Bill > SCRes14

This Concurrent Resolution establishes the congressional budget for the United States Government for fiscal year 2022 and sets budgetary targets for fiscal years 2023 through 2031. It outlines recommended levels for federal revenues, new budget authority, and outlays, projecting significant deficits and increasing public debt over the specified period. The resolution also details budgetary allocations for major functional categories of government spending, such as national defense, health, and social security, and includes provisions for reconciliation, which directs committees in both the Senate and the House of Representatives to propose legislation to achieve specific deficit reduction or increase targets. Furthermore, it establishes numerous "reserve funds" that allow for adjustments to the budget under certain conditions, often tied to specific policy goals like prohibiting certain environmental regulations, supporting businesses, or addressing immigration. Finally, the resolution includes provisions regarding emergency legislation, points of order against advance appropriations, and adjustments for various legislative actions, aiming to guide the budget process and fiscal management for the coming decade.