A concurrent resolution revising the congressional budget for the United States Government for fiscal year 1981 and setting forth the congressional budget for the United States Government for fiscal year 1982.

Summary

Revises the Congressional budget for fiscal year 1981 to recommend a level of Federal revenues in fiscal year 1981 of $609,200,000,000. States that the appropriate level of total budget authority for fiscal year 1981 is $725,000,000,000 and that the appropriate level of total budget outlays is $662,300,000,000. Sets forth a budget deficit of $53,200,000. Makes provision for the appropriate level of public debt with an increase in the statutory limit on such debt. Makes provision for the appropriate level of total gross obligations for the principal amount of direct loans and the appropriate level of total commitments to guarantee loan principal. Sets forth recommended levels of new budget authority and outlays under each major functional category of the budget for fiscal year 1981. Recommends a level of Federal revenues in fiscal year 1982 of $677,600,000,000. States that the appropriate level of total budget authority for fiscal year 1982 is $792,300,000,000 and that the appropriate level of total budget outlays is $721,100,000,000. Sets forth a budget deficit for fiscal year 1982 of $43,500,000,000. Makes provision for the appropriate level of public debt with an increase in the statutory limit of such debt. Sets forth recommended levels of new budget authority and outlays under each major functional category of the budget for fiscal year 1982.

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1 official file

• Introduced in House

  summary · EN · 9 April 1981

  Open at official source

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