Bill > SCRes13

This Concurrent Resolution establishes the United States Government's budget for fiscal year 2022 and sets financial targets for fiscal years 2023 through 2031, outlining recommended levels for federal revenues, new budget authority (which is the authority granted by law to incur obligations), and budget outlays (the actual spending of money). It details these figures across various major functional categories of government spending, such as national defense, health, and education, and also specifies targets for Social Security revenues and outlays, as well as administrative expenses for the Postal Service. Furthermore, the resolution includes provisions for deficit reduction through reconciliation, where various Senate committees are instructed to propose legislation to cut spending or increase revenue, and it also establishes rules for the budget process, including how to handle emergency legislation and points of order, which are procedural objections that can be raised against legislation.