HCONRES 728 · 94th Congress · Economics and Public Finance
A resolution revising the congressional budget for the U.S. Government for the fiscal year 1977.
Bill Progress
✓
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Measure laid on table in House, S. Con. Res. 139 passed in lie.(1976-09-09)
Recorded Votes
PassedHouse · 1976-09-09
Yea 227Nay 151
PassedHouse · 1976-09-09
Yea 227Nay 151
Plain Language Summary
[AI summary unavailable — showing source text]
Sets forth the congressional budget for the United States Government for the fiscal year 1977. Provides that the recommended level of Federal revenues is $362,500,000,000, and the amount by which the aggregate level of Federal revenues should be decreased is $15,300,000,000. States that the appropriate level of total new budget authority is $452,583,000,000. Sets forth the appropriate level of total budget outlays at $413,240,000,000. Defines the amount of deficit in the budget which is appropriate in the light of economic conditions and all other relevant factors to be $50,740,000,000. Sets the appropriate level of the public debt at $700,000,000,000. Declares that for the fiscal year beginning on October 1, 1976, the appropriate level of new budget authority and the estimated budget outlays for each major functional category will include: (1) $112,086,000,000 for national defense with outlays of $100,606,000,000; (2) $8,770,000,000 for international affairs with outlays of $6,763,000,000; (3) $4,595,000,000 for general science, space, and technology with outlays of $4,505,000,000; (4) $17,923,000,000 for natural resources, environment, and energy, with outlays of $16,227,000,000;…
Summarized by Claude AI · Non-partisan · For informational purposes only