The priority of projects is being considered within two funding scenarios from the Department of Energy (DOE) and the National Science Foundation (NSF). The first, which was described by physicists as "grim", envisions a 2% increase per year of the high energy physics budgets for DOE and NSF. The second assumes full funding from the 2022 CHIPS And Science Act and a 3% increase per year to DOE and NSF HEP. P5 is asked to consider operating costs, including the rising cost of energy to run accelerators.