HCONRES 71 · 115th Congress · Economics and Public Finance
Establishing the congressional budget for the United States Government for fiscal year 2018 and setting forth the appropriate budgetary levels for fiscal years 2019 through 2027.
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Motion to reconsider laid on the table Agreed to without objection.(2017-10-26)
Recorded Votes
PassedSenate · 2017-10-19
Roll #245 ↗Yea 51Nay 49
PassedSenate · 2017-10-19
Roll #245 ↗Yea 51Nay 49
PassedSenate · 2017-10-17
Roll #219 ↗Yea 50Nay 47
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Plain Language Summary
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Establishes the congressional budget for the federal government for FY2018 and sets forth budgetary levels for FY2019-FY2027. Recommends levels and amounts for FY2018-FY2027 for: federal revenues, new budget authority, budget outlays, deficits (on-budget), debt subject to limit, debt held by the public, and the major functional categories of spending. Includes reconciliation instructions directing 11 specified House authorizing committees to submit deficit reduction legislation to the House Budget Committee by October 6, 2017. Sets forth budget enforcement procedures addressing: long-term direct spending; allocations for Overseas Contingency Operations/ Global War on Terrorism; changes in mandatory programs; estimates of debt service costs, credit programs, macroeconomic effects, and energy saving performance contracts; adjustments to spending levels; advance appropriations; transfers from the general fund of the Treasury to the Highway Trust Fund; Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) guarantee fees; and Federal Reserve System surpluses. Establishes reserve funds for legislation relating to: the commercializatio…
Summarized by Claude AI · Non-partisan · For informational purposes only