Legislative update: FY 2026 budget resolution does not include tax
Budget resolution does not provide reconciliation instructions to the tax-writing committees.
Chairman of the U.S. Senate Budget Committee Lindsey Graham (R-SC) today introduced the fiscal year (FY) 2026 budget resolution.
The budget resolution, as introduced by the Budget Committee Chairman, does not provide reconciliation instructions to the tax-writing committees (the Senate Finance Committee and the House Ways and Means Committee). Thus, it does not contemplate any tax changes in the subsequent reconciliation bill. The resolution is subject to amendment, but Senate leadership has stated its intention to avoid any amendments.
- Read text of the FY26 congressional budget resolution
- Read a section-by-section description
- See revenue tables