Vote Smart's Synopsis:

Vote to pass a concurrent resolution that establishes the congressional budget for the federal government in the 2021 fiscal years, sets forth budgetary levels for fiscal years 2022-2030, and provides reconciliation instructions for legislation that increases the deficit.

Highlights:

• Establishes the following recommended levels of federal revenue for fiscal years 2021-2030 (Title I, Subtitle A, Sec. 1101):

• $2.303 trillion for fiscal year 2021;

• $2.768 trillion for fiscal year 2022;

• $2.971 trillion for fiscal year 2023;

• $3.092 trillion for fiscal year 2024;

• $3.236 trillion for fiscal year 2025;

• $3.514 trillion for fiscal year 2026;

• $3.883 trillion for fiscal year 2027;

• $2.971 trillion for fiscal year 2028;

• $4.007 trillion for fiscal year 2029; and

• $4.121 trillion for fiscal year 2030.

• Establishes the following recommended levels of federal budgetary spending for national defense in fiscal years 2021-2030 (Title I, Subtitle A, Sec. 1102):

• $762.55 billion for fiscal year 2021;

• $776.98 billion for fiscal year 2022;

• $792.88 billion for fiscal year 2023;

• $810.36 billion for fiscal year 2024;

• $828.95 billion for fiscal year 2025;

• $847.99 billion for fiscal year 2026;

• $868.01 billion for fiscal year 2027;

• $888.63 billion for fiscal year 2028;

• $909.67 billion for fiscal year 2029; and

• $931.65 billion for fiscal year 2030.

• Establishes the following recommended levels of federal budgetary spending for international affairs in fiscal years 2021-2030 (Title I, Subtitle A, Sec. 1102):

• $85.04 billion for fiscal year 2021;

• $64.24 billion for fiscal year 2022;

• $60.41 billion for fiscal year 2023;

• $61.72 billion for fiscal year 2024;

• $63.11 billion for fiscal year 2025;

• $64.51 billion for fiscal year 2026;

• $66.05 billion for fiscal year 2027;

• $67.60 billion for fiscal year 2028;

• $69.14 billion for fiscal year 2029; and

• $70.70 billion for fiscal year 2030.

• Establishes the following recommended levels of federal budgetary spending for general science, space, and technology in fiscal years 2021-2030 (Title I, Subtitle A, Sec. 1102):

• $38.54 billion for fiscal year 2021;

• $38.02 billion for fiscal year 2022;

• $38.79 billion for fiscal year 2023;

• $39.60 billion for fiscal year 2024;

• $40.47 billion for fiscal year 2025;

• $41.34 billion for fiscal year 2026;

• $42.24 billion for fiscal year 2027;

• $43.16 billion for fiscal year 2028;

• $44.09 billion for fiscal year 2029; and

• $45.06 billion for fiscal year 2030.

• Establishes the following recommended levels of federal budgetary spending for energy in fiscal years 2021-2030 (Title I, Subtitle A, Sec. 1102):

• $4.05 billion for fiscal year 2021;

• $6.05 billion for fiscal year 2022;

• $5.73 billion for fiscal year 2023;

• $5.83 billion for fiscal year 2024;

• $5.94 billion for fiscal year 2025;

• $5.81 billion for fiscal year 2026;

• $5.92 billion for fiscal year 2027;

• $7.84 billion for fiscal year 2028;

• $8.31 billion for fiscal year 2029; and

• $8.50 billion for fiscal year 2030.

• Establishes the following recommended levels of federal budgetary spending for natural resources and environment in fiscal years 2021-2030 (Title I, Subtitle A, Sec. 1102):

• $50.04 billion for fiscal year 2021;

• $51.24 billion for fiscal year 2022;

• $53.06 billion for fiscal year 2023;

• $54.11 billion for fiscal year 2024;

• $55.21 billion for fiscal year 2025;

• $54.73 billion for fiscal year 2026;

• $55.89 billion for fiscal year 2027;

• $57.14 billion for fiscal year 2028;

• $58.37 billion for fiscal year 2029; and

• $59.61 billion for fiscal year 2030.

• Establishes the following recommended levels of federal budgetary spending for agriculture in fiscal years 2021-2030 (Title I, Subtitle A, Sec. 1102):

• $49.06 billion for fiscal year 2021;

• $28.04 billion for fiscal year 2022;

• $28.13 billion for fiscal year 2023;

• $27.90 billion for fiscal year 2024;

• $27.49 billion for fiscal year 2025;

• $27.67 billion for fiscal year 2026;

• $27.53 billion for fiscal year 2027;

• $27.71 billion for fiscal year 2028;

• $27.75 billion for fiscal year 2029; and

• $28.05 billion for fiscal year 2030.

Full Bill Text

Full Bill Text