An original concurrent resolution setting forth the congressional budget for the U.S. Government for the fiscal year 1977 (and revising the congressional budget for the transition quarter beginning July 1, 1976).

Summary

Sets forth the congressional budget for the United States Government for fiscal year 1977. Provides that the appropriate level of total budget outlays is $412,600,000,000; and the appropriate level of total new budget authority is $454,900,000,000. Sets the appropriate deficit level at $50,200,000,000, and the recommended level of Federal revenues at $362,400,000,000. States that the appropriate level of the public debt is $711,500,000,000. Sets forth the appropriate level of new budget authority and the estimated budget outlays for each major functional category including: (1) $113,000,000,000 for National Defense; (2) $9,100,000,000 for International Affairs with outlays of $7,000,000,000; (3) $2,300,000,000 for Agriculture with outlays of $1,900,000,000; (4) $3,300,000,000 for Law Enforcement and Justice with outlays of $3,400,000,000; and (5) $7,300,000,000 for Revenue Sharing and General Purpose Fiscal Assistance with outlays of $7,400,000,000. Declares that for the transition quarter beginning on July 1, 1976, the appropriate level of total budget outlays is $102,200,000,000 and the appropriate level of total new budget authority is $95,800,000,000.

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Documents

2 official files

• Conference report filed in Senate

  summary · EN · 7 May 1976

  Open at official source

• Introduced in Senate

  summary · EN · 1 April 1976

  Open at official source

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