Floor SpeechNeutral2026-06-03

BUDGETARY REVISIONS

Taxes

Context

On 2026-06-03, Senator Lindsey Graham (R-SC) delivered a floor speech titled "BUDGETARY REVISIONS" in the Senate.

Full Text

BUDGETARY REVISIONS

Congressional Record, Volume 172 Issue 94 (Wednesday, June 3, 2026) [Congressional Record Volume 172, Number 94 (Wednesday, June 3, 2026)] [Senate] [Pages S2518-S2519] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] BUDGETARY REVISIONS Mr. GRAHAM. Mr. President, section 3001 of S. Con. Res. 33, the fiscal year 2026 congressional budget resolution, allows the chairman of the Senate Budget Committee to revise committee allocations, budgetary aggregates, and the pay-as-you-go ledger for legislation considered under the resolution's reconciliation instructions. I find that the Graham amendment No. 5453 fulfills the conditions found in section 3001 of S. Con. Res. 33. Accordingly, I am revising the allocations for the relevant committees and other enforceable budgetary levels to account for the budgetary effects of the amendment. This adjustment supersedes the adjustment I previously made for the processing of S. 2 and shall apply while the amendment is under consideration. I ask unanimous consent that the accompanying tables providing details [[Page S2519]] about the adjustments be printed in the Record. There being no objection, the material was ordered to be printed in the Record, as follows: REVISIONS TO BUDGET AGGREGATES--BUDGET AUTHORITY AND OUTLAYS (Pursuant to Section 3001 of S. Con. Res. 33, the Concurrent Resolution on the Budget for Fiscal Year 2026) ($ in billions) ------------------------------------------------------------------------ 2026 ------------------------------------------------------------------------ Current Spending Aggregates: Budget Authority.................................... 5,191,630 Outlays............................................. 5,465.225 Adjustment: Budget Authority.................................... 69.545 Outlays............................................. 8.817 Revised Aggregates: Budget Authority.................................... 5,261.175 Outlays............................................. 5,474.042 ------------------------------------------------------------------------ REVISIONS TO SPENDING ALLOCATIONS TO SENATE COMMITTEES (Pursuant to Section 3001 of S. Con. Res. 33, the Concurrent Resolution on the Budget For Fiscal Year 2026) ($ in billions) ---------------------------------------------------------------------------------------------------------------- 2026 2026-2030 2026-2035 ---------------------------------------------------------------------------------------------------------------- Homeland Security and Governmental Affairs: Budget Authority................................... 192.793 1,008.416 2,126.793 Outlays............................................ 194.041 1,013.008 2,108.178 Adjustments: Budget Authority................................... 22.950 22.950 22.950 Outlays............................................ 2.467 22.075 22.950 Revised Allocation: Budget Authority................................... 215.743 1,031.366 2,249.743 Outlays............................................ 196.508 1,035.083 2,131.128 Judiciary: Budget Authority................................... 24.267 143.758 278.128 Outlays............................................ 35.702 249.858 416.919 Adjustments: Budget Authority................................... 46.595 46.595 46.595 Outlays............................................ 6.350 45.591 46.595 Revised Allocation: Budget Authority................................... 70.862 190.353 324.723 Outlays............................................ 42.052 295.449 463.514 Memo--Total of All Adjustments: Budget Authority................................... 69.545 69.545 69.545 Outlays............................................ 8.817 67.666 69.545 ---------------------------------------------------------------------------------------------------------------- PAY-AS-YOU-GO SCORECARD FOR THE SENATE (Revisions Pursuant to Section 3001 of S. Con. Res. 33, the Concurrent Resolution on the Budget for Fiscal Year 2026) ($ in billions) ------------------------------------------------------------------------ Balances ------------------------------------------------------------------------ Current Balances: Fiscal Year 2026.................................... 0.000 Fiscal Years 2026-2030.............................. 0.000 Fiscal Years 2026-2035.............................. 0.000 Revisions: Fiscal Year 2026.................................... 8.817 Fiscal Years 2026-2030.............................. 67.666 Fiscal Years 2026-2035.............................. 69.545 Revised Balances: Fiscal Year 2026.................................... 8.817 Fiscal Years 2026-2030.............................. 67.666 Fiscal Years 2026-2035.............................. 69.545 ------------------------------------------------------------------------ ____________________

Referenced legislation: S2, S2, SCONRES33

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BUDGETARY REVISIONS Congressional Record, Volume 172 Issue 94 (Wednesday, June 3, 2026) [Congressional Record Volume 172, Number 94 (Wednesday, June 3, 2026)] [Senate] [Pages S2518-S2519] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] BUDGETARY REVISIONS Mr. GRAHAM. Mr. President, section 3001 of S. Con. Res. 33, the fiscal year 2026 congressional budget resolution, allows the chairman of the Senate Budget Committee to revise committee allocations, budgetary aggregates, and the pay-as-you-go ledger for legislation considered under the resolution's reconciliation instructions. I find that the Graham amendment No. 5453 fulfills the conditions found in section 3001 of S. Con. Res. 33. Accordingly, I am revising the allocations for the relevant committees and other enforceable budgetary levels to account for the budgetary effects of the amendment. This adjustment supersedes the adjustment I previously made for the processing of S. 2 and shall apply while the amendment is under consideration. I ask unanimous consent that the accompanying tables providing details [[Page S2519]] about the adjustments be printed in the Record. There being no objection, the material was ordered to be printed in the Record, as follows: REVISIONS TO BUDGET AGGREGATES--BUDGET AUTHORITY AND OUTLAYS (Pursuant to Section 3001 of S. Con. Res. 33, the Concurrent Resolution on the Budget for Fiscal Year 2026) ($ in billions) ------------------------------------------------------------------------ 2026 ------------------------------------------------------------------------ Current Spending Aggregates: Budget Authority.................................... 5,191,630 Outlays............................................. 5,465.225 Adjustment: Budget Authority.................................... 69.545 Outlays............................................. 8.817 Revised Aggregates: Budget Authority.................................... 5,261.175 Outlays............................................. 5,474.042 ------------------------------------------------------------------------ REVISIONS TO SPENDING ALLOCATIONS TO SENATE COMMITTEES (Pursuant to Section 3001 of S. Con. Res. 33, the Concurrent Resolution on the Budget For Fiscal Year 2026) ($ in billions) ---------------------------------------------------------------------------------------------------------------- 2026 2026-2030 2026-2035 ---------------------------------------------------------------------------------------------------------------- Homeland Security and Governmental Affairs: Budget Authority................................... 192.793 1,008.416 2,126.793 Outlays............................................ 194.041 1,013.008 2,108.178 Adjustments: Budget Authority................................... 22.950 22.950 22.950 Outlays............................................ 2.467 22.075 22.950 Revised Allocation: Budget Authority................................... 215.743 1,031.366 2,249.743 Outlays............................................ 196.508 1,035.083 2,131.128 Judiciary: Budget Authority................................... 24.267 143.758 278.128 Outlays............................................ 35.702 249.858 416.919 Adjustments: Budget Authority................................... 46.595 46.595 46.595 Outlays............................................ 6.350 45.591 46.595 Revised Allocation: Budget Authority................................... 70.862 190.353 324.723 Outlays............................................ 42.052 295.449 463.514 Memo--Total of All Adjustments: Budget Authority................................... 69.545 69.545 69.545 Outlays............................................ 8.817 67.666 69.545 ---------------------------------------------------------------------------------------------------------------- PAY-AS-YOU-GO SCORECARD FOR THE SENATE (Revisions Pursuant to Section 3001 of S. Con. Res. 33, the Concurrent Resolution on the Budget for Fiscal Year 2026) ($ in billions) ------------------------------------------------------------------------ Balances ------------------------------------------------------------------------ Current Balances: Fiscal Year 2026.................................... 0.000 Fiscal Years 2026-2030.............................. 0.000 Fiscal Years 2026-2035.............................. 0.000 Revisions: Fiscal Year 2026.................................... 8.817 Fiscal Years 2026-2030.............................. 67.666 Fiscal Years 2026-2035.............................. 69.545 Revised Balances: Fiscal Year 2026.................................... 8.817 Fiscal Years 2026-2030.............................. 67.666 Fiscal Years 2026-2035.............................. 69.545 ------------------------------------------------------------------------ ____________________ Referenced legislation: S2, S2, SCONRES33