Bill > HCRes113

This bill establishes the congressional budget for the United States Government for fiscal year 2027 and sets forth budgetary levels for fiscal years 2028 through 2036. * **Federal Revenues:** The bill projects Federal revenues to be $4,481,487,000,000 for fiscal year 2027, with projected increases in subsequent years up to $6,340,095,000,000 in fiscal year 2036. * **New Budget Authority:** Total new budget authority is set at $5,970,796,000,000 for fiscal year 2027, increasing to $7,982,009,000,000 by fiscal year 2036. * **Budget Outlays:** Total budget outlays are projected to be $6,083,143,000,000 for fiscal year 2027, rising to $7,855,672,000,000 in fiscal year 2036. * **Deficits (On-Budget):** The bill forecasts on-budget deficits, starting at $1,601,656,000,000 for fiscal year 2027 and fluctuating over the period, reaching $1,515,577,000,000 in fiscal year 2036. * **Debt Subject to Limit:** The debt subject to limit is projected to increase from $41,359,068,000,000 in fiscal year 2027 to $56,170,252,000,000 in fiscal year 2036. * **Debt Held by the Public:** Debt held by the public is estimated to grow from $33,935,518,000,000 in fiscal year 2027 to $48,476,264,000,000 in fiscal year 2036. * **Major Functional Categories:** The bill outlines budget authority and outlays for various functions, with significant allocations for: * National Defense: $955,085,000,000 in new budget authority for fiscal year 2027. * Health: $1,012,489,000,000 in new budget authority for fiscal year 2027. * Medicare: $1,149,338,000,000 in new budget authority for fiscal year 2027. * Net Interest: $1,146,866,000,000 in new budget authority for fiscal year 2027. * Veterans Benefits and Services: $450,026,000,000 in new budget authority for fiscal year 2027. * **Reconciliation Instructions:** The bill includes reconciliation instructions for several House committees, setting targets for deficit increases over fiscal years 2027-2036, such as a $12,000,000,000 increase for the Committee on Agriculture and a $60,000,000,000 increase for the Committee on Armed Services. * **Other Matters:** The bill also addresses the enforcement of budget levels, the budgetary treatment of administrative expenses for certain agencies, adjustments for emergency and disaster relief, and wildfire suppression.