HCONRES 297 · 99th Congress · Economics and Public Finance
A concurrent resolution setting forth the congressional budget for the United States Government for the fiscal year 1987.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on The Budget.(1986-03-12)
Plain Language Summary
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Sets forth the congressional budget for the Government for FY 1987. Specifies the following budgetary levels for FY 1987: (1) $653,314,000,000 as the recommended level of Federal revenue; (2) $20,000,000,000 as the amount by which the aggregate level of Federal revenue should be increased; (3) $866,421,000,000 as the appropriate level of total new budget authority; (4) $796,256,000,000 as the appropriate level of total budget outlays; (5) $142,942,000,000 as the amount of the deficit in the budget which is appropriate in light of economic conditions and all other relevant factors; (6) $2,307,000,000,000 as the appropriate level of the public debt; (7) $37,503,295,000 as the appropriate level of total new direct loan obligations; and (8) $88,147,100,000 as the appropriate level of total new primary loan guarantee commitments. Specifies the appropriate levels of total new budget authority, budget outlays, Federal revenue, and the deficit, including receipts and disbursements of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, for FY 1987 for purposes of the maximum deficit amount mandated by the Balanced Budget and Emergency Defi…
Summarized by Claude AI · Non-partisan · For informational purposes only