The Budget Resolution for fiscal 2022 (Senate Concurrent Resolution 14) sets budgetary levels that Congress uses as a guide for its spending bills. The resolution proposes federal outlays of $4.7 trillion, revenues of $3.4 trillion, and a deficit of $1.3 trillion in fiscal 2022. Trillion-dollar deficits are projected for each succeeding year through fiscal 2031, and the public debt is projected to increase from less than $30 trillion at the time of this vote to more than $45 trillion by 2031.
The Senate passed the Budget Resolution on August 11, 2021 by a vote of 50 to 49 (Roll Call 357). We have assigned pluses to the nays because continuing the reckless spending and debt accumulation will result in economic catastrophe, and most federal spending is for programs not authorized by the Constitution.
