A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2023 and setting forth the appropriate budgetary levels for fiscal years 2024 through 2032.
Summary
Senate Concurrent Resolution 43 was a budget proposal designed to establish a framework for federal spending, revenue, and debt levels for fiscal year 2023 and the following decade through 2032. The resolution aimed to significantly reduce federal deficits by implementing stricter spending limits and proposing long-term adjustments to the federal budget. For the average citizen, this measure would have likely resulted in a reduction of federal funding for various government programs and services in an effort to balance the national budget over a ten-year period. However, the resolution did not move forward, as the Senate rejected a motion to proceed with its consideration in July 2022.
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