Summary: S.Con.Res.32 — 94th Congress (1975-1976)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Senate vitiated passage of bill after amendment (05/05/1975)

(Senate vacated its action on 5/1/75)

Sets total budget outlays for fiscal year 1976 at $365,000,000,000; new budget authority at $388,600,000,000; the deficit at $67,200,000,000; and revenues at $297,800,000,000. Estimates that the receipts from leasing of the Outer Continental Shelf for oil exploration will be $4,000,000,000 rather than the $8,000,000,000 estimated in the President's budget.