the Republican Study Committee’s (RSC) fiscal year (FY) 2026 budget, which balances the federal budget within 10 years by returning federal spending to pre-COVID-era levels
Balance the federal budget within 10 years by returning federal spending to pre-COVID-era levels.
Occurrences
Burlison backed an RSC budget that balances within 10 years by returning federal spending to pre-COVID-era levels.
Evidence
The April 2026 update reports FY2026-to-date net outlays of $4.27359 trillion, net receipts of $3.32002 trillion, and a $953.57 billion deficit. It also cites CBO forecasts of deficits in FY2026, FY2027, and FY2028.
CBO projects a $1.9 trillion federal deficit in FY2026, growing to $3.1 trillion in 2036. It projects FY2026 outlays of $7.4 trillion and revenues of $5.6 trillion.
Treasury and OMB reported FY2019 actual receipts of $3.462 trillion, outlays of $4.447 trillion, and a $984 billion deficit.
Burlison chaired a roundtable on reducing the national debt, called the fiscal trajectory unsustainable, said federal spending had shifted into overdrive since COVID, and said the Oversight Committee had passed twelve bills to reduce waste and fraud.
Burlison and colleagues asked DOT and OMB to investigate federal funding to NASEM and urged consideration of suspension or debarment from federal funding. The letter states DOT provided $84 million in contracts or grants to NASEM in 2024.
Congress.gov lists Burlison as sponsor, shows the resolution was introduced and referred to House Judiciary, and shows status as Introduced. The text would require total outlays not to exceed total receipts except under specified debt rules.
Burlison welcomed the RSC FY2026 budget and said it balances the federal budget within 10 years by returning spending to pre-COVID-era levels. His office said the budget incorporated several bills he sponsored.
Burlison and Senator Mike Lee introduced the Davis-Bacon Repeal Act. Burlison's office cited a CBO estimate that repeal would save $17.8 billion in federal spending between 2025 and 2034.
Assessments
Federal fiscal data and CBO projections show the budget is not balanced and current-law deficits persist through the 10-year window, with outlays far above FY2019 pre-COVID levels. Burlison sponsored or backed relevant budget and spending-cut measures, including a balanced-budget amendment and RSC budget priorities, but none delivered the promised federal outcome.