A concurrent resolution setting forth the congressional budget for the United States Government for Fiscal Year 1981.

Summary

Sets forth the congressional budget for the United States Government for fiscal year 1981. Recommends a level of Federal revenues in fiscal year 1981 of $599,900,000,000. Sets the appropriate level of new budget authority at $681,300,000,000 and total budget outlays at $597,800,000,000. States that a budget surplus of $2,100,000,000 would be appropriate in fiscal year 1981 in light of economic conditions. Establishes $921,200,000,000 as the appropriate level of the public debt in fiscal year 1981. Sets the appropriate level of total gross obligations for the principal amount of direct loans at $60,600,000,000. Recommends a ceiling of $79,600,000,000 on total commitments to guarantee loan principal in fiscal year 1981.

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1 official file

• Introduced in House

  summary · EN · 1 April 1980

  Open at official source

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