Sets forth budget levels for the fiscal year beginning on July 1, 1975 which include: (1) total budget outlays of $375,600,000,000; (2) new budget authority of $406,200,000,000; (3) a budget deficit of $74,800,000,000; (4) Federal revenues of $300,800,000,000; and (5) a public debt of $623,200,000,000.
Directs the Senate Committee on Finance and the House Committee on Ways and Means to submit to their respective Houses legislation to decrease Federal revenues by $6,400,000,000.
States the budget levels for the transition quarter beginning on July 1, 1976.
House agreed to conference report, roll call #774 (189-187).
Introduced in Senate
Referred to Senate Committee on the Budget.
Reported to Senate from the Committee on the Budget, S. Rept. 94-453.
Reported to Senate from the Committee on the Budget, S. Rept. 94-453.
Call of calendar in Senate.
Measure considered in Senate.
Measure considered in Senate.
Measure indefinitely postponed in Senate, H.Con.Res. 466 passed in lieu.
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