A concurrent resolution revising the congressional budget for the United States Government for the fiscal year 1981 and setting forth the congressional budget for the United States Government for the fiscal years 1982, 1983, and 1984.

Summary

Title I: Revision of the Congressional Budget for the United States Government for the Fiscal Year 1981 - Recommends a level of Federal revenues in fiscal year 1981 of $610,900,000,000. States that the appropriate level of total budget authority for fiscal year 1981 is $723,000,000,000 and that the appropriate level of total budget outlays is $662,400,000,000. Sets forth a budget deficit of $51,500,000,000. States that the appropriate level of public debt is $994,100,000,000 with an increase of $9,100,000,000 in the statutory limit on such debt. States that the appropriate level of total gross obligations for the principal amount of direct loans is $73,500,000,000. Sets the appropriate level of total new primary commitments to guarantee loan principal at $85,200,000,000 and the appropriate level of total new secondary commitments to guarantee loan principal at $66,200,000,000. Sets forth recommended levels of new budget authority and outlays under each major functional category of the budget for fiscal year 1981. Title II: Setting Forth the Congressional Budget for the United States Government for the Fiscal Years 1982, 1983, and 1984 - Recommends a level of Federal revenues in fiscal year 1982 of $688,950,000,000 with the aggregate level of Federal revenues decreased by $30,450,000,000. States that the appropriate level of new budget authority for fiscal year 1982 is $787,650,000,000. Sets the appropriate level of total budget outlays at $714,550,000,000. Sets forth a budget deficit of $25,600,000,000 in light of economic conditions and all other relevant factors. Sets the appropriate level of the public debt for fiscal year 1982 at $1,060,000,000,000 with an increase of $65,900,000,000 in the statutory limit on such debt. Sets forth recommended levels of new budget authority and outlays under each major functional category of the budget for fiscal year 1982. Establishes a Congressional Federal credit budget for fiscal year 1982 with appropriate levels of: (1) new direct loan obligations at $56,850,000,000; (2) new primary loan guarantee commitments at $87,750,000,000; and (3) new secondary loan guarantee commitments at $68,750,000,000. Sets forth the appropriate levels of total Federal credit activity, new direct loan obligations, new primary loan guarantee commitments, and new secondary loan guarantee commitments for each functional category for fiscal year 1982. Expresses the sense of Congress that the following ceilings should be applied in fiscal year 1982: (1) $23,700,000,000 for off-budget lending activities; (2) $33,150,000,000 for on-budget lending activities; (3) $87,750,000,000 for new primary loan guarantee commitments; and (4) $68,750,000,000 for new secondary loan guarantee commitments. Recommends levels of Federal revenues of $778,250,000,000 in fiscal year 1983 and $864,850,000,000 in fiscal year 1984. States that the appropriate level of new total budget authority for fiscal year 1983 is $865,550,000,000 and $923,250,000,000 for fiscal year 1984. Sets the appropriate level of total budget outlays at $779,500,000,000 in fiscal year 1983 and $839,050,000,000 in fiscal year 1984. Sets the amount of the surplus or deficit in the budget which is appropriate in light of economic conditions at -$1,250,000,000 in fiscal year 1983 and +$25,800,000,000 in fiscal year 1984. Sets the appropriate level of the public debt at $1,094,850,000,000 and $1,096,650,000,000 in fiscal years 1983 and 1984, respectively. Sets forth the increase in the temporary statutory limit on such debt at $34,850,000,000 in fiscal year 1983 and $1,800,000,000 in fiscal year 1984. Sets forth the corresponding levels of new budget authority and outlays for each major functional category of the budget in fiscal years 1983 and 1984. Declares that it is the sense of the Congress that the leadership of both parties should form a bipartisan effort to make a recommendation on indexing reform to be implemented no later than fiscal year 1984. Title III: Providing Reconciliation Instructions and other Enforcement Measures - Requires specified House and Senate committees to recommend program changes in laws within their respective jurisdictions to reduce budget authority and outlays for fiscal years 1982, 1983, and 1984 by specified amounts. Requires such committees, not later than June 15, 1981, to submit their recommendations to the Committees on the Budget of their respective Houses. Requires the Committees on the Budget to report to the House and the Senate a reconciliation bill or resolution or both carrying out all such recommendations without any substantive revision. Prohibits the enrollment of any bill or resolution providing new budget authority for fiscal year 1982 or new spending authority first effective in fiscal year 1982 until after Congress has completed action on the second concurrent resolution on the budget and on any reconciliation legislation required by such resolution, except in the case of any legislation for which a conference report has been filed in either House prior to final adoption by both Houses of this resolution. Declares that it is the sense of the Congress that the Council on Integrity and Efficiency should prepare comprehensive, long-term plans encompassing at a minimum debt collection, procurement procedures, resolution of audit findings, and the other areas of possible budget savings through improved administrative procedures covered by the General Accounting Office report to the House Committee on the Budget, and that necessary legislation to implement such plans be submitted to Congress no later than June 1, 1981.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 16 April 1981

   Reported

   Reported to House by House Committee on The Budget. Report No: 97-23.

   Source: Committee

2. 16 April 1981

   Reported

   Reported to House by House Committee on The Budget. Report No: 97-23.

   Source: Committee

3. 16 April 1981

   Introduced

   Referred to House Committee on The Budget.

   Source: IntroReferral

4. 16 April 1981

   Calendars

   Placed on Union Calendar No: 14.

   Source: Calendars

5. 16 April 1981

   Introduced

   Introduced in House

   Source: IntroReferral

6. 16 April 1981

   Introduced

   Introduced in House

   Source: IntroReferral

7. 29 April 1981

   Floor

   Committee on Rules Granted a Modified Open Rule.

   Source: Floor

8. 30 April 1981

   Floor

   Called up by House by Rule.

   Source: Floor

9. 30 April 1981

   Passed

   Rule Passed House.

   Source: Floor

10. 30 April 1981

    Reported

    Rules Committee Resolution H.Res.134 Reported to House.

    Source: Floor

11. 1 May 1981

    Floor

    Considered by House Unfinished Business.

    Source: Floor

12. 4 May 1981

    Floor

    Considered by House Unfinished Business.

    Source: Floor

13. 5 May 1981

    Floor

    Considered by House Unfinished Business.

    Source: Floor

14. 6 May 1981

    Floor

    Considered by House Unfinished Business.

    Source: Floor

15. 7 May 1981

    Vote

    Resolution Agreed to in House (Amended) by Yea-Nay Vote: 270 - 154 (Record Vote No: 37).

    Source: Floor

16. 7 May 1981

    Vote

    Passed/agreed to in House: Resolution Agreed to in House (Amended) by Yea-Nay Vote: 270 - 154 (Record Vote No: 37).

    Source: Floor

17. 8 May 1981

    Calendars

    Placed on Senate Legislative Calendar under Regular Orders. Calendar No. 83.

    Source: Calendars

18. 8 May 1981

    Introduced

    Received in the Senate.

    Source: IntroReferral

19. 12 May 1981

    ResolvingDifferences

    Senate requests a conference. Appoints conferees. Domenici; Armstrong; Kassebaum; Boschwitz; Hatch; Tower; Andrews; Hollings; Chiles; Biden; Metzenbaum; Exon.

    Source: ResolvingDifferences

20. 12 May 1981

    Vote

    Passed/agreed to in Senate: Resolution agreed to in Senate in lieu of S.CON.RES. 19 with amendments by Yea-Nay Vote. 78-20. Record Vote No: 112.

    Source: Floor

21. 12 May 1981

    Floor

    Considered by Senate.

    Source: Floor

22. 13 May 1981

    Passed

    House Agreed to Request for Conference and Speaker Appointed Conferees: Jones (OK), Simon, Mineta, Mattox, Solarz, Panetta, Gephardt, Hefner, Gramm, Latta, Regula, Shuster, Frenzel, Kemp, Martin (NC).

    Source: ResolvingDifferences

23. 13 May 1981

    Passed

    House Disagreed to Senate Amendments by Unanimous Consent.

    Source: ResolvingDifferences

24. 13 May 1981

    Passed

    Resolving differences -- House actions: House Disagreed to Senate Amendments by Unanimous Consent.

    Source: NotUsed

25. 14 May 1981

    Passed

    Conference committee actions: Conferees agreed to file conference report.

    Source: ResolvingDifferences

26. 14 May 1981

    Passed

    Conferees agreed to file conference report.

    Source: ResolvingDifferences

27. 15 May 1981

    ResolvingDifferences

    Conference Report 97-46 Filed in House.

    Source: ResolvingDifferences

28. 15 May 1981

    ResolvingDifferences

    Conference report filed: Conference report S. Rept. 97-86 filed in Senate by Senator Domenici under the authority of the order of May 13, 81 on the disagreeing votes of the two Houses on the amendments of the Senate.

    Source: ResolvingDifferences

29. 15 May 1981

    ResolvingDifferences

    Conference report S. Rept. 97-86 filed in Senate by Senator Domenici under the authority of the order of May 13, 81 on the disagreeing votes of the two Houses on the amendments of the Senate.

    Source: ResolvingDifferences

30. 20 May 1981

    NotUsed

    Resolving differences -- House actions: House Receded and Concurred With an Amendment in Senate Amendments 156, 158, 161, 163, 164, 169, 170, 174, 177, 179, 182, 190, 191, 199.

    Source: NotUsed

31. 20 May 1981

    ResolvingDifferences

    Conference report considered in Senate.

    Source: ResolvingDifferences

32. 20 May 1981

    ResolvingDifferences

    House Receded and Concurred With an Amendment in Senate Amendments 156, 158, 161, 163, 164, 169, 170, 174, 177, 179, 182, 190, 191, 199.

    Source: ResolvingDifferences

33. 20 May 1981

    Vote

    House Agreed to Conference Report by Yea-Nay Vote: 244 - 155 (Record Vote No: 51).

    Source: ResolvingDifferences

34. 20 May 1981

    Vote

    Conference report agreed to in House: House Agreed to Conference Report by Yea-Nay Vote: 244 - 155 (Record Vote No: 51).

    Source: ResolvingDifferences

35. 21 May 1981

    Vote

    Senate agreed to conference report by Yea-Nay Vote. 76-20. Record Vote No: 126.

    Source: ResolvingDifferences

36. 21 May 1981

    Vote

    Conference report agreed to in Senate: Senate agreed to conference report by Yea-Nay Vote. 76-20. Record Vote No: 126.

    Source: ResolvingDifferences

37. 21 May 1981

    Passed

    Resolving differences -- Senate actions: Senate agreed to House amendments to Senate amendments 156, 158, 161, 163, 164, 169, 170, 174, 177, 179, 182, 190, 191, and 199. By Voice Vote.

    Source: NotUsed

Votes

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

5 official files

• House receded and concurred with amendment

  summary · EN · 20 May 1981

  Open at official source

• Conference report filed in Senate

  summary · EN · 15 May 1981

  Open at official source

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• Passed Senate amended

  summary · EN · 12 May 1981

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• Passed House amended

  summary · EN · 7 May 1981

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• Introduced in House

  summary · EN · 16 April 1981

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Sponsors

• Rep. Jones, James R. [D-OK-1] · D · Sponsor
• · hsbu00 · Standing

Related records

• related to ← A resolution providing for the consideration of the concurrent resolution, H. Con. Res. 115, revising the congressional budget for the United States Government for the fiscal year 1981 and setting forth the congressional budget for the United States Government for the fiscal years 1982, 1983, and 1984.
• related to ← Social Security Amendments of 1981
• related to ← An original concurrent resolution setting forth the recommended Congressional budget for the United States Government for the fiscal years 1982, 1983, and 1984, and revising the Congressional budget for the United States Government for the fiscal year 1981.
• amends ← An amendment in the nature of a substitute to increase defense spending to the requested administration's level for FY '82, FY '83, and FY '84. Defense function authority is increased from 219.6 billion dollars to 226.3 billion dollars with outlay reductions from 189.7 billion dollars to 188.8 billion dollars. The deficit is decreased to 24.7 billion dollars. The amendment, other than the increase in the defense function, is the same as the committee resolution.
• amends ← An amendment in the nature of a substitute to increase budget authority by 6 billion dollars and outlays by 2 billion dollars and to increase revenues by 28.1 billion dollars. It would provide a .5 billion dollar surplus for FY '82 and assumes the Administration's January 1, 1981, request for business tax cuts with a delay in individual tax cuts until 1983. The amendment proposes a revenue floor of 717 billion dollars in FY '82, a net decrease in aggregate revenues of 2.3 billion dollars.
• amends ← An amendment in the nature of a substitute to decrease budget authority by 9.7 billion dollars and outlays by 4.7 billion dollars, and to increase revenues by 28.8 billion dollars. For FY '82 it would provide a 7.8 billion dollar surplus instead of the committee's 35.6 dollar deficit. It assumes a tax cut of 56.5 billion dollars from current policy levels to be offset by revenue increases of 52.2 billion dollars. Defense spending is cut to 196.9 billion dollars. It provides 20.3 billion dollars for income security programs, 4.6 billion dollars for housing programs, and 12.6 billion dollars for education, training, and social services programs. It provides a series of tax cuts and also increases taxes in some areas.
• amends ← An amendment in the nature of a substitute on the previous legislative day to decrease budget authority by 23.1 billion dollars, outlays by 25.7 billion dollars, and revenues by 31.1 billion dollars with a deficit for FY '82 of 31 billion dollars. It assumes a 53.3 billion dollar tax cut. It requires spending reductions of 53.7 billion dollars and 36.6 billion dollars in outlays through the reconciliation process (Committee: 13 billion dollars in budget authority and 15.8 billion dollars in outlays savings by reconciliation.) It recommends a three year 10 percent reduction in marginal tax rates (Committee has a one year reduction). It proposes a capital cost recovery program with accelerated depreciation over 10, 5, and 3 years for most nonresidential property (reducing receipts by 9.7 billion dollars in FY '82).
• amends ← Amendments en bloc substituting the effect of the language agreed to in S. Con. Res. 19.