Establishing the congressional budget for the United States Government for fiscal year 2017 and setting forth the appropriate budgetary levels for fiscal years 2018 through 2026.

Summary

Establishes the congressional budget for the federal government for FY2017 and sets forth budgetary levels for FY2018-FY2026. Recommends levels and amounts for FY2017-FY2026 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 12 House authorizing committees to submit deficit reduction legislation to the House Budget Committee within 90 days of adoption of the budget resolution. 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, direct spending legislation, macroeconomic effects, land conveyances, and energy saving performance contracts; adjustments of spending levels; advance appropriations; transfers 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: poverty reduction, repeal of the Patient Protection and Affordable Care Act, health care reform, graduate medical education, trade agreements, tax reform, revenue measures, federal retirement reform, coal miner pension and health care funds, and the commercialization of air traffic control. Provides estimates for the rate of growth in direct spending and proposes changes to specified programs. Includes policy statements on mandatory savings outside of the reconciliation process, mandatory spending controls, budget process reform, and several public policy issues.

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Documents

4 official files

• Reported in House (text)

  Reported in House · EN · 23 March 2016

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• Reported in House (PDF)

  Reported in House · EN · 23 March 2016

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• Reported to House without amendment

  summary · EN · 23 March 2016

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• Introduced in House

  summary · EN · 23 March 2016

  Open at official source

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