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Senate Democrat Budget Resolution: How the $3.5 Trillion Is Being Allocated

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Senate Democrats approved a $3.5 trillion budget resolution on Wednesday along party lines.     

Touted as the “human infrastructure” agenda, the bill was passed by a 50-49 vote. The bill now goes to the Democratic-controlled House, which is currently in a recess, with Speaker Nancy Pelosi calling for a return in late August.

Senate Majority leader Chuck Schumer said that the resolution puts us on track to bring a generational transformation to how our economy works for average Americans.

"We promised bold action and we are on track to get it done," Schumer tweeted.

Here are some of the bill’s highlights by the numbers:

  • $726 billion for Health, Education, Labor, and Pensions Committee
  • $107 billion for the Judiciary Committee
  • $332 billion for the Banking, Housing, and Urban Affairs Committee
  • $135 billion for the Agriculture Nutrition and Forestry Committee
  • $83 billion for the Commerce, Science, and Technology Committee
  • $198 billion for the Energy and Natural Resources Committee
  • $37 billion for the Homeland Security and Governmental Affairs Committee
  • $25 billion for the Small Business and Entrepreneurship Committee

With the new proposed spending and Americans continuing to adapt to a post-pandemic economy, it might be worth looking into Ways to Save on Taxes Through Life’s Transitions from our partners at TurboTax.

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