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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)
|
Jurisdiction | |
Policy areas | Budgetary policy and process, 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 | |
Rules | |
The United States Senate Committee on the Budget was established by the Congressional Budget and Impoundment Control Act of 1974. It is responsible for drafting Congress's annual budget plan and monitoring action on the budget for the Federal Government. The committee has jurisdiction over the Congressional Budget Office. The committee briefly operated as a special committee from 1919 to 1920 during the 66th Congress, before being made a standing committee in 1974.[1]
The current Chair is South Carolina Senator Lindsey Graham, and the Ranking Member is Oregon Senator Jeff Merkley.