Establishing the budget for the United States Government for fiscal year 2016 and setting forth appropriate budgetary levels for fiscal years 2017 through 2025.

Summary

Establishes the congressional budget for the federal government for FY2016 and sets forth budgetary levels for FY2017-FY2025. Recommends levels and amounts for FY2016-FY2025 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. Includes reconciliation instructions directing 13 House authorizing committees to submit deficit reduction legislation to the House Budget Committee no later than July 15, 2015. Requires specified House committees to submit to the House Budget Committee findings identifying changes in law to achieve savings through eliminating waste, fraud, and abuse. Sets forth budget enforcement procedures addressing the inclusion of macroeconomic effects (dynamic scoring) in cost estimates for legislation, measures affecting Social Security solvency, administrative expenses, transfers to the Highway Trust Fund, advance appropriations, fair value credit estimates, long-term spending, allocations for Overseas Contingency Operations/ Global War on Terrorism, and legislation that decreases direct spending and authorizes appropriations for the same purpose. Establishes reserve funds for the Patient Protection and Affordable Care Act repeal, health care reform, the Children's Health Insurance Program (CHIP), graduate medical education, trade agreements, tax reform, revenue reductions, poverty reduction, transportation, federal retirement reform, defense sequestration replacement, and Overseas Contingency Operations/ Global War on Terrorism. Provides estimates for the rate of growth in means-tested and non-means tested direct spending and proposes changes to specified programs. Sets forth recommended long-term levels for revenues, outlays, deficits, and debt as a percentage of gross domestic product in FY2030, FY2035, and FY2040. Includes policy statements on several public policy issues.

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Documents

9 official files

• Placed on Calendar Senate (text)

  Placed on Calendar Senate · EN · 13 April 2015

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• Placed on Calendar Senate (PDF)

  Placed on Calendar Senate · EN · 13 April 2015

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• Engrossed in House (text)

  Engrossed in House · EN · 25 March 2015

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• Engrossed in House (PDF)

  Engrossed in House · EN · 25 March 2015

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• Passed House amended

  summary · EN · 25 March 2015

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• Reported in House (text)

  Reported in House · EN · 20 March 2015

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• Reported in House (PDF)

  Reported in House · EN · 20 March 2015

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• Reported to House without amendment

  summary · EN · 20 March 2015

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• Introduced in House

  summary · EN · 20 March 2015

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