Page:United States Statutes at Large Volume 94 Part 3.djvu/1036

 94 STAT. 3680 Nov. 20, 1980

CONCURRENT RESOLUTIONS—NOV. 20, 1980 CONGRESSIONAL BUDGET DETERMINATIONS, FISCAL YEAR 1980

[H. Con. Res. 448]

31 USC 1331.

Resolved by the House of Representatives (the Senate concurring). That the Congress hereby determine and declares, pursuant to section 310(a) of the Congressional Budget Act of 1974, that for the fiscal year beginning on October 1, 1980— (1) the recommended level of Federal revenues is $605,000,000,000; (2) the appropriate level of total budget authority is $694,600,000,000; (3) the appropriate level of total budget outlays is $632,400,000,000; (4) the amount of the deficit in the budget which is appropriate in the light of economic conditions and all other relevant factors is $27,400,000,000; (5) the appropriate level of the public debt is $978,600,000,000 alid the amount by which the statutory limit on such debt should accordingly be increased is $53,600,000,000; and (6) the appropriate level of total gross obligations for the principal amount of direct loans is $73,500,000,000, the appropriate level of total new primary commitments to guarantee loan principal is $82,800,000,000, and the appropriate level of total new secondary commitments to guarantee loan principal is $53,000,000,000. SEC. 2. Based on allocations of the appropriate level of total new budget authority and of total budget outlays as set forth in paragraphs (2) and (3) of the first section of this resolution, the Congress hereby determines and declares pursuant to section 310(a) of the Congressional Budget Act of 1974 that for the fiscal year beginning on October 1, 1980, the appropriate level of new budget outlays authority and the estimated budget outlays for each major functional category are as follows: (1) National Defense (050): (A) New budget authority, $172,700,000,000; (B) Outlays, $159,050,000,000. (2) International Affairs (150): (A) New budget authority, $23,850,000,000; (B) Outlays, $10,500,000,000. (3) General Science, Space, and Technology (250): (A) New budget authority, $6,400,000,000; (B) Outlays, $6,100,000,000. (4) Energy (270): (A) New budget authority, $5,850,000,000; (B) Outlays, $7,800,000,000. (5) Natural Resources and Environment (300): (A) New budget authority, $11,900,000,000; (B) Outlays, $13,100,000,000. (6) Agriculture (350): (A) New budget authority, $5,350,000,000; (B) Outlays, $2,100,000,000. (7) Commerce and Housing Credit (370): (A) New budget authority, $5,250,000,000; (B) Outlays, $950,000,000. (8) Transportation (400): (A) New budget authority, $21,300,000,000; (B) Outlays, $19,700,000,000.

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