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

[AI summary unavailable — showing source text] 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 …