United States Senate Committee on the Budget

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Senate Budget Committee

Standing committee
Active United States Senate 118th Congress
History
Formed	1974
Leadership
Chair	Sheldon Whitehouse (D) Since January 3, 2023
Ranking member	Chuck Grassley (R) Since January 3, 2023
Structure
Seats	21
Political parties	Majority (11)   Democratic (10)   Independent (1) Minority (10)   Republican (10)
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.budget.senate.gov
Rules
Rules of the Committee on the Budget

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 Rhode Island Senator Sheldon Whitehouse, and the Ranking Member is Iowa Senator Chuck Grassley.