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February 2, 2021
2021-0245

Senate budget resolution released

Senate Budget Committee Democrats released an FY2021 budget resolution February 2 that includes reconciliation instructions to 11 separate committees to report recommendations back to the Budget Committee by February 16 totaling roughly $1.9 trillion.

In floor remarks, Majority Leader Chuck Schumer (D-NY) said "There will be a bipartisan open amendment process on the budget resolution this week," perhaps alluding to the "vote-a-rama" that concludes Senate consideration, which is a lengthy series of consecutive roll call votes on amendments offered after debate time has expired.

The House and Senate are planning to vote on the FY2021 budget resolution this week to tee up the budget reconciliation process for President Biden's $1.9 trillion stimulus bill. The move would allow the stimulus bill to pass the Senate with 50 votes plus the tie-breaking vote of the Vice President, rather than be subject to the 60-vote threshold required to overcome a filibuster. That approach may be necessary because Republicans up to this point have not been inclined to back a bill of that magnitude.

Democrats appear poised to hold together their 50 members for reconciliation and have Vice President Harris break the tie. The Hill newspaper on February 2 reported Senator Joe Manchin (D-WV) as saying he will vote in favor of the budget resolution but nonetheless wants the final bill to be targeted. "I will only support proposals that will get us through and end the pain of this pandemic," he said. Manchin also said he does not support a minimum wage increase to $15/hour, saying he wants something more reasonable such as $11/hour.

The amount of deficit increasing recommendations per Senate committee is roughly as follows.

Senate Committee

Amount of deficit increasing recommendations

Finance

$1.3 trillion

Agriculture

$22.7 billion

Banking, Housing & Urban Affairs

$89.25 billion

Commerce, Science & Transportation

$35.9 billion

Environment & Public Works

$3.2 billion

Foreign Relations

$10 billion

Health, Education, Labor & Pensions

$305 billion

Homeland Security & Governmental Affairs

$50.7 billion

Indian Affairs

$8.6 billion

Small business

$50 billion

Veterans Affairs

$17 billion

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