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).

[AI summary unavailable — showing source text] 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.…