A concurrent resolution revising the congressional budget for the United States Government for the fiscal year 1979.

Sets forth the congressional budget for the United States Government for fiscal year 1979. States that the recommended level of of Federal revenues is $447,200,000,000 and the appropriate level of total budget outlays is $489,500,000,000. States that the amount by which the aggregate level of Federal revenues should be decreased is $23,400,000,000, and the appropriate level of total new budget authority is $557,700,000,000. Establishes the appropriate level of public debt at $839,500,000,000.

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