HCONRES 345 · 97th Congress · Economics and Public Finance

A concurrent resolution revising the congressional budget for the United States Government for the fiscal year 1982 and setting forth the congressional budget for the United States Government for the fiscal years 1983, 1984, and 1985.

Introduced 1982-05-17· Sponsored by Rep. Jones, James R. [D-OK-1]· House

Bill Progress

Introduced
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Failed of Passage in House by Yea-Nay Vote: 159 - 265 (Record Vote No: 130).(1982-05-27)

Recorded Votes

FailedHouse · 1982-05-27
Yea 159Nay 265
PassedHouse · 1982-05-27
Yea 159Nay 265

Plain Language Summary

[AI summary unavailable — showing source text] Title I: Revision of the Congressional Budget for the United States Government for the Fiscal Year 1982 - Sets the level of Federal revenues in FY 1982 at $622,800,000,000 and the net amount by which the aggregate level of Federal revenues should be decreased at $200,000,000. States that the level of total budget authority for FY 1982 is $784,500,000,000 and that the level of total budget outlays is $743,900,000,000. Sets forth a budget deficit of $121,100,000,000. States that the level of public debt is $1,147,700,000,000 with an increase of $747,700,000,000 in the statutory limit on such debt. States that the level of total obligations for the principal amount of new direct loans is $63,400,000,000. Sets the level of total new primary commitments to guarantee loan principal at $74,850,000,000 and the level of total new secondary commitments to guarantee loan principal at $68,950,000,000. Sets forth the levels of new budget authority and outlays under each major functional category of the budget for FY 1982. Establishes a Congressional Federal credit budget for fiscal year 1982 with appropriate levels of: (1) new direct loan obligations at $63,400,000,000; (2) new primary loan gua…

Summarized by Claude AI · Non-partisan · For informational purposes only