In the Senate of the United States, 
April 5 (legislative day, April 4), 2025. 
Resolved, That the resolution from the House of Rep-
resentatives (H. Con. Res. 14) entitled ‘‘Concurrent resolu-
tion establishing the congressional budget for the United 
States Government for fiscal year 2025 and setting forth the 
appropriate budgetary levels for fiscal years 2026 through 
2034.’’, do pass with the following 
AMENDMENT: 
Strike all after the resolving clause and insert the 
following: 
SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET 
FOR FISCAL YEAR 2025. 
(a) DECLARATION.—Congress declares that this resolu-
tion 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 concurrent resolution is as follows: 
Sec. 1. Concurrent resolution on the budget for fiscal year 2025.
† HCON 14 EAS 
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. 
TITLE I—RECOMMENDED 
LEVELS AND AMOUNTS 
Subtitle A—Budgetary Levels in 
Both Houses 
SEC. 1101. RECOMMENDED LEVELS AND AMOUNTS. 
The following budgetary levels are appropriate for each 
of fiscal years 2025 through 2034:
† HCON 14 EAS 
(1) FEDERAL REVENUES.—For purposes of the 
enforcement of this resolution: 
(A) The recommended levels of Federal reve-
nues are as follows: 
Fiscal year 2025: $3,699,743,000,000. 
Fiscal year 2026: $3,850,222,000,000. 
Fiscal year 2027: $3,935,426,000,000. 
Fiscal year 2028: $4,064,380,000,000. 
Fiscal year 2029: $4,187,266,000,000. 
Fiscal year 2030: $4,388,684,000,000. 
Fiscal year 2031: $4,600,466,000,000. 
Fiscal year 2032: $4,800,588,000,000. 
Fiscal year 2033: $5,020,540,000,000. 
Fiscal year 2034: $5,242,537,000,000. 
(B) The amounts by which the aggregate 
levels of Federal revenues should be changed are 
as follows: 
Fiscal year 2025: ¥$150,000,000,000. 
Fiscal year 2026: ¥$150,000,000,000. 
Fiscal year 2027: ¥$150,000,000,000. 
Fiscal year 2028: ¥$150,000,000,000. 
Fiscal year 2029: ¥$150,000,000,000. 
Fiscal year 2030: ¥$150,000,000,000. 
Fiscal year 2031: ¥$150,000,000,000. 
Fiscal year 2032: ¥$150,000,000,000.
† HCON 14 EAS 
Fiscal year 2033: ¥$150,000,000,000. 
Fiscal year 2034: ¥$150,000,000,000. 
(2) NEW BUDGET AUTHORITY.—For purposes of 
the enforcement of this resolution, the appropriate lev-
els of total new budget authority are as follows: 
Fiscal year 2025: $4,663,769,000,000. 
Fiscal year 2026: $4,795,798,000,000. 
Fiscal year 2027: $4,933,048,000,000. 
Fiscal year 2028: $5,216,255,000,000. 
Fiscal year 2029: $5,375,045,000,000. 
Fiscal year 2030: $5,667,195,000,000. 
Fiscal year 2031: $5,915,714,000,000. 
Fiscal year 2032: $6,191,839,000,000. 
Fiscal year 2033: $6,530,356,000,000. 
Fiscal year 2034: $6,736,948,000,000. 
(3) BUDGET OUTLAYS.—For purposes of the en-
forcement of this resolution, the appropriate levels of 
total budget outlays are as follows: 
Fiscal year 2025: $4,636,008,000,000. 
Fiscal year 2026: $4,811,854,000,000. 
Fiscal year 2027: $5,009,263,000,000. 
Fiscal year 2028: $5,304,033,000,000. 
Fiscal year 2029: $5,364,632,000,000. 
Fiscal year 2030: $5,654,106,000,000. 
Fiscal year 2031: $5,882,786,000,000.
† HCON 14 EAS 
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 resolution, 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.
† HCON 14 EAS 
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 appro-
priate 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.
† HCON 14 EAS 
(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. 
(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.
† HCON 14 EAS 
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.
† HCON 14 EAS 
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. 
(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.
† HCON 14 EAS 
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.
† HCON 14 EAS 
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. 
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.
† HCON 14 EAS 
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.
† HCON 14 EAS 
(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.
† HCON 14 EAS 
Fiscal year 2031: 
(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: