The U.S. Senate Budget Committee has jurisdiction over the Congressional Budget Office. In that position, its roles are to draft the U.S. Congress’ annual budget and to monitor that budget’s implementation.

Under the chairmanship of Senator Sheldon Whitehouse (D-RI), the Committee has held five hearings since the 118th U.S. Congress was seated in January. Four of these hearings have focused on the risks and costs of extreme events and weather such rising seas, wildfires, and hurricanes, with the balance on President Biden’s 2024 Fiscal Year Budget Proposal.