Page:United States Statutes at Large Volume 95.djvu/1774

 95 STAT. 1748

CONCURRENT RESOLUTIONS—MAY 21, 1981

(18) Allowances (920): (A) New direct loan obligations: $0; (B) New primary loan guarantee commitments: $0; (C) New secondary loan guarantee commitments: $0. (19) Undistributed Offsetting Receipts (950): (A) New direct loan obligations: $0; (B) New primary loan guarantee commitments: $0; (C) New secondary loan guarantee commitments: $0. (c) It is the sense of the Congress that the President through administrative actions should limit in fiscal year 1982 total Federal Financing Bank origination of direct loans guaranteed by other Federal agencies to $16,450,000,000; and Federal Financing Bank purchases of loan assets from Federal agencies to $6,530,000,000. It is the further sense of Congress that direct borrowing transactions of Federal agencies should be, to the maximum extent possible, restricted to the Federal Financing Bank. Further, it is the sense of Congress that the President and the Congress, through the appropriations process, should limit in fiscal year 1982 the on-budget lending activity of the Federal Government to a level not to exceed $17,730,000,000: the on-budget lending activity to a level not to exceed $34,200,000,000; new primarv loan guarantee commitments to a level not to exceed $85,090,000,000; and new secondary loan guarantee commitments to a level not to exceed $70,070,000,000. SEC. 204. The Congress sets forth the following budgeting levels for fiscal years 1983 and 1984— (1) the recommended level of Federal revenues is as follows: Fiscal year 1983: $713,200,000,000; Fiscal year 1984: $774,800,000,000; and the net amount by which the aggregate levels of Federal revenues should be decreased is as follows: Fiscal year 1983: $97,100,000,000; Fiscal year 1984: $144,800,000,000; (2) the appropriate level of total new budget authority is as follows: Fiscal year 1983: $813,750,000,000; Fiscal year 1984: $866,450,000,000; (3) the appropriate level of total budget outlays is as follows: Fiscal year 1983: $732,250,000,000; Fiscal year 1984: $773,750,000,000; (4) the amount of the surplus or deficit in the b u ^ e t which is appropriate in light of economic conditions and all other relevant factors is as follows: Fiscal year 1983: -$19,050,000,000; Fiscal year 1984: +$1,050,000,000; and (5) the appropriate level of the public debt is as follows: Fiscal year 1983: $1,137,650,000,000; Fiscal year 1984: $1,176,650,000,000; and the amount by which the statutory limit on such debt should be accordingly increased is as follows: Fiscal year 1983: $57,850,000,000; Fiscal year 1984: $38,950,000,000. SEC. 205. Based on allocations of the appropriate level of total new budget authority and of total budget outlays for fiscal years 1983 and 1984 as set forth above, the appropriate level of new budget authority and the estimated budget outlays for each ms^or functional category are respectively as follows:

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