April 17, 1978
Page 10320
SENATE CONCURRENT RESOLUTION 80 — ORIGINAL CONCURRENT RESOLUTION REPORTED DURING RECESS SETTING FORTH THE 1979 BUDGET
Mr. MUSKIE,,from the Committee on the Budget, reported the following original concurrent resolution, which was placed on the calendar:
S. Cox. Res. 80
Resolved by the Senate (the House of Representatives concurring), That the Congress hereby determines and declares, pursuant to section 301(a) of the Congressional Budget Act of 1974, that for the fiscal year beginning on October 1, 1978—
(1) the recommended level of Federal revenues is $443,300,000,000 and the amount by which the aggregate level of Federal revenues should be decreased is $29,200,000,000;
(2) the appropriate level of total new budget authority is $566,100,000,000;
(3) the appropriate level of total budget outlays is $498,900,000,000;
(4) the amount of the deficit in the budget which is appropriate in the light of economic conditions and all other relevant factors is $55,600,000,000; and
(5) the appropriate level of the public debt is $853,800,000,000, and the amount by which the statutory limit on such debt should accordingly be increased is $101,800,000,000.
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 301(a) (2) of the Congressional Budget Act of 1974 that, for the fiscal year beginning on October 1, 1978, the appropriate level of new budget authority and the estimated budget outlays for each major functional category are as follows :
(1) National Defense (050) :
(A) New budget authority, $129,800,000,000;
(B) Outlays, $116,600,000,000.
(2) International Affairs (150) :
(A) New budget authority, $12,800,000,000;
(B) Outlays, $7,200,000,000.
(3) General Science, Space, and Technology (250);
(A) New budget authority, $5,200,000,000;
(B) Outlays, $5,000,000,000.
(4) Energy (270);
(A) New budget authority, $10,200,000,000;
(B) Outlays, $10,100,000,000.
(5) Natural Resources and Environment (300);
(A) New budget authority, $13,700,000,000;
(B) Outlays, $12,500,000,000.
(6) Agriculture (350)
(A) New budget authority, $12,400,000,000;
(B) Outlays, $7,800,000,000.
(7) Commerce and Housing Credit (370) :
(A) New budget authority, $5,900,000,000;
(B) Outlays, $3,600,000,000.
(8) Transportation (400):
(A) New budget authority, $19,500,000,000;
(B) Outlays, $17,500,000,000.
(9) Community and Regional Development (450) :
(A) New budget authority, $10,400,000,000;
(B) Outlays, $9,000,000,000.
(10) Education, Training, Employment, and Social Services (500) :
(A) New budget authority, $31,600,000,000;
(B) Outlays, $31,200,000,000.
(11) Health (550) :
(A) New budget authority, $52,700,000,000;
(B) Outlays, $49,500,000,000.
(12) Income Security (600) :
(A) New budget authority, $192,500,000,000;
(B) Outlays, $159,900,000,000.
(13) Veterans Benefits and Services (700):
(A) New budget authority, $21,000,000,000;
(B) Outlays, $20,800,000,000.
(14) Administration of Justice (750):
(A) New budget authority, $4,300,000,000;
(B) Outlays, $4,200,000,000.
(15) General Government (800) :
(A) New budget authority, $4,100,000,000;
(B) Outlays, $4,100,000,000.
(16) General Purpose Fiscal Assistance (850):
(A) New budget authority, $9,700,000,000;
(B) Outlays, $9,600,000,000.
(17) Interest (900):
(A) New budget authority, $46,800,000,000;
(B) Outlays, $46,800,000,000.
(18) Allowances (920) :
(A) New budget authority, $700,000,000;
(B) Outlays, $700,000,000.
(19) Undistributed Offsetting Receipts (950):
(A) New budget authority, —$17,200,-000,000;
(B) Outlays, —$17,200,000,000.