Floor SpeechNeutral2025-04-03

Text of Senate Amendment 1717

EconomyTaxesDefenseSocial SecurityLabor

Context

On 2025-04-03, Senator Lindsey Graham (R-SC) delivered a floor speech titled "Text Of Senate Amendment 1717" in the Senate.

Full Text

Text of Senate Amendment 1717

Congressional Record, Volume 171 Issue 60 (Thursday, April 3, 2025) [Congressional Record Volume 171, Number 60 (Thursday, April 3, 2025)] [Senate] [Pages S2250-S2257] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 1717. Mr. GRAHAM proposed an amendment to the concurrent resolution H. Con. Res. 14, establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034; as follows: Strike all after the resolving clause and insert the following: SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2025. (a) Declaration.--Congress declares that this resolution is the concurrent resolution on the budget for fiscal year 2025 and that this resolution sets forth the appropriate budgetary levels for fiscal years 2026 through 2034. (b) Table of Contents.--The table of contents for this concurrent resolution is as follows: Sec. 1. Concurrent resolution on the budget for fiscal year 2025. TITLE I--RECOMMENDED LEVELS AND AMOUNTS Subtitle A--Budgetary Levels in Both Houses Sec. 1101. Recommended levels and amounts. Sec. 1102. Major functional categories. Subtitle B--Levels and Amounts in the Senate Sec. 1201. Social Security in the Senate. Sec. 1202. Postal Service discretionary administrative expenses in the Senate. TITLE II--RECONCILIATION Sec. 2001. Reconciliation in the House of Representatives. Sec. 2002. Reconciliation in the Senate. TITLE III--RESERVE FUNDS Sec. 3001. Reserve fund for reconciliation legislation. Sec. 3002. Deficit-neutral reserve fund relating to government deregulation. Sec. 3003. Spending reduction reserve fund to save more than $2,000,000,000,000. Sec. 3004. Spending-neutral reserve fund related to current tax policy baseline. TITLE IV--OTHER MATTERS Sec. 4001. Adjustment for spending cuts of at least $2 trillion. [[Page S2251]] Sec. 4002. Enforcement filing. Sec. 4003. Budgetary treatment of administrative expenses. Sec. 4004. Application and effect of changes in allocations, aggregates, and other budgetary levels. Sec. 4005. Adjustments to reflect changes in concepts and definitions. Sec. 4006. Adjustment for changes in the baseline. Sec. 4007. Exercise of rulemaking powers. TITLE V--POLICY STATEMENTS IN THE HOUSE OF REPRESENTATIVES Sec. 5001. Policy statement on economic growth. Sec. 5002. Policy statement on mandatory spending reduction. Sec. 5003. Policy statement on Government deregulation. TITLE I--RECOMMENDED LEVELS AND AMOUNTS Subtitle A--Budgetary Levels in Both Houses SEC. 1101. RECOMMENDED LEVELS AND AMOUNTS. The following budgetary levels are appropriate for each of fiscal years 2025 through 2034: (1) Federal revenues.--For purposes of the enforcement of this resolution: (A) The recommended levels of Federal revenues are as follows: Fiscal year 2025: $3,699,743,000,000. Fiscal year 2026: $3,850,222,000,000. Fiscal year 2027: $3,935,426,000,000. Fiscal year 2028: $4,064,380,000,000. Fiscal year 2029: $4,187,266,000,000. Fiscal year 2030: $4,388,684,000,000. Fiscal year 2031: $4,600,466,000,000. Fiscal year 2032: $4,800,588,000,000. Fiscal year 2033: $5,020,540,000,000. Fiscal year 2034: $5,242,537,000,000. (B) The amounts by which the aggregate levels of Federal revenues should be changed are as follows: Fiscal year 2025: -$150,000,000,000. Fiscal year 2026: -$150,000,000,000. Fiscal year 2027: -$150,000,000,000. Fiscal year 2028: -$150,000,000,000. Fiscal year 2029: -$150,000,000,000. Fiscal year 2030: -$150,000,000,000. Fiscal year 2031: -$150,000,000,000. Fiscal year 2032: -$150,000,000,000. Fiscal year 2033: -$150,000,000,000. Fiscal year 2034: -$150,000,000,000. (2) New budget authority.--For purposes of the enforcement of this resolution, the appropriate levels of total new budget authority are as follows: Fiscal year 2025: $4,663,769,000,000. Fiscal year 2026: $4,795,798,000,000. Fiscal year 2027: $4,933,048,000,000. Fiscal year 2028: $5,216,255,000,000. Fiscal year 2029: $5,375,045,000,000. Fiscal year 2030: $5,667,195,000,000. Fiscal year 2031: $5,915,714,000,000. Fiscal year 2032: $6,191,839,000,000. Fiscal year 2033: $6,530,356,000,000. Fiscal year 2034: $6,736,948,000,000. (3) Budget outlays.--For purposes of the enforcement of this resolution, the appropriate levels of total budget outlays are as follows: Fiscal year 2025: $4,636,008,000,000. Fiscal year 2026: $4,811,854,000,000. Fiscal year 2027: $5,009,263,000,000. Fiscal year 2028: $5,304,033,000,000. Fiscal year 2029: $5,364,632,000,000. Fiscal year 2030: $5,654,106,000,000. Fiscal year 2031: $5,882,786,000,000. Fiscal year 2032: $6,121,866,000,000. Fiscal year 2033: $6,487,182,000,000. Fiscal year 2034: $6,647,428,000,000. (4) Deficits.--For purposes of the enforcement of this resolution, the amounts of the deficits are as follows: Fiscal year 2025: $936,265,000,000. Fiscal year 2026: $961,632,000,000. Fiscal year 2027: $1,073,837,000,000. Fiscal year 2028: $1,239,653,000,000. Fiscal year 2029: $1,177,366,000,000. Fiscal year 2030: $1,265,422,000,000. Fiscal year 2031: $1,282,320,000,000. Fiscal year 2032: $1,321,278,000,000. Fiscal year 2033: $1,466,642,000,000. Fiscal year 2034: $1,404,891,000,000. (5) Public debt.--Pursuant to section 301(a)(5) of the Congressional Budget Act of 1974 (2 U.S.C. 632(a)(5)), the appropriate levels of the public debt are as follows: Fiscal year 2025: $36,525,094,000,000. Fiscal year 2026: $37,838,733,000,000. Fiscal year 2027: $39,140,384,000,000. Fiscal year 2028: $40,566,455,000,000. Fiscal year 2029: $42,102,586,000,000. Fiscal year 2030: $43,583,333,000,000. Fiscal year 2031: $45,068,345,000,000. Fiscal year 2032: $46,595,036,000,000. Fiscal year 2033: $48,382,716,000,000. Fiscal year 2034: $50,481,979,000,000. (6) Debt held by the public.--The appropriate levels of debt held by the public are as follows: Fiscal year 2025: $29,294,843,000,000. Fiscal year 2026: $30,468,366,000,000. Fiscal year 2027: $31,782,489,000,000. Fiscal year 2028: $33,298,095,000,000. Fiscal year 2029: $34,781,086,000,000. Fiscal year 2030: $36,380,984,000,000. Fiscal year 2031: $38,027,730,000,000. Fiscal year 2032: $39,759,791,000,000. Fiscal year 2033: $41,652,745,000,000. Fiscal year 2034: $43,515,483,000,000. SEC. 1102. MAJOR FUNCTIONAL CATEGORIES. Congress determines and declares that the appropriate levels of new budget authority and outlays for fiscal years 2025 through 2034 for each major functional category are: (1) National Defense (050): Fiscal year 2025: (A) New budget authority, $933,484,000,000. (B) Outlays, $909,629,000,000. Fiscal year 2026: (A) New budget authority, $901,220,000,000. (B) Outlays, $904,412,000,000. Fiscal year 2027: (A) New budget authority, $923,020,000,000. (B) Outlays, $911,956,000,000. Fiscal year 2028: (A) New budget authority, $944,111,000,000. (B) Outlays, $934,660,000,000. Fiscal year 2029: (A) New budget authority, $966,203,000,000. (B) Outlays, $942,419,000,000. Fiscal year 2030: (A) New budget authority, $989,212,000,000. (B) Outlays, $966,361,000,000. Fiscal year 2031: (A) New budget authority, $1,012,715,000,000. (B) Outlays, $984,795,000,000. Fiscal year 2032: (A) New budget authority, $1,036,723,000,000. (B) Outlays, $1,003,888,000,000. Fiscal year 2033: (A) New budget authority, $1,062,319,000,000. (B) Outlays, $1,037,888,000,000. Fiscal year 2034: (A) New budget authority, $1,087,382,000,000. (B) Outlays, $1,054,430,000,000. (2) International Affairs (150): Fiscal year 2025: (A) New budget authority, $65,962,000,000. (B) Outlays, $69,206,000,000. Fiscal year 2026: (A) New budget authority, $61,716,000,000. (B) Outlays, $67,669,000,000. Fiscal year 2027: (A) New budget authority, $62,249,000,000. (B) Outlays, $66,456,000,000. Fiscal year 2028: (A) New budget authority, $63,512,000,000. (B) Outlays, $62,391,000,000. Fiscal year 2029: (A) New budget authority, $64,944,000,000. (B) Outlays, $62,832,000,000. Fiscal year 2030: (A) New budget authority, $66,408,000,000. (B) Outlays, $63,077,000,000. Fiscal year 2031: (A) New budget authority, $67,878,000,000. (B) Outlays, $64,002,000,000. Fiscal year 2032: (A) New budget authority, $69,343,000,000. (B) Outlays, $65,176,000,000. Fiscal year 2033: (A) New budget authority, $70,874,000,000. (B) Outlays, $66,517,000,000. Fiscal year 2034: (A) New budget authority, $72,435,000,000. (B) Outlays, $67,889,000,000. (3) General Science, Space, and Technology (250): Fiscal year 2025: (A) New budget authority, $42,084,000,000. (B) Outlays, $41,734,000,000. Fiscal year 2026: (A) New budget authority, $41,345,000,000. (B) Outlays, $41,844,000,000. Fiscal year 2027: (A) New budget authority, $42,264,000,000. (B) Outlays, $41,923,000,000. Fiscal year 2028: (A) New budget authority, $43,099,000,000. (B) Outlays, $42,198,000,000. Fiscal year 2029: (A) New budget authority, $44,017,000,000. (B) Outlays, $42,887,000,000. Fiscal year 2030: (A) New budget authority, $44,980,000,000. (B) Outlays, $43,633,000,000. Fiscal year 2031: (A) New budget authority, $45,946,000,000. (B) Outlays, $44,551,000,000. Fiscal year 2032: (A) New budget authority, $46,922,000,000. (B) Outlays, $45,486,000,000. Fiscal year 2033: (A) New budget authority, $47,936,000,000. (B) Outlays, $46,460,000,000. Fiscal year 2034: (A) New budget authority, $48,985,000,000. (B) Outlays, $47,466,000,000. (4) Energy (270): Fiscal year 2025: (A) New budget authority, $39,842,000,000. (B) Outlays, $37,587,000,000. Fiscal year 2026: (A) New budget authority, $39,958,000,000. (B) Outlays, $44,514,000,000. Fiscal year 2027: (A) New budget authority, $34,098,000,000. (B) Outlays, $52,768,000,000. Fiscal year 2028: (A) New budget authority, $34,825,000,000. (B) Outlays, $51,623,000,000. Fiscal year 2029: (A) New budget authority, $35,770,000,000. (B) Outlays, $48,582,000,000. Fiscal year 2030: (A) New budget authority, $33,946,000,000. (B) Outlays, $42,596,000,000. Fiscal year 2031: (A) New budget authority, $35,1

Referenced legislation: SCONRES11, SCONRES11, SCONRES13

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Text of Senate Amendment 1717 Congressional Record, Volume 171 Issue 60 (Thursday, April 3, 2025) [Congressional Record Volume 171, Number 60 (Thursday, April 3, 2025)] [Senate] [Pages S2250-S2257] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 1717. Mr. GRAHAM proposed an amendment to the concurrent resolution H. Con. Res. 14, establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034; as follows: Strike all after the resolving clause and insert the following: SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2025. (a) Declaration.--Congress declares that this resolution is the concurrent resolution on the budget for fiscal year 2025 and that this resolution sets forth the appropriate budgetary levels for fiscal years 2026 through 2034. (b) Table of Contents.--The table of contents for this concurrent resolution is as follows: Sec. 1. Concurrent resolution on the budget for fiscal year 2025. TITLE I--RECOMMENDED LEVELS AND AMOUNTS Subtitle A--Budgetary Levels in Both Houses Sec. 1101. Recommended levels and amounts. Sec. 1102. Major functional categories. Subtitle B--Levels and Amounts in the Senate Sec. 1201. Social Security in the Senate. Sec. 1202. Postal Service discretionary administrative expenses in the Senate. TITLE II--RECONCILIATION Sec. 2001. Reconciliation in the House of Representatives. Sec. 2002. Reconciliation in the Senate. TITLE III--RESERVE FUNDS Sec. 3001. Reserve fund for reconciliation legislation. Sec. 3002. Deficit-neutral reserve fund relating to government deregulation. Sec. 3003. Spending reduction reserve fund to save more than $2,000,000,000,000. Sec. 3004. Spending-neutral reserve fund related to current tax policy baseline. TITLE IV--OTHER MATTERS Sec. 4001. Adjustment for spending cuts of at least $2 trillion. [[Page S2251]] Sec. 4002. Enforcement filing. Sec. 4003. Budgetary treatment of administrative expenses. Sec. 4004. Application and effect of changes in allocations, aggregates, and other budgetary levels. Sec. 4005. Adjustments to reflect changes in concepts and definitions. Sec. 4006. Adjustment for changes in the baseline. Sec. 4007. Exercise of rulemaking powers. TITLE V--POLICY STATEMENTS IN THE HOUSE OF REPRESENTATIVES Sec. 5001. Policy statement on economic growth. Sec. 5002. Policy statement on mandatory spending reduction. Sec. 5003. Policy statement on Government deregulation. TITLE I--RECOMMENDED LEVELS AND AMOUNTS Subtitle A--Budgetary Levels in Both Houses SEC. 1101. RECOMMENDED LEVELS AND AMOUNTS. The following budgetary levels are appropriate for each of fiscal years 2025 through 2034: (1) Federal revenues.--For purposes of the enforcement of this resolution: (A) The recommended levels of Federal revenues are as follows: Fiscal year 2025: $3,699,743,000,000. Fiscal year 2026: $3,850,222,000,000. Fiscal year 2027: $3,935,426,000,000. Fiscal year 2028: $4,064,380,000,000. Fiscal year 2029: $4,187,266,000,000. Fiscal year 2030: $4,388,684,000,000. Fiscal year 2031: $4,600,466,000,000. Fiscal year 2032: $4,800,588,000,000. Fiscal year 2033: $5,020,540,000,000. Fiscal year 2034: $5,242,537,000,000. (B) The amounts by which the aggregate levels of Federal revenues should be changed are as follows: Fiscal year 2025: -$150,000,000,000. Fiscal year 2026: -$150,000,000,000. Fiscal year 2027: -$150,000,000,000. Fiscal year 2028: -$150,000,000,000. Fiscal year 2029: -$150,000,000,000. Fiscal year 2030: -$150,000,000,000. Fiscal year 2031: -$150,000,000,000. Fiscal year 2032: -$150,000,000,000. Fiscal year 2033: -$150,000,000,000. Fiscal year 2034: -$150,000,000,000. (2) New budget authority.--For purposes of the enforcement of this resolution, the appropriate levels of total new budget authority are as follows: Fiscal year 2025: $4,663,769,000,000. Fiscal year 2026: $4,795,798,000,000. Fiscal year 2027: $4,933,048,000,000. Fiscal year 2028: $5,216,255,000,000. Fiscal year 2029: $5,375,045,000,000. Fiscal year 2030: $5,667,195,000,000. Fiscal year 2031: $5,915,714,000,000. Fiscal year 2032: $6,191,839,000,000. Fiscal year 2033: $6,530,356,000,000. Fiscal year 2034: $6,736,948,000,000. (3) Budget outlays.--For purposes of the enforcement of this resolution, the appropriate levels of total budget outlays are as follows: Fiscal year 2025: $4,636,008,000,000. Fiscal year 2026: $4,811,854,000,000. Fiscal year 2027: $5,009,263,000,000. Fiscal year 2028: $5,304,033,000,000. Fiscal year 2029: $5,364,632,000,000. Fiscal year 2030: $5,654,106,000,000. Fiscal year 2031: $5,882,786,000,000. Fiscal year 2032: $6,121,866,000,000. Fiscal year 2033: $6,487,182,000,000. Fiscal year 2034: $6,647,428,000,000. (4) Deficits.--For purposes of the enforcement of this resolution, the amounts of the deficits are as follows: Fiscal year 2025: $936,265,000,000. Fiscal year 2026: $961,632,000,000. Fiscal year 2027: $1,073,837,000,000. Fiscal year 2028: $1,239,653,000,000. Fiscal year 2029: $1,177,366,000,000. Fiscal year 2030: $1,265,422,000,000. Fiscal year 2031: $1,282,320,000,000. Fiscal year 2032: $1,321,278,000,000. Fiscal year 2033: $1,466,642,000,000. Fiscal year 2034: $1,404,891,000,000. (5) Public debt.--Pursuant to section 301(a)(5) of the Congressional Budget Act of 1974 (2 U.S.C. 632(a)(5)), the appropriate levels of the public debt are as follows: Fiscal year 2025: $36,525,094,000,000. Fiscal year 2026: $37,838,733,000,000. Fiscal year 2027: $39,140,384,000,000. Fiscal year 2028: $40,566,455,000,000. Fiscal year 2029: $42,102,586,000,000. Fiscal year 2030: $43,583,333,000,000. Fiscal year 2031: $45,068,345,000,000. Fiscal year 2032: $46,595,036,000,000. Fiscal year 2033: $48,382,716,000,000. Fiscal year 2034: $50,481,979,000,000. (6) Debt held by the public.--The appropriate levels of debt held by the public are as follows: Fiscal year 2025: $29,294,843,000,000. Fiscal year 2026: $30,468,366,000,000. Fiscal year 2027: $31,782,489,000,000. Fiscal year 2028: $33,298,095,000,000. Fiscal year 2029: $34,781,086,000,000. Fiscal year 2030: $36,380,984,000,000. Fiscal year 2031: $38,027,730,000,000. Fiscal year 2032: $39,759,791,000,000. Fiscal year 2033: $41,652,745,000,000. Fiscal year 2034: $43,515,483,000,000. SEC. 1102. MAJOR FUNCTIONAL CATEGORIES. Congress determines and declares that the appropriate levels of new budget authority and outlays for fiscal years 2025 through 2034 for each major functional category are: (1) National Defense (050): Fiscal year 2025: (A) New budget authority, $933,484,000,000. (B) Outlays, $909,629,000,000. Fiscal year 2026: (A) New budget authority, $901,220,000,000. (B) Outlays, $904,412,000,000. Fiscal year 2027: (A) New budget authority, $923,020,000,000. (B) Outlays, $911,956,000,000. Fiscal year 2028: (A) New budget authority, $944,111,000,000. (B) Outlays, $934,660,000,000. Fiscal year 2029: (A) New budget authority, $966,203,000,000. (B) Outlays, $942,419,000,000. Fiscal year 2030: (A) New budget authority, $989,212,000,000. (B) Outlays, $966,361,000,000. Fiscal year 2031: (A) New budget authority, $1,012,715,000,000. (B) Outlays, $984,795,000,000. Fiscal year 2032: (A) New budget authority, $1,036,723,000,000. (B) Outlays, $1,003,888,000,000. Fiscal year 2033: (A) New budget authority, $1,062,319,000,000. (B) Outlays, $1,037,888,000,000. Fiscal year 2034: (A) New budget authority, $1,087,382,000,000. (B) Outlays, $1,054,430,000,000. (2) International Affairs (150): Fiscal year 2025: (A) New budget authority, $65,962,000,000. (B) Outlays, $69,206,000,000. Fiscal year 2026: (A) New budget authority, $61,716,000,000. (B) Outlays, $67,669,000,000. Fiscal year 2027: (A) New budget authority, $62,249,000,000. (B) Outlays, $66,456,000,000. Fiscal year 2028: (A) New budget authority, $63,512,000,000. (B) Outlays, $62,391,000,000. Fiscal year 2029: (A) New budget authority, $64,944,000,000. (B) Outlays, $62,832,000,000. Fiscal year 2030: (A) New budget authority, $66,408,000,000. (B) Outlays, $63,077,000,000. Fiscal year 2031: (A) New budget authority, $67,878,000,000. (B) Outlays, $64,002,000,000. Fiscal year 2032: (A) New budget authority, $69,343,000,000. (B) Outlays, $65,176,000,000. Fiscal year 2033: (A) New budget authority, $70,874,000,000. (B) Outlays, $66,517,000,000. Fiscal year 2034: (A) New budget authority, $72,435,000,000. (B) Outlays, $67,889,000,000. (3) General Science, Space, and Technology (250): Fiscal year 2025: (A) New budget authority, $42,084,000,000. (B) Outlays, $41,734,000,000. Fiscal year 2026: (A) New budget authority, $41,345,000,000. (B) Outlays, $41,844,000,000. Fiscal year 2027: (A) New budget authority, $42,264,000,000. (B) Outlays, $41,923,000,000. Fiscal year 2028: (A) New budget authority, $43,099,000,000. (B) Outlays, $42,198,000,000. Fiscal year 2029: (A) New budget authority, $44,017,000,000. (B) Outlays, $42,887,000,000. Fiscal year 2030: (A) New budget authority, $44,980,000,000. (B) Outlays, $43,633,000,000. Fiscal year 2031: (A) New budget authority, $45,946,000,000. (B) Outlays, $44,551,000,000. Fiscal year 2032: (A) New budget authority, $46,922,000,000. (B) Outlays, $45,486,000,000. Fiscal year 2033: (A) New budget authority, $47,936,000,000. (B) Outlays, $46,460,000,000. Fiscal year 2034: (A) New budget authority, $48,985,000,000. (B) Outlays, $47,466,000,000. (4) Energy (270): Fiscal year 2025: (A) New budget authority, $39,842,000,000. (B) Outlays, $37,587,000,000. Fiscal year 2026: (A) New budget authority, $39,958,000,000. (B) Outlays, $44,514,000,000. Fiscal year 2027: (A) New budget authority, $34,098,000,000. (B) Outlays, $52,768,000,000. Fiscal year 2028: (A) New budget authority, $34,825,000,000. (B) Outlays, $51,623,000,000. Fiscal year 2029: (A) New budget authority, $35,770,000,000. (B) Outlays, $48,582,000,000. Fiscal year 2030: (A) New budget authority, $33,946,000,000. (B) Outlays, $42,596,000,000. Fiscal year 2031: (A) New budget authority, $35,1 Referenced legislation: SCONRES11, SCONRES11, SCONRES13