Sponsors
This resolution trades clearer, multi-year budget targets and faster budget process tools that improve planning and transparency for veterans, defense, and agencies in exchange for reduced legislative flexibility, greater procedural concentration in committee chairs, and increased risk of locked-in deficits that could crowd out other priorities.
Taxpayers and federal budget planners get a clearer multi-year (FY2026–2035) federal budget framework that improves predictability for spending, taxes, and long-range planning.
Veterans will receive specified, substantial annual funding levels for Veterans Benefits and Services through the budget window, supporting benefits and programs.
Military, foreign assistance, and science/space/technology programs receive multi-year funding targets, helping military planning and research institutions (e.g., NASA, NSF) to plan multi-year programs.
Taxpayers face a significant risk that multi-year spending targets and committee deficit allowances will lock in higher federal deficits and debt growth over the decade if revenues underperform, increasing future tax or spending pressure.
Middle-class families and domestic programs could be crowded out because large, specified defense and veterans spending may force higher taxes, more borrowing, or reduced funding for domestic priorities (health, education, infrastructure).
State and local governments and the public may lose flexibility to respond to economic shocks or emergencies because fixed functional caps and rigid reconciliation instructions limit future Congresses' ability to reallocate funds quickly.
Based on analysis of 5 sections of legislative text.
Sets FY2026–FY2035 budget aggregates and function-level funding (notably defense and international affairs), issues reconciliation instructions with deficit ceilings, and sets enforcement/allocation rules.
Introduced April 21, 2026 by Lindsey O. Graham · Last progress April 29, 2026
Sets the federal budget framework for fiscal year 2026 and establishes recommended budget aggregates and function-level funding for fiscal years 2026–2035, including detailed amounts for National Defense and International Affairs. Directs House and Senate committees to produce reconciliation proposals by May 15, 2026, places ceilings on allowable deficit increases for those recommendations, and gives Budget Committee chairs authority to adjust allocations and the PAYGO ledger to accommodate compliant reconciliation legislation. Establishes procedures for enforcing the concurrent budget resolution when agreed without a conference committee and requires that discretionary administrative expenses for the Social Security Administration and the U.S. Postal Service be included in Appropriations allocations and enforcement calculations.