HCONRES 113 · 96th Congress · Economics and Public Finance
A concurrent resolution setting forth the congressional budget for the United States Government for the fiscal year 1980.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on the Budget.(1979-04-30)
Plain Language Summary
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Sets forth the congressional budget for the United States Government for fiscal year 1980. States that: (1) the recommended level of Federal revenues is $508,200,000,000, and the amount by which the aggregate level of Federal revenues should be decreased is $6,500,000,000; (2) the appropriate level of total new budget authority is $593,800,000,000; (3) the appropriate level of total budget outlays is $532,400,000,000; (4) the amount of the deficit in the budget which is appropriate in the light of economic conditions and all other relevant factors is $15,200,000,000; and (5) the appropriate level of the public debt is $879,100,000,000, and the amount by which the statutory limit on such debt should accordingly be increased is $49,100,000,000. Specifies the appropriate levels of new budget authority and the estimated budget outlays for each major functional category.…
Summarized by Claude AI · Non-partisan · For informational purposes only