of this concurrent resolution, the appropriate levels of total new budget authority are as follows: Fiscal year 2018: $3,232,597,000,000. Fiscal year 2019: $3,286,018,000,000. Fiscal year 2020: $3,299,573,000,000. Fiscal year 2021: $3,290,186,000,000. Fiscal year 2022: $3,441,975,000,000. Fiscal year 2023: $3,483,686,000,000. Fiscal year 2024: $3,528,872,000,000. Fiscal year 2025: $3,655,413,000,000. Fiscal year 2026: $3,746,208,000,000. Fiscal year 2027: $3,824,652,000,000. (3) Budget outlays For purposes of the enforcement of this concurrent resolution, the appropriate levels of total budget outlays are as follows: Fiscal year 2018: $3,164,885,000,000. Fiscal year 2019: $3,265,306,000,000. Fiscal year 2020: $3,283,026,000,000. Fiscal year 2021: $3,323,464,000,000. Fiscal year 2022: $3,441,603,000,000. Fiscal year 2023: $3,467,047,000,000. Fiscal year 2024: $3,497,308,000,000. Fiscal year 2025: $3,620,210,000,000. Fiscal year 2026: $3,727,971,000,000. Fiscal year 2027: $3,806,792,000,000. (4) Deficits (on-budget) For purposes of the enforcement of this concurrent resolution, the amounts of the deficits (on-budget) are as follows: Fiscal year 2018: $494,529,000,000. Fiscal year 2019: $497,949,000,000. Fiscal year 2020: $412,612,000,000. Fiscal year 2021: $359,511,000,000. Fiscal year 2022: $364,017,000,000. Fiscal year 2023: $271,908,000,000. Fiscal year 2024: $171,618,000,000. Fiscal year 2025: $144,426,000,000. Fiscal year 2026: $85,342,000,000. Fiscal year 2027: -$4,895,000,000. (5) Debt subject to limit The appropriate levels of debt subject to limit are as follows: Fiscal year 2018: $21,059,756,000,000. Fiscal year 2019: $21,720,619,000,000. Fiscal year 2020: $22,263,387,000,000. Fiscal year 2021: $22,717,657,000,000. Fiscal year 2022: $23,120,068,000,000. Fiscal year 2023: $23,414,924,000,000. Fiscal year 2024: $23,577,205,000,000. Fiscal year 2025: $23,665,687,000,000. Fiscal year 2026: $23,701,446,000,000. Fiscal year 2027: $23,484,672,000,000. (6) Debt held by the public The appropriate levels of debt