House budget plan projects deficits over $1.3 trillion yearly through 2036

What does this do?

This resolution sets Congress's overall budget plan for fiscal year 2027, with spending and revenue targets through 2036. It sets ceilings for taxes and other revenue, spending levels across categories like defense, health, Medicare, Social Security, education, veterans' benefits, and interest, and projects annual deficits above $1.3 trillion along with continued growth in the national debt. It also directs four House committees to draft reconciliation legislation within set dollar limits, a process that can let follow-up bills pass the Senate with a simple majority.

Who does it affect?

Affects House committees (Agriculture, Armed Services, Intelligence, House Administration) tasked with drafting reconciliation bills; eventually affects federal agencies, contractors, and beneficiaries of programs like Medicare, Social Security, and veterans' services.

Why does it matter?

This bill shapes future debates over taxes, spending, and programs but does not itself change any law, tax, or benefit. It sets the framework that will guide later appropriations and reconciliation bills affecting real programs and people.

What does it cost, and who pays?

• Deficits stay above $1.3 trillion yearly
• National debt keeps growing
• No direct spending itself

Where does it stand?