025 through 2034, including the 
effects of legislation enacted before the date on which this concur-
rent resolution is agreed to. 
SEC. 4007. EXERCISE OF RULEMAKING POWERS. 
Congress adopts the provisions of this title— 
(1) as an exercise of the rulemaking power of the Senate 
and the House of Representatives, respectively, and as such 
they shall be considered as part of the rules of each House 
or of that House to which they specifically apply, and such 
rules shall supersede other rules only to the extent that they 
are inconsistent with such other rules; and 
(2) with full recognition of the constitutional right of either 
the Senate or the House of Representatives to change those
H. Con. Res. 14—25 
rules (insofar as they relate to that House) at any time, in 
the same manner, and to the same extent as is the case of 
any other rule of the Senate or House of Representatives. 
TITLE V—POLICY STATEMENTS IN THE 
HOUSE OF REPRESENTATIVES 
SEC. 5001. POLICY STATEMENT ON ECONOMIC GROWTH. 
(a) FINDINGS.—The House finds the following: 
(1) The rate of economic growth has a significant impact 
on budget deficits. When the rate of gross domestic product 
(GDP) increases, projected revenue grows with it and deficits 
decline. Conversely, slower GDP growth can lead to lagging 
revenues and mounting deficits. 
(2) Federal policies affect the economy’s potential to grow 
and impact economic performance, influencing budgetary out-
comes. Consequently, fiscally responsible policies that improve 
the economy’s long-term growth prospects help reduce the size 
of budget deficits over a given period. 
(3) The free market, where individuals pursue their own 
self-interests, has been responsible for greater advancements 
in quality of life and generation of wealth than any other 
form of economic system. Federal policies designed to grow 
the economy should thus allow market forces to operate 
unhindered rather than pick ‘‘winners’’ and ‘‘losers’’. 
(b) POLICY ON ECONOMIC GROWTH.—In the House of Represent-
atives, it is the policy of this concurrent resolution to pursue policies 
that embrace the free market and promote economic growth policies 
that— 
(1) reduce Federal spending; 
(2) expand American energy production; 
(3) lower taxes that discourage work, savings, and invest-
ment; 
(4) deregulate the economy and enact reforms to diminish 
bureaucratic red tape; and 
(5) eliminate barriers to work so more Americans enter 
(or reenter) the job market. 
SEC. 5002. POLICY STATEMENT ON MANDATORY SPENDING REDUC-
TION. 
(a) FINDINGS.—The House finds the following: 
(1) The United States faces a significant debt crisis, with 
the national debt currently exceeding $36 trillion, or 123 per-
cent of GDP. 
(2) Since 2019, mandatory spending has increased by 59 
percent. 
(3) This debt poses a significant risk to the country’s long- 
term fiscal sustainability, with implications for future genera-
tions. 
(4) Mandatory spending currently accounts for over 70 
percent of the entire Federal budget. 
(5) The deficit for fiscal year 2025 is projected to be $1.9 
trillion, or 6.2 percent of GDP. 
(6) This fiscal year, net interest will total $952 billion, 
or 3.2 percent of GDP.
H. Con. Res. 14—26 
(b) POLICY
ON MANDATORY SPENDING REDUCTION.—In the 
House of Representatives, the goal of this concurrent resolution 
is to reduce mandatory spending by $2 trillion over the budget 
window. If the combined deficit reduction provided by authorizing 
committees is below this target, it is the policy of the Committee 
on the Budget of the House that the instruction provided to the 
Committee on Ways and Means of the House should be reduced 
by a commensurate amount to offset the difference. 
SEC. 5003. POLICY STATEMENT ON GOVERNMENT DEREGULATION. 
(a) FINDINGS.—The House finds the following: 
(1) Regulations throughout the Federal Government have 
been a major issue for decades, continuously growing while 
negatively impacting the nation’s economic and fiscal standing. 
(2) Overregulation has consistently hurt small businesses, 
strangled domestic energy production, weakened labor market 
conditions, and expanded government overreach and costs on 
taxpayers. 
(3) Real (inflation-adjusted) spending on regulatory agen-
cies has increased exponentially since 1960. The total number 
of pages in the Code of Federal Regulations (CFR) has increased 
from 22,877 pages in 1960 to nearly 200,000 today. When 
compared to 1950, the CFR contained only 9,745 pages in 
1950, making the size of the CFR today 95% larger than it 
was in 1950. 
(b) POLICY STATEMENT ON GOVERNMENT DEREGULATION.—In 
this House of Representatives, it is the policy of this concurrent 
resolution— 
(1) that Congress continues to examine ways to relieve 
the burdens of overregulation throughout the Federal Govern-
ment; 
(2) that Congress is ready to promote initiatives that will 
reduce government bureaucracy, enhance Federalism, and 
increase economic prosperity through deregulation; 
(3) to not only reduce burdensome, costly regulations, but 
to also reassert the role of Congress; and 
(4) 
to 
enact 
legislation 
through 
reconciliation 
that 
strengthens Congress, scales back Federal regulations, limits 
future bureaucratic red tape, and unleashes economic growth,
H. Con. Res. 14—27 
such as the Regulations from the Executive in Need of Scrutiny 
(REINS) Act. 
Attest: 
Clerk of the House of Representatives. 
Attest: 
Secretary of the Senate.