Sec. 101. Recommended levels and amounts
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The following budgetary levels are appropriate for each of fiscal years 2018 through 2027: For purposes of the enforcement of this concurrent resolution: The recommended levels of Federal revenues are as follows: Fiscal year 2018: $2,670,356,000,000. Fiscal year 2019: $2,767,357,000,000. Fiscal year 2020: $2,870,414,000,000. Fiscal year 2021: $2,963,953,000,000. Fiscal year 2022: $3,077,586,000,000. Fiscal year 2023: $3,195,139,000,000. Fiscal year 2024: $3,325,690,000,000. Fiscal year 2025: $3,475,784,000,000.
Fiscal year 2026: $3,642,629,000,000. Fiscal year 2027: $3,811,687,000,000. The amounts by which the aggregate levels of Federal revenues should be changed are as follows: Fiscal year 2018: -$63,213,000,000. Fiscal year 2019: -$66,151,000,000. Fiscal year 2020: -$80,162,000,000. Fiscal year 2021: -$95,958,000,000. Fiscal year 2022: -$105,330,000,000. Fiscal year 2023: -$122,777,000,000. Fiscal year 2024: -$136,738,000,000. Fiscal year 2025: -$146,394,000,000. Fiscal year 2026: -$146,749,000,000.
Fiscal year 2027: -$146,700,000,000. For purposes of the enforcement of this concurrent resolution, the appropriate levels of total new budget authority are as follows: Fiscal year 2018: $3,232,597,000,000. Fiscal year 2019: $3,286,018,000,000. Fiscal year 2020: $3,299,573,000,000. Fiscal year 2021: $3,290,186,000,000. Fiscal year 2022: $3,441,975,000,000. Fiscal year 2023: $3,483,686,000,000. Fiscal year 2024: $3,528,872,000,000. Fiscal year 2025: $3,655,413,000,000. Fiscal year 2026: $3,746,208,000,000.
Fiscal year 2027: $3,824,652,000,000. For purposes of the enforcement of this concurrent resolution, the appropriate levels of total budget outlays are as follows: Fiscal year 2018: $3,164,885,000,000. Fiscal year 2019: $3,265,306,000,000. Fiscal year 2020: $3,283,026,000,000. Fiscal year 2021: $3,323,464,000,000. Fiscal year 2022: $3,441,603,000,000. Fiscal year 2023: $3,467,047,000,000. Fiscal year 2024: $3,497,308,000,000. Fiscal year 2025: $3,620,210,000,000. Fiscal year 2026: $3,727,971,000,000.
Fiscal year 2027: $3,806,792,000,000. For purposes of the enforcement of this concurrent resolution, the amounts of the deficits (on-budget) are as follows: Fiscal year 2018: $494,529,000,000. Fiscal year 2019: $497,949,000,000. Fiscal year 2020: $412,612,000,000. Fiscal year 2021: $359,511,000,000. Fiscal year 2022: $364,017,000,000. Fiscal year 2023: $271,908,000,000. Fiscal year 2024: $171,618,000,000. Fiscal year 2025: $144,426,000,000. Fiscal year 2026: $85,342,000,000. Fiscal year 2027: -$4,895,000,000.
The appropriate levels of debt subject to limit are as follows: Fiscal year 2018: $21,059,756,000,000. Fiscal year 2019: $21,720,619,000,000. Fiscal year 2020: $22,263,387,000,000. Fiscal year 2021: $22,717,657,000,000. Fiscal year 2022: $23,120,068,000,000. Fiscal year 2023: $23,414,924,000,000. Fiscal year 2024: $23,577,205,000,000. Fiscal year 2025: $23,665,687,000,000. Fiscal year 2026: $23,701,446,000,000. Fiscal year 2027: $23,484,672,000,000. The appropriate levels of debt held by the public are as follows:
Fiscal year 2018: $15,399,966,000,000. Fiscal year 2019: $15,971,804,000,000. Fiscal year 2020: $16,477,150,000,000. Fiscal year 2021: $16,920,847,000,000. Fiscal year 2022: $17,371,706,000,000. Fiscal year 2023: $17,720,326,000,000. Fiscal year 2024: $17,949,306,000,000. Fiscal year 2025: $18,156,356,000,000. Fiscal year 2026: $18,299,466,000,000. Fiscal year 2027: $18,345,826,000,000.