Sec. 1101. Recommended levels and amounts

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The following budgetary levels are appropriate for each of fiscal years 2016 through 2025: For purposes of the enforcement of this concurrent resolution: The recommended levels of Federal revenues are as follows: Fiscal year 2016: $2,676,733,000,000. Fiscal year 2017: $2,776,156,000,000. Fiscal year 2018: $2,870,206,000,000. Fiscal year 2019: $2,982,310,000,000. Fiscal year 2020: $3,107,111,000,000. Fiscal year 2021: $3,247,391,000,000. Fiscal year 2022: $3,392,968,000,000. Fiscal year 2023: $3,554,412,000,000.

Fiscal year 2024: $3,723,973,000,000. Fiscal year 2025: $3,906,111,000,000. The amounts by which the aggregate levels of Federal revenues should be changed are as follows: Fiscal year 2016: $0. Fiscal year 2017: $0. Fiscal year 2018: $0. Fiscal year 2019: $0. Fiscal year 2020: $0. Fiscal year 2021: $0. Fiscal year 2022: $0. Fiscal year 2023: $0. Fiscal year 2024: $0. Fiscal year 2025: $0. For purposes of the enforcement of this concurrent resolution, the appropriate levels of total new budget authority are as follows:

Fiscal year 2016: $3,039,215,000,000. Fiscal year 2017: $2,956,581,000,000. Fiscal year 2018: $2,970,682,000,000. Fiscal year 2019: $3,107,123,000,000. Fiscal year 2020: $3,234,011,000,000. Fiscal year 2021: $3,313,719,000,000. Fiscal year 2022: $3,420,057,000,000. Fiscal year 2023: $3,484,446,000,000. Fiscal year 2024: $3,504,239,000,000. Fiscal year 2025: $3,634,452,000,000. For purposes of the enforcement of this concurrent resolution, the appropriate levels of total budget outlays are as follows:

Fiscal year 2016: $3,091,442,000,000. Fiscal year 2017: $2,982,215,000,000. Fiscal year 2018: $2,963,926,000,000. Fiscal year 2019: $3,086,454,000,000. Fiscal year 2020: $3,205,304,000,000. Fiscal year 2021: $3,291,249,000,000. Fiscal year 2022: $3,434,709,000,000. Fiscal year 2023: $3,470,642,000,000. Fiscal year 2024: $3,466,541,000,000. Fiscal year 2025: $3,610,342,000,000. For purposes of the enforcement of this concurrent resolution, the amounts of the deficits are as follows:

Fiscal year 2016: $414,709,000,000. Fiscal year 2017: $206,059,000,000. Fiscal year 2018: $93,720,000,000. Fiscal year 2019: $104,144,000,000. Fiscal year 2020: $98,193,000,000. Fiscal year 2021: $43,858,000,000. Fiscal year 2022: $41,741,000,000. Fiscal year 2023: −$83,770,000,000. Fiscal year 2024: −$257,432,000,000. Fiscal year 2025: −$295,769,000,000. Pursuant to section 301(a)(5) of the Congressional Budget Act of 1974, the appropriate levels of the public debt are as follows:

Fiscal year 2016: $19,059,000,000,000. Fiscal year 2017: $19,490,000,000,000. Fiscal year 2018: $19,826,000,000,000. Fiscal year 2019: $20,164,000,000,000. Fiscal year 2020: $20,494,000,000,000. Fiscal year 2021: $20,773,000,000,000. Fiscal year 2022: $21,033,000,000,000. Fiscal year 2023: $21,188,000,000,000. Fiscal year 2024: $21,194,000,000,000. Fiscal year 2025: $21,149,000,000,000. The appropriate levels of debt held by the public are as follows: Fiscal year 2016: $13,842,000,000,000.

Fiscal year 2017: $14,124,000,000,000. Fiscal year 2018: $14,307,000,000,000. Fiscal year 2019: $14,523,000,000,000. Fiscal year 2020: $14,757,000,000,000. Fiscal year 2021: $14,965,000,000,000. Fiscal year 2022: $15,204,000,000,000. Fiscal year 2023: $15,354,000,000,000. Fiscal year 2024: $15,374,000,000,000. Fiscal year 2025: $15,405,000,000,000.