A concurrent resolution setting forth the congressional budget for the United States Government for the fiscal years 1987, 1988, and 1989.

[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. Specifies levels and amounts of Federal revenues, new budget authority, budget outlays, and deficits for FY 1987 through 1989 for purposes of determining whether the maximum deficit amounts set forth in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) have been exceeded. Recommends levels of Federal revenues of $643,850,000,000 for FY 1987, $700,550,000,000 for FY 1988, and $750,750,000,000 for FY 1989. Sets the amounts by which the aggregate levels of Federal revenues should be increased at $10,700,000,000 for FY 1987, $17,400,000,000 for FY 1988, and $17,700,000,000 for FY 1988 and the portions of such amounts to be used to reduce the deficits below the maximum deficit amounts at $4,700,000,000 for FY 1987, $11,200,000,000 for FY 1988, and $10,500,000,000 for FY 1989. Designates the following amounts of Federal revenues for Federal Insurance Contributions Act revenues: (1) $55,700,000,000 for FY 1987; (2) $60,150,000,000 for FY 1988; and (3) $64,250,000,000 for FY 1989. Sets the appropriate levels of total new budget au…