House Republicans passed their Fiscal Year 2025 budget resolution, H. Con. Res. 14, setting forth a comprehensive framework for federal spending, revenue projections, and deficit expectations through 2034.
The proposed budget authorizes $5.515 trillion in new budget authority for fiscal year 2025, with an estimated $5.49 trillion in outlays. Despite the significant spending plan, the budget forecasts a $2.08 trillion deficit.
Over the next decade, budget outlays are projected to rise to $7.53 trillion by 2034, with federal revenues expected to increase from $3.4 trillion in 2025 to $5.41 trillion in 2034. However, the deficit remains persistent, averaging nearly $2 trillion per year over the period.
The budget, spearheaded by House Budget Committee Chairman Jodey Arrington (R-TX), seeks to reverse the “reckless spending spree” of the Biden administration, which has driven inflation, increased debt, and weakened national security.
“WOW! House GOP just passed my budget resolution that provides the fiscal framework for what will be one of the most consequential pieces of legislation in modern history and the principal legislative vehicle for delivering on President Donald Trump’s America First agenda,” Arrington wrote on X.
“I’m proud of my colleagues for meeting this moment with the urgency it demands, and I implore the Senate to act quickly so we can deliver on the people’s mandate by restoring fiscal health to our nation, reining in reckless spending, restoring safety and security to our communities, and reigniting economic growth for generations to come.”
WOW! @HouseGOP just passed my budget resolution that provides the fiscal framework for what will be one of the most consequential pieces of legislation in modern history and the principal legislative vehicle for delivering on President @realDonaldTrump’s America First agenda.… pic.twitter.com/6Op0geyOMS
— Rep. Jodey Arrington (@RepArrington) February 26, 2025
Here’s a closer look at the key functions funded under this budget:
1. National Defense
- Budget Authority: $888 billion
- Key Allocations:
- Military personnel training and equipment
- National Nuclear Security Administration
- Counterterrorism efforts
- Objective: Strengthen the U.S. military and bolster national security amid global threats.
2. International Affairs
- Budget Authority: $66 billion
- Key Allocations:
- Foreign aid and humanitarian assistance
- State Department operations
- International financial programs
- Objective: Ensure America’s global leadership while maintaining fiscal oversight.
3. Science, Space, and Technology
- Budget Authority: $42.1 billion
- Key Allocations:
- NASA space exploration
- National Science Foundation research
- Department of Energy’s science programs
- Objective: Maintain U.S. competitiveness in innovation and space exploration.
4. Energy
- Budget Authority: $39.8 billion
- Key Allocations:
- Energy research and nuclear regulation
- Fossil fuel and renewable energy initiatives
- Objective: Unleash American energy dominance while cutting wasteful spending.
5. Natural Resources and Environment
- Budget Authority: $88.2 billion
- Key Allocations:
- EPA regulatory oversight
- National Park Service and conservation programs
- Objective: Balance environmental stewardship with economic growth.
6. Agriculture
- Budget Authority: $58.5 billion
- Key Allocations:
- Farm Service Agency and crop insurance
- Agricultural research and rural development
- Objective: Support farmers and strengthen food security.
7. Commerce and Housing Credit
- Budget Authority: $12.5 billion
- Key Allocations:
- Federal Housing Administration programs
- U.S. Postal Service reforms
- Objective: Improve housing affordability and streamline federal financial agencies.
8. Transportation
- Budget Authority: $173.2 billion
- Key Allocations:
- Federal Highway and Aviation Administration funding
- Public transit and infrastructure development
- Objective: Modernize U.S. transportation infrastructure while curbing excessive spending.
9. Community and Regional Development
- Budget Authority: $87.8 billion
- Key Allocations:
- Disaster relief and rural development
- Community economic programs
- Objective: Strengthen local economies and disaster preparedness.
10. Education, Training, and Social Services
- Budget Authority: $149.3 billion
- Key Allocations:
- K-12 and higher education funding
- Workforce training programs
- Objective: Expand school choice and cut ineffective federal education programs.
11. Medicaid and Other Health Programs
- Budget Authority: $945.1 billion
- Key Allocations:
- Medicaid funding
- Centers for Disease Control (CDC) and NIH research
- Objective: Reform Medicaid to ensure sustainability and reduce fraud.
12. Medicare
- Budget Authority: $950.9 billion
- Key Allocations:
- Medicare Part A (hospital coverage)
- Medicare Part B & D (medical services & prescription drugs)
- Objective: Strengthen Medicare while controlling runaway spending.
13. Income Security
- Budget Authority: $712.4 billion
- Key Allocations:
- Supplemental Nutrition Assistance Program (SNAP)
- Housing assistance
- Objective: Reform entitlement programs to encourage workforce participation.
14. Social Security
- Budget Authority:
- On-budget: $67.3 billion
- Off-budget: $1.5 trillion
- Key Allocations:
- Old-Age and Survivors Insurance (OASI)
- Disability Insurance (DI)
- Objective: Preserve Social Security while addressing its long-term solvency.
15. Veterans Benefits and Services
- Budget Authority: $361.3 billion
- Key Allocations:
- VA medical care and disability compensation
- Housing and education benefits
- Objective: Honor commitments to veterans while improving efficiency.
16. Administration of Justice
- Budget Authority: $83.1 billion
- Key Allocations:
- Border security and immigration enforcement
- FBI, DEA, and DOJ programs
- Objective: Enhance law enforcement and secure the border.
17. General Government
- Budget Authority: $10 billion
- Key Allocations:
- Executive and legislative branch operations
- IRS and federal personnel management
- Objective: Reduce bureaucracy and government waste.
18. Net Interest
- Budget Authority: Estimated $881 billion
- Key Allocations:
- Interest payments on national debt
- Objective: Control interest costs by reducing federal deficits.
You can read the bill below:
The post Breaking Down the GOP-Passed Fiscal Year 2025 Spending Bill: Where the Money Goes – Education, Medicare, Medicaid, Social Security, etc. appeared first on The Gateway Pundit.