Concurrent resolution revising the congressional budget for the U.S. Government for the fiscal year 1977.

Sets forth the congressional budget for the United States Government for the year 1977. Provides that the recommended level of Federal revenues is $347,096,000,000 and the amount by which the aggregate level of Federal revenues should be decreased is $19,000,000,000. States that the appropriate level of total new budget authority is $440,662,000,000. Establishes the appropriate level of the public debt at $708,000,000,000.

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