A bill to provide authority and discretion to the President over budgetary resources to achieve a balanced budget.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3951 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 3951 To provide authority and discretion to the President over budgetary resources to achieve a balanced budget. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES February 26, 2026 Mr. Scott of Florida introduced the following bill; which was read twice and referred to the Committee on the Budget _______________________________________________________________________ A BILL To provide authority and discretion to the President over budgetary resources to achieve a balanced budget. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Balanced Budget Responsibility Act of 2026''. SEC. 2. AUTHORITY AND DISCRETION OF THE PRESIDENT OVER BUDGETARY RESOURCES TO ACHIEVE A BALANCED BUDGET. (a) Definitions.--In this section-- (1) the term ``budgetary resources''-- (A) has the meaning given that term in section 250(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 900(c)); and (B) includes any discretionary appropriations or direct spending, as defined in such section, available for the applicable fiscal year; (2) the term ``covered budgetary resources'' means any budgetary resources, except for budgetary resources to carry out-- (A) the Medicare program under title XVIII of the Social Security Act (42 U.S.C. 1395 et seq.); or (B) the old-age, survivors, and disability insurance program established under title II of the Social Security Act (42 U.S.C. 401 et seq.); and (3) the term ``deficit'' has the meaning given that term under section 3 of the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C. 622). (b) Budgetary Discretion.--Notwithstanding the Impoundment Control Act of 1974 (2 U.S.C. 681 et seq.), if the Presid