Page:United States Statutes at Large Volume 93.djvu/1462

 93 STAT. 1430

CONCURRENT RESOLUTIONS—NOV. 28, 1979 (18) Allowances (920): (A) New budget authority, - $200,000,000; (B) Outlays, -$200,000,000. (19) Undistributed Offsetting Receipts (950): (A) New budget authority, -$19,700,000,000; (B) Outlays, -$19,700,000,000. SENSE OF THE CONGRESS ON RECONCILIATION SAVINGS

SEC. 3. It is the sense of the Congress that there shall be no Third Budget Resolution or any other revision of the budget figures contained in this Resolution unless justified by significantly changed national or international developments beyond the power of Congress to control and not foreseen in the development of the Second Budget Resolution for fiscal year 1980. Failure to achieve in a timely fashion the savings assumed in the Second Budget Resolution will crowd out funding for other priorities in the budget and may require rescission of already-enacted appropriations to stay within the budget ceilings. Therefore, Congress calls upon the Committees named in the Senate-passed instructions to make the savings assumed within the totals of this Resolution and calls upon all other Committees of the Congress to exercise the maximum restraint in spending and maximum effort toward savings in order that important national priorities will not be crowded out by the failure to make those savings. BUDGET TOTALS FOR FISCAL YEARS 1981 AND 1982

SEC. 4. (a) In order to achieve a balanced budget recommended by the Senate in fiscal years 1981 and 1982, the following budgetary levels are appropriate for fiscal years 1981 and 1982: (1) the recommended level of Federal revenues is as follows: Fiscal year 1981: $610,200,000,000; Fiscal year 1982: $671,800,000,000; and the amount by which the aggregate levels of Federal revenues should be increased or decreased is as follows: Fiscal year 1981: + $10,200,000,000; Fiscal year 1982: -$34,800,000,000; (2) the appropriate level of total new budget authority is as follows: Fiscal year 1981: $664,900,000,000; Fiscal year 1982: $747,600,000,000; (3) the appropriate level of total budget outlays is as follows: Fiscal year 1981: $600,500,000,000; Fiscal year 1982: $653,000,000,000; (4) the amount of the surplus in the budget which is appropriate in light of economic conditions and all other relevant factors is as follows: Fiscal year 1981: $9,700,000,000; Fiscal year 1982: $18,800,000,000; (5) the appropriate level of the public debt is as follows: Fiscal year 1981: $911,200,000,000; Fiscal year 1982: $939,100,000,000; and the amount by which the temporary statutory limit on such debt should be accordingly increased is as follows: Fiscal year 1981: $32,200,000,000; Fiscal year 1982: $60,100,000,000. (b) Based on allocations of the appropriate level of total new budget authority and of total budget outlays for fiscal years 1981 and 1982 as set forth above, the appropriate level of new budget authority and the

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