All Roll Calls
Yes: 102 • No: 95
SCONRES7119th CongressWALLET
An original concurrent resolution setting forth 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.
Sponsored By: Senator Graham, Lindsey [R-SC]
Passed Senate
Summary
This concurrent budget resolution would set federal budget levels for 2025–2034 and create reconciliation targets, reserve funds, and enforcement rules to shape spending, revenue, and deficit choices over that decade.
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- Seniors and health care: It locks in Medicare outlays near $950.6 billion in FY2025 and growing to about $1.7 trillion by FY2034, and it lists Social Security outlays rising from about $1.4 trillion in 2025 to $2.3 trillion in 2034, which frames future benefit and administrative funding for older Americans.
- National defense: It assigns roughly $933.5 billion in budget authority and $909.6 billion in outlays for national defense in FY2025, with defense authority rising to about $1.1 trillion by FY2034, setting multi-year defense funding expectations.
- Congressional action and reconciliation: It creates committee-by-committee reconciliation targets due March 7, 2025, including required minimum deficit reductions of $1 billion for some committees and caps on deficit increases for others at up to $150 billion or $175 billion, steering how Congress may change taxes and programs.
*Projects sustained federal deficits from about $783 billion in FY2025 to above $1 trillion in several years, signaling added pressure on the federal ledger.*
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Bill Overview
Analyzed Economic Effects
7 provisions identified: 0 benefits, 0 costs, 7 mixed.
Faster budget bills and reconciliation rules
If adopted by both chambers, the resolution would set up the reconciliation process for FY2025–FY2034. House and Senate committees would have targets and would send plans by March 7, 2025. Budget chairs would be able to adjust totals for new laws, CBO updates, and qualifying reconciliation bills. It would also let chairs adjust totals for bills that are deficit‑neutral over FY2025–FY2034, and for deregulatory bills that do not raise the deficit over FY2025–FY2029 or FY2025–FY2034. These steps would speed major budget bills but would not, by themselves, change taxes or benefits.
Social Security funding and service levels
If adopted by both chambers, the resolution would set Social Security revenue and spending totals for FY2025–FY2034. For example, revenues would be about $1.30 trillion in FY2025 and $1.85 trillion in FY2034. Outlays would be about $1.41 trillion in FY2025 and $2.33 trillion in FY2034. It would also set the Social Security Administration’s operating budgets, from about $6.41 billion in FY2025 to about $7.87 billion in FY2034. These are enforcement targets and would not change benefit formulas or payment rules by themselves.
Transportation and community development funding
If adopted by both chambers, the resolution would set targets for transportation and community development programs. Transportation in FY2025 would have about $173.2 billion in new budget authority and about $144.8 billion in outlays; the source lists FY2033 transportation outlays as −$4.22 billion. Community and regional development in FY2025 would have about $87.8 billion in new budget authority and about $78.8 billion in outlays, with FY2034 new authority about $21.9 billion. These are planning targets for enforcement and do not directly fund projects by themselves.
Ten-year plan for taxes, spending, debt
If adopted by both chambers, the resolution would set 10-year budget targets. Federal revenues would be about $3.85 trillion in FY2025 and $5.38 trillion in FY2034. Total outlays would be about $4.64 trillion in FY2025 and $6.59 trillion in FY2034. New budget authority would be about $4.66 trillion in FY2025 and $6.68 trillion in FY2034. Deficits would be about $783 billion in FY2025 and about $1.22 trillion in FY2034. It would also set debt levels, from about $36.37 trillion in FY2025 to about $48.71 trillion in FY2034. These numbers would guide Congressional enforcement and would not, by themselves, change taxes or benefits.
Medicare, Medicaid, and health funding targets
If adopted by both chambers, the resolution would set health funding targets for FY2025–FY2034. In FY2025, health funding would include about $945.1 billion in new budget authority and about $961.2 billion in outlays, rising over time (for example, about $1.27 trillion in new authority by FY2033). It would also let the Senate Budget chair adjust budget totals for bills that protect Medicaid or extend Medicare’s Hospital Insurance trust fund, but only if those bills do not increase the deficit for FY2025–FY2034. These are planning and process rules and would not directly change who qualifies or what Medicare or Medicaid pay today.
Education and job training funding
If adopted by both chambers, the resolution would set funding targets for education, training, employment, and social services. In FY2025, it would set about $149.3 billion in new budget authority and about $171.9 billion in outlays. By FY2034, new budget authority would be about $176.6 billion. These are enforcement targets to guide later bills and do not directly change eligibility or benefits now.
Postal Service admin budgets set
If adopted by both chambers, the resolution would set Postal Service administrative funding targets for FY2025–FY2034. It lists about $268 million in FY2025 and about $364 million in FY2034 for both new budget authority and outlays. These enforcement numbers would guide later bills and do not directly change postal rates or services by themselves.
Sponsors & CoSponsors
Sponsor
Graham, Lindsey [R-SC]
SC • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
senate vote • 2/21/2025
On the Concurrent Resolution S.Con.Res. 7
Yes: 52 • No: 48
senate vote • 2/18/2025
On the Motion to Proceed S.Con.Res. 7
Yes: 50 • No: 47