Summary: H.Con.Res.218 — 94th Congress (1975-1976)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Conference report filed in House (05/09/1975)

(Conference report filed in House, H. Rept. 94-198)

States the Congress' determination that for fiscal year 1976: (1) the appropriate level of total budget outlays is $367,000,000,000; (2) the appropriate level of total new budget authority is $395,800,000,000; (3) the amount of the deficit in the budget is $68,820,000,000,000; (4) the recommended level of Federal revenues is $298,180,000,000, and the amount by which the aggregate level of Federal revenues should be decreased is $3,400,000; and (5) the appropriate level of the public debt is $617,600,000,000 and the amount by which the temporary statutory limit on such debt should accordingly be increased is $86,600,000,000.