HCONRES 302 · 99th Congress · Economics and Public Finance
A concurrent resolution setting forth the congressional budget for the United States Government for fiscal years 1987, 1988, and 1989.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on The Budget.(1986-03-20)
Plain Language Summary
[AI summary unavailable — showing source text]
Sets forth the concurrent resolution on the budget for FY 1987 and the appropriate budgetary levels for FY 1988 and 1989. Recommends levels of Federal revenues of $630,600,000,000 for FY 1987, $678,200,000,000 for FY 1988, and $727,300,000,000 for FY 1989. Sets the amounts by which the aggregate levels of Federal revenues should be increased at zero for FY 1987 through 1989. Sets the appropriate levels of total new budget authority at $871,764,000,000 for FY 1987, $859,330,000,000 for FY 1988, and $913,196,000,000 for FY 1989. States that the appropriate levels of total budget outlays are $771,136,000,000 for FY 1987, $752,463,000,000 for FY 1988, and $799,228,000,000 for FY 1989. Sets the amounts of the deficits in the budget which are appropriate in light of economic conditions and all other relevant factors at $140,536,000,000 for FY 1987, $74,263,000,000 for FY 1988, and $71,928,000,000 for FY 1989. Specifies the appropriate levels of total new budget authority, budget outlays, Federal revenues, and deficits, including receipts and disbursements of the Federal Old-Age and Survivors' Insurance Trust Fund and the Federal Disability Insurance Trust Fund, for FY 1987 through 1989 f…
Summarized by Claude AI · Non-partisan · For informational purposes only