Page:United States Statutes at Large Volume 99 Part 2.djvu/832

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PUBLIC LAW 99-000—MMMM. DD, 1985

99 STAT. 1942

CONCURRENT RESOLUTIONS—AUG. 1, 1985

(4) The amounts of the deficits in the budget which are appropriate in the light of economic conditions and all other relevant factors are as follows: Fiscal year 1985: $209,800,000,000.

-' Fiscal year 1986: $171,900,000,000. Fiscal year 1987: $154,700,000,000. Fiscal year 1988: $112,900,000,000. (5) The appropriate levels of the public debt are as follows: Fiscal year 1985: $1,847,800,000,000. Fiscal year 1986: $2,078,700,000,000. Fiscal year 1987: $2,301,900,000,000. Fiscal year 1988: $2,507,000,000,000. and the amounts by which the statutory limits on such debt should be accordingly increased are as follows: Fiscal year 1985: $24,000,000,000. Fiscal year 1986: $230,900,000,000. Fiscal year 1987: $223,200,000,000. Fiscal year 1988: $205,100,000,000. (6) The appropriate levels of total Federal credit activity for the fiscal years beginning on October 1, 1984, October 1, 1985, October 1, 1986, and October 1, 1987, are as follows: Fiscal year 1985: (A) New direct loan obligations, $52,850,000,000. (B) New primary loan guarantee commitments, $69,350,000,000. (C) New secondary lean guarantee commitments, $68,200,000,000. Fiscal year 1986: (A) New direct loan obligations, $34,400,000,000. (B) New primary loan guarantee commitments, $80,150,000,000. (C) New secondary loan guarantee commitments, $68,200,000,000. Fiscal year 1987: (A) New direct loan obligations, $32,150,000,000. (B) New primary loan guarantee commitments, $79,050,000,000. (C) New secondary loan guarantee commitments, $68,200,000,000. Fiscal year 1988: (A) New direct loan obligations, $31,400,000,000. (B) New primary loan guarantee commitments, $84,000,000,000. (C) New secondary loan guarantee commitments, $68,200,000,000. 0)) The Congress hereby determines and declares the appropriate levels of budget authority and budget outlays, and the appropriate levels of new direct loan obligations, new primary loan guarantee commitments, and new secondary loan guarantee commitments for fiscal years 1985 through 1988 for each major functional category are: (1) National Defense (050): Fiscal year 1985: (A) New budget authority, $292,600,000,000. (B) Outlays, $249,400,000,000. (C) New direct loan obligations, $0. (D) New primary loan guarantee commitments, $0. (E) New secondary loein guarantee commitments, $0.