How the Budget Resolution Could Reshape U.S. Taxes and Spending

H.Con.Res. 14 (119th) - The 2025-2034 Budget Resolution

Summary

H. Con. Res. 14 is the concurrent resolution establishing the federal budget for Fiscal Year 2025 and setting budgetary levels for FY2026 through FY2034. It was introduced as the House’s budget blueprint for the 119th Congress. The resolution’s main purpose is to lay out Congress’s fiscal plan for the next decade – specifying targets for revenues…