Page:United States Statutes at Large Volume 93.djvu/1465

 CONCURRENT RESOLUTIONS—NOV. 28, 1979

93 STAT. 1433

Fiscal year 1982: (A) New budget authority, $62,300,000,000; (B) Outlays, $62,300,000,000. (18) Allowances (920): Fiscal year 1981: (A) New budget authority, $0; (B) Outlays, $0. Fiscal year 1982: (A) New budget authority, $100,000,000; (B) Outlays, $100,000,000. (19) Undistributed Offsetting Receipts (950): Fiscal year 1981: (A) New budget authority, -$21,500,000,000; (B) Outlays, -$21,500,000,000. Fiscal year 1982: (A) New budget authority, -$23,900,000,000; (B) Outlays, -$23,900,000,000. SEC. 5. The House projects the following budget aggregates for fiscal years 1981 and 1982, based on the policies assumed in sections (1) and (2) above: (1) The level of Federal revenues is as follows: Fiscal year 1981: $603,200,000,000; Fiscal year 1982: $703,400,000,000. (2) The level of total new budget authority is as follows: Fiscal year 1981: $668,137,000,000; Fiscal year 1982: $730,318,000,000. (3) The level of total budget outlays is as follows: Fiscal year 1981: $602,699,000,000; Fiscal year 1982: $655,869,000,000. (4) The amount of surplus in the budget is as follows: Fiscal year 1981: $501,000,000; Fiscal year 1982: $47,531,000,000. (5) The level of the public debt is as follows: Fiscal year 1981: $921,900,000,000; Fiscal year 1982: $920,400,000,000. GENERAL PROVISIONS

SEC. 6. (a) In 1980, each standing committee of the House of Representatives having jurisdiction over entitlement programs shall include in its March 15 report to the Budget Committee of the House of Representatives specific recommendations as to what changes, if any, would be appropriate in the funding mechanisms of such programs to enable Congress to exercise more fiscal control over expenditures mandated by these entitlements. Within a reasonable period of time after March 15, 1980, the Budget Committee of the House of Representatives shall submit to the House such recommendations as it considers appropriate based on such reports. (b) The Congress reaffirms its commitment to find a way within the congressional budget process to relate accurately the outlays of offbudget Federal entities to the budget. The Congress recognizes that by law the outlays of off-budget Federal entities are not reflected in the budget totals, and that in fiscal year 1980, off-budget outlays (and, hence, the off-budget deficit) are estimated to be $16,000,000,000. Agreed to November 28, 1979.

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