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Senate Budget Committee

Standing committee
Active United States Senate 119th Congress
History
Formed	1974
Leadership
Chair	Lindsey Graham (R) Since January 3, 2025
Ranking member	Jeff Merkley (D) Since January 3, 2025
Structure
Seats	21
Political parties	Majority (11)  Republican (11) Minority (10)  Democratic (9)  Independent (1)
Jurisdiction
Policy areas	Budgetary policy andprocess,Fiscal policy,Government spending,Public debt,Tax expenditures
Oversight authority	Congressional Budget Office
House counterpart	House Budget Committee
Meeting place
608 Dirksen Senate Office Building Washington, DC 20510
Website
www.budget.senate.gov
Rules
Rules of the Committee on the Budget

TheUnited States Senate Committee on the Budget was established by theCongressional Budget and Impoundment Control Act of 1974. It is responsible for drafting Congress's annualbudget plan and monitoring action on the budget for the Federal Government. The committee has jurisdiction over theCongressional Budget Office. The committee briefly operated as aspecial committee from 1919 to 1920 during the66th Congress, before being made a standing committee in 1974.^[1]

The current Chair isSouth CarolinaSenatorLindsey Graham, and the Ranking Member isOregonSenatorJeff Merkley.

The Budget Committee should not be confused with theFinance Committee and theAppropriations Committee, both of which have different jurisdictions: The Finance Committee is analogous to theWays and Means Committee in theHouse of Representatives; it has legislative jurisdiction in the areas of taxes,Social Security,Medicare,Medicaid and some otherentitlements. The Appropriations Committee has legislative jurisdiction over appropriations bills, which provide funding for government programs.

While the budget resolution prepared by the Budget Committee sets out a broad blueprint for the Congress with respect to the total levels of revenues and spending for the government as a whole, these other Committees prepare bills for specific tax and spending policies.

Source:^[6]

• Official website (Archive)
• Senate Budget Committee. Legislation activity and reports,Congress.gov.
• Committee on the Budget, United States Senate, 1974-2006. Senate Document 109-24. 109th Congress, 2nd session, 2006.

• United States federal budgets
• Committees of the United States Senate
• 1974 establishments in Washington, D.C.
• Organizations established in 1974

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