Fiscal Responsibility, Where Is It? Here we are now and look at our national debt. The following is the Concurrent Resolution on the Budget and here is what Congress did back on January 13, 2017—how they miscalculated! SECTION 1. CONCURRENT RESOLUTION ON THE BUDGET FOR FISCAL YEAR 2017. (a) DECLARATION.—Congress declares that this resolution is the concurrent resolution on the budget for fiscal year 2017 and that this resolution sets forth the appropriate budgetary levels for fiscal years 2018 through 2026. Deficits — For the purposes of the enforcement of this resolution, the amounts of the deficits are as follows:
Fiscal Year (Deficit Projection)
Amount
Fiscal year 2017
$582,574,000,000
Fiscal year 2018
$541,560,000,000
Fiscal year 2019
$673,600,000,000
Fiscal year 2020
$728,659,000,000
Fiscal year 2021
$785,164,000,000
Fiscal year 2022
$897,085,000,000
Fiscal year 2023
$892,854,000,000
Fiscal year 2024
$863,233,000,000
Fiscal year 2025
$946,057,000,000
Fiscal year 2026
$1,008,577,000,000
34
Made with FlippingBook. PDF to flipbook with ease