This budget resolution would implement the reconciliation process and establish a budgetary target for House committees to draft coronavirus (COVID-19) relief legislation that would increase the deficit by a total of $1.9 trillion. It isn’t structured in the same way as a typical budget resolution, which would serve as a fiscal blueprint for the decade, as it is primarily intended to give Congress the ability to use reconciliation for a COVID-19 relief bill. A breakdown of how it would allocate the $1.9 trillion among committees can be found below.
The resolution would set the following deficit increase targets for committees’ reconciliation legislation:
Agriculture: $23 billion
Banking: $89 billion
Commerce: $36 billion
Environment & Public Works: $3 billion
Finance: $1.296 trillion
Foreign Relations: $10 billion
Health, Education, Labor & Pensions: $305 billion
Homeland Security & Governmental Affairs: $51 billion
Indian Affairs: $9 billion
Small Business: $50 billion
Veterans Affairs: $17 billion
The reconciliation directives would total $1.889 trillion.
If adopted by both chambers of Congress, this legislation would allow congressional committees to report legislation to the Budget Committee, which would compile an omnibus reconciliation bill including the provisions that increase the deficit by $1.9 trillion. That bill would have to satisfy reconciliation rules, would be subject to amendment on the floor of each chamber, and could pass the Senate with a simple majority without being subject to the legislative filibuster.