A concurrent resolution revising the Congressional budget for the United States Government for the fiscal years 1981, 1982, and 1983.

Summary

Sets forth the second concurrent resolution on the budget for fiscal year 1981. Recommends a level of Federal revenues in fiscal year 1981 of $606,700,000,000 with a decrease in aggregate revenues of $400,000,000. States that the appropriate level of total budget authority for fiscal year 1981 is $689,500,000,000 and that the appropriate level of total budget outlays is $631,750,000,000. Sets forth a budget deficit of $25,050,000,000. Recommends a level of public debt at $971,000,000,000 with an increase of $46,000,000,000 in the statutory limit on the public debt. States that the appropriate level of total gross obligations for the principal amount of direct loans is $75,550,000,000. Sets the appropriate level of total commitments to guarantee loan principal at $76,400,000,000. Sets forth recommended levels of new budget authority and outlays under each major fuctional category of the budget for fiscal year 1981. Sets forth the congressional budget for fiscal years 1982 and 1983. Recommends aggregate levels of Federal revenues of $682,100,000,000 in fiscal year 1982 and $778,300,000,000 in fiscal year 1983 with no increase in Federal revenues. States that the appropriate level of new budget authority for fiscal year 1982 is $754,450,000,000 and $821,800,000,000 for fiscal year 1983. Sets the appropriate level of total budget outlays at $695,950,000,000 in fiscal year 1982 and $755,300,000,000 in fiscal year 1983. Recommends a budget deficit of $13,850,000,000 in fiscal year 1982 and a budget surplus of $23,000,000,000 in fiscal year 1983. Sets the appropriate level of the public debt at $1,017,850,000,000 and $1,031,850,000,000 in fiscal years 1982 and 1983 respectively. Recommends an increase in the statutory limit on such debt by $46,850,000,000 in fiscal year 1982 and $24,000,000,000 in fiscal year 1983. Sets forth the corresponding levels of new budget authority and outlays for each major functional category of the budget in fiscal years 1982 and 1983. Expresses the sense of the Congress that a full-scale review of the Budget Act and the Congressional budget process shall be undertaken without delay.

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Timeline

1. 13 November 1980

   Reported

   Reported to House from the Committee on the Budget, H. Rept. 96-1463.

   Source: Committee

2. 13 November 1980

   Reported

   Reported to House from the Committee on the Budget, H. Rept. 96-1463.

   Source: Committee

3. 13 November 1980

   Introduced

   Introduced in House

   Source: IntroReferral

4. 13 November 1980

   Introduced

   Introduced in House

   Source: IntroReferral

5. 18 November 1980

   Vote

   Measure passed House, amended, roll call #640 (203-191).

   Source: Floor

6. 18 November 1980

   Vote

   Passed/agreed to in House: Measure passed House, amended, roll call #640 (203-191).

   Source: Floor

7. 18 November 1980

   Floor

   Measure called up by special rule in House.

   Source: Floor

8. 19 November 1980

   ResolvingDifferences

   Conference report filed in House, H. Rept. 96-1469.

   Source: ResolvingDifferences

9. 19 November 1980

   ResolvingDifferences

   Conference report filed: Conference report filed in House, H. Rept. 96-1469.

   Source: ResolvingDifferences

10. 19 November 1980

    ResolvingDifferences

    Conference scheduled in House.

    Source: ResolvingDifferences

11. 19 November 1980

    ResolvingDifferences

    Conference scheduled in Senate.

    Source: ResolvingDifferences

12. 19 November 1980

    Floor

    Measure called up by unanimous consent in Senate.

    Source: Floor

13. 19 November 1980

    Vote

    Passed/agreed to in Senate: Measure passed Senate, amended, roll call #475 (48-46) in lieu of S.Con.Res. 119.

    Source: Floor

14. 20 November 1980

    Passed

    Conference report agreed to in House: House agreed to conference report.

    Source: ResolvingDifferences

15. 20 November 1980

    Vote

    Senate agreed to conference report, roll call #478 (50-38).

    Source: ResolvingDifferences

16. 20 November 1980

    Vote

    Conference report agreed to in Senate: Senate agreed to conference report, roll call #478 (50-38).

    Source: ResolvingDifferences

17. 20 November 1980

    Passed

    House agreed to conference report.

    Source: ResolvingDifferences

Votes

Versions

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

Documents

4 official files

• Passed Senate amended

  summary · EN · 19 November 1980

  Open at official source

• Conference report filed in House

  summary · EN · 19 November 1980

  Open at official source

• Passed House amended

  summary · EN · 18 November 1980

  Open at official source

• Introduced in House

  summary · EN · 13 November 1980

  Open at official source

Sponsors

• Rep. Giaimo, Robert N. [D-CT-3] · D · Sponsor
• · hsbu00 · Standing

Related records

• related to ← A resolution providing for the consideration of the concurrent resolution (H. Con. Res. 448) revising the congressional budget for the United States Government for the fiscal years 1981, 1982, and 1983.
• related to ← An original concurrent resolution revising the Congressional Budget for the United States Government for the fiscal years 1981, 1982, and 1983.