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Budget plan projects $1.6 trillion deficit in 2027, debt reaching $48.5 trillion

Placed on the calendarH.Con.Res. 113Latest action

Sponsor: Jodey C. Arrington · Representative · TX

AIDecoded by AI · checked against the record
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Official title: Establishing the congressional budget for the United States Government for fiscal year 2027 and setting forth the appropriate budgetary levels for fiscal years 2028 through 2036.

119th Congress

Topics: Jobs & the economy

Introduced:

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In plain words

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A ten-year budget plan projects a $1.6 trillion deficit in 2027 and debt held by the public growing to $48.5 trillion by 2036.

60-second read · 5 questions answered below

What does this do?

This is a , a plan that sets overall spending and revenue targets for 2027 through 2036. It is not a law and does not spend money or change taxes by itself. It also sets up a , a special bill that can move through the Senate with a instead of 60 votes.

Who does it affect?

Four House committees (Agriculture, Armed Services, Intelligence, and House Administration) are told to write law changes in their areas. Later bills could eventually affect federal programs such as the military, farm programs, and intelligence agencies, and the people who rely on them.

Why does it matter?

The plan has no direct effect on individuals right away. Any effects would come through the later spending and reconciliation bills Congress writes to follow it.

What does it cost, and who pays?

  • 2027 deficit of about $1.6 trillion
  • Debt reaches $48.5 trillion by 2036
  • Interest grows to $1.8 trillion a year

AI-drafted summary. Check it against the official text before you act on it.

Based on the “Placed on Calendar Senate” text of Jul 23, 2026.

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Where does it stand?

  1. IntroducedJul 18, 2026
  2. House committee
  3. House vote
  4. SenateYou are here · Jul 23, 2026
  5. Adopted by both chambers

Right now: it was placed on the , and the official record shows no floor action on it since. If the Senate changes it, it goes back to the House. Both chambers have to adopt the same text. This kind of resolution never goes to the president and does not become law.

Latest action: — Placed on Senate Legislative Calendar under General Orders. Calendar No. 468.

Data as of October 21, 2026

Recorded votes

Roll-call votes recorded since January 3, 2025.

  1. House · · Roll call 281

    As recorded

    Question
    On Agreeing to the Resolution
    Result:
    Passed
    216
    Nay
    214
    0
    1

    Republicans 216 yes, 2 no · Democrats 211 no, 1 not voting · Independent 1 no

    Official record
    How members voted

    The official record lists how each member voted.Official record

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