On July 16, 2026, the House Budget Committee passed H.Con.Res. 113, the Concurrent Resolution on the Budget for Fiscal Year 2027. The budget resolution is the first step in the reconciliation process and must be passed by the House and Senate. Resolutions, unlike bills, are not signed by the president.
The budget resolution instructs House committees to recommend changes to laws under their jurisdictions in order to meet fiscal targets outlined in the resolution. The budget resolution does not proscribe specific policy changes, but policymakers’ goals are often known in advance. These goals are noted below. H.Con.Res. 113 directs about $95 billion in new spending under the House Agriculture Committee, Armed Services Committee, Permanent Select Committee on Intelligence and Administration Committee. The package does not include any offsets or government spending reductions.
Spending Power in the Budget Resolution:
- $12 billion for Agriculture Committee for farm relief programs.
- $60 billion for Armed Services Committee for the war in Iran.
- $13 billion for Permanent Select Committee on Intelligence for the war in Iran.
- $10 billion for House Administration for federal voter identification.
Previous suggestions for a third reconciliation bill had included federal debt and deficit reductions, additional changes to the tax code and over $300 billion for Iran war funding. H.Con.Res.113 includes a combined total of $73 billion.
This bill is scheduled for a vote on the House floor on the week of July 20. Its fate in the Senate is uncertain, where incoming Budget Chairman Ron Johnson has made it clear he is interested in offsets for the new spending.
