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 in fiscal year 2027, increasing annually to $6,340,095,000,000 by fiscal year 2036. * **New Budget Authority:** Total new budget authority is set at $5,970,796,000,000 for fiscal year 2027, projected to rise to $7,982,009,000,000 by fiscal year 2036. * **Budget Outlays:** Total budget outlays are estimated at $6,083,143,000,000 for fiscal year 2027, increasing to $7,855,672,000,000 by fiscal year 2036. * **Deficits (On-Budget):** The bill forecasts on-budget deficits ranging from $1,328,326,000,000 in fiscal year 2035 to $1,640,779,000,000 in fiscal year 2028. * **Debt Subject to Limit:** The national debt subject to the statutory limit is projected to increase from $41,359,068,000,000 in fiscal year 2027 to $56,170,252,000,000 by 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 by fiscal year 2036. The bill also outlines recommended levels of new budget authority and outlays for major functional categories for fiscal years 2027 through 2036, including: * **National Defense:** New budget authority is set at $955,085,000,000 in FY 2027, rising to $1,184,416,000,000 in FY 2036. * **Health:** New budget authority is projected to increase from $1,012,489,000,000 in FY 2027 to $1,329,236,000,000 in FY 2036. * **Medicare:** New budget authority is set at $1,149,338,000,000 in FY 2027, increasing to $1,982,616,000,000 in FY 2036. * **Net Interest:** This category accounts for significant outlays, with $1,146,866,000,000 in FY 2027, projected to reach $1,786,098,000,000 in FY 2036. Additionally, the bill includes provisions for reconciliation instructions to various House committees, setting targets for deficit reduction or increases within their jurisdictions over the period of fiscal years 2027 through 2036. It also establishes procedures for adjusting budget allocations for emergency requirements, disaster relief, wildfire suppression, and other specific purposes.