H.Con.Res. 113In committeeJobs & the economy
House budget plan projects deficits over $1.3 trillion yearly through 2036
Data as of July 24, 2026
This nonbinding budget blueprint sets 2027 spending and revenue targets through 2036 and launches a reconciliation process.AI-decoded55-second read · 5 questions answered below
Decoded
AI-decodedWhat 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?
- Introduced
- House committee — You are here
- House vote
- Senate
- President's desk
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
AI-drafted summary. Verify it against the official text before you act on it.
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How it's being covered
Real reporting on this bill, with each outlet's political lean labeled where AllSides has rated it.
Coverage of this bill so far comes from one side of the spectrum. Read it with that in mind.
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asiaone.comJul 23, 2026Not rated
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reviewjournal.comJul 23, 2026Not rated
- House Republicans pass $95 billion Iran war budget package
ynet.co.ilJul 23, 2026Not rated
Lean labels describe the news outlet, not this bill or any party. Ratings by AllSides.
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.
- Introduced:
- July 18, 2026
- Latest action:
- July 22, 2026
Motion to reconsider laid on the table Agreed to without objection.
Read the official bill on Congress.gov