Summary: H.Con.Res.195 — 95th Congress (1977-1978)All Information (Except Text)

Bill summaries are authored by CRS.

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Failed of passage in House (04/27/1977)

(Measure failed of passage in House, roll call #165 (84-320))

Sets forth congressional budget for the United States Government for the fiscal year 1978. States that the recommended level of Federal revenues is $398,094,000,000 and the amount by which the aggregate level of Federal revenues should be decreased is $1,073,000,000. States that the appropriate level of total new budget authority is $501,264,000,000. Establishes the appropriate level of the public debt at $794,468,000,000

Sets forth the appropriate level of new budget authority and the estimated budget outlays for each major functional category.