Fiscal 2017 Budget Resolution – Adoption

Adoption of the concurrent resolution that would set broad spending and revenue targets over the next 10 years. It would set budget authority at $3.3 trillion for fiscal 2017, increasing it to $4.1 trillion by fiscal 2022 and $4.9 trillion by fiscal 2026. The concurrent resolution would also include reconciliation instructions for the House Energy and Commerce and Ways and Means Committees as well as the Senate Finance and Health, Education, Labor and Pensions Committees to come up with at least $1 billion each in deficit reduction over a 10-year period by January 27, 2017, which is expected to be used to repeal certain provisions of the 2010 health care overhaul.