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Code · BILL · 115th Congress · S. Con. Res. 36 (Placed on Calendar Senate) — Setting forth the congressional budget for the United States Government for fiscal year 2019 and setting forth the ap... · Sec. 1101

Sec. 1101. Recommended levels and amounts

418 words·~2 min read·/bill/115/sconres/36/pcs/section-1101·

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The following budgetary levels are appropriate for each of fiscal years 2019 through 2028: For purposes of the enforcement of this resolution: The recommended levels of Federal revenues are as follows: Fiscal year 2019: $2,590,000,000,000. Fiscal year 2020: $2,736,000,000,000. Fiscal year 2021: $2,845,000,000,000. Fiscal year 2022: $2,990,000,000,000. Fiscal year 2023: $3,164,000,000,000. Fiscal year 2024: $3,338,000,000,000. Fiscal year 2025: $3,513,000,000,000. Fiscal year 2026: $3,807,000,000,000.
Fiscal year 2027: $4,058,000,000,000. Fiscal year 2028: $4,230,000,000,000. The amounts by which the aggregate levels of Federal revenues should be changed are as follows: Fiscal year 2019: −$1,800,000,000. Fiscal year 2020: −$1,800,000,000. Fiscal year 2021: −$1,800,000,000. Fiscal year 2022: −$1,800,000,000. Fiscal year 2023: −$1,800,000,000. Fiscal year 2024: −$1,800,000,000. Fiscal year 2025: −$1,800,000,000. Fiscal year 2026: −$1,800,000,000. Fiscal year 2027: −$1,800,000,000.
Fiscal year 2028: −$1,800,000,000. For purposes of the enforcement of this resolution, the appropriate levels of total new budget authority are as follows: Fiscal year 2019: $3,474,000,000,000. Fiscal year 2020: $3,233,000,000,000. Fiscal year 2021: $3,070,000,000,000. Fiscal year 2022: $3,086,000,000,000. Fiscal year 2023: $3,049,000,000,000. Fiscal year 2024: $3,018,000,000,000. Fiscal year 2025: $3,068,000,000,000. Fiscal year 2026: $3,097,000,000,000. Fiscal year 2027: $3,127,000,000,000.
Fiscal year 2028: $3,159,000,000,000. For purposes of the enforcement of this resolution, the appropriate levels of total budget outlays are as follows: Fiscal year 2019: $3,151,170,000,000. Fiscal year 2020: $3,119,660,000,000. Fiscal year 2021: $3,088,460,000,000. Fiscal year 2022: $3,057,580,000,000. Fiscal year 2023: $3,027,000,000,000. Fiscal year 2024: $2,996,730,000,000. Fiscal year 2025: $3,026,700,000,000. Fiscal year 2026: $3,056,970,000,000. Fiscal year 2027: $3,087,540,000,000.
Fiscal year 2028: $3,118,410,000,000. For purposes of the enforcement of this resolution, the amounts of the deficits are as follows: Fiscal year 2019: −$708,170,000,000. Fiscal year 2020: −$550,660,000,000. Fiscal year 2021: −$435,460,000,000. Fiscal year 2022: −$290,580,000,000. Fiscal year 2023: −$118,000,000,000. Fiscal year 2024: $49,270,000,000. Fiscal year 2025: $156,300,000,000. Fiscal year 2026: $379,030,000,000. Fiscal year 2027: $555,460,000,000. Fiscal year 2028: $649,590,000,000.
Pursuant to section 301(a)(5) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(a)(5) ), the appropriate levels of the public debt are as follows: Fiscal year 2019: $16,559,000,000,000. Fiscal year 2020: $17,483,000,000,000. Fiscal year 2021: $18,473,000,000,000. Fiscal year 2022: $19,554,000,000,000. Fiscal year 2023: $20,729,000,000,000. Fiscal year 2024: $21,979,000,000,000. Fiscal year 2025: $23,369,000,000,000. Fiscal year 2026: $24,943,000,000,000. Fiscal year 2027: $26,454,000,000,000.
Fiscal year 2028: $27,929,000,000,000. The appropriate levels of debt held by the public are as follows: Fiscal year 2019: $22,278,000,000,000. Fiscal year 2020: $23,223,000,000,000. Fiscal year 2021: $24,196,000,000,000. Fiscal year 2022: $25,199,000,000,000. Fiscal year 2023: $26,320,000,000,000. Fiscal year 2024: $27,544,000,000,000. Fiscal year 2025: $28,854,000,000,000. Fiscal year 2026: $30,435,000,000,000. Fiscal year 2027: $31,792,000,000,000. Fiscal year 2028: $32,985,000,000,000.
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Sec. 1101
Recommended levels and amounts
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