A concurrent resolution setting forth the congressional budget for the United States Government for the fiscal year 1980.

Sets forth the congressional budget for the United States Government for fiscal year 1980.

States that: (1) the recommended level of Federal revenues is $508,200,000,000, and the amount by which the aggregate level of Federal revenues should be decreased is $6,500,000,000; (2) the appropriate level of total new budget authority is $593,800,000,000; (3) the appropriate level of total budget outlays is $532,400,000,000; (4) the amount of the deficit in the budget which is appropriate in the light of economic conditions and all other relevant factors is $15,200,000,000; and (5) the appropriate level of the public debt is $879,100,000,000, and the amount by which the statutory limit on such debt should accordingly be increased is $49,100,000,000.

Specifies the appropriate levels of new budget authority and the estimated budget outlays for each major functional category.