Fiscal year 2026: $175,490,000,000. Fiscal year 2027: $8,143,000,000. Fiscal year 2028: -$98,668,000,000. (5) Debt subject to limit The appropriate levels of debt subject to limit are as follows: Fiscal year 2019: $22,356,469,000,000. Fiscal year 2020: $23,216,315,000,000. Fiscal year 2021: $24,010,615,000,000. Fiscal year 2022: $24,735,181,000,000. Fiscal year 2023: $25,350,001,000,000. Fiscal year 2024: $25,832,181,000,000. Fiscal year 2025: $26,124,404,000,000. Fiscal year 2026: $26,275,988,000,000. Fiscal year 2027: $26,109,909,000,000. Fiscal year 2028: $25,750,525,000,000. (6) Debt held by the public The appropriate levels of debt held by the public are as follows: Fiscal year 2019: $16,568,177,000,000. Fiscal year 2020: $17,363,858,000,000. Fiscal year 2021: $18,125,630,000,000. Fiscal year 2022: $18,869,457,000,000. Fiscal year 2023: $19,512,838,000,000. Fiscal year 2024: $20,026,824,000,000. Fiscal year 2025: $20,412,479,000,000. Fiscal year 2026: $20,614,633,000,000. Fiscal year 2027: $20,645,322,000,000. Fiscal year 2028: $20,560,545,000,000. 102. Major functional categories The Congress determines and declares that the appropriate levels of new budget authority and outlays for fiscal years 2019 through 2028 for each major functional category are: (1) National Defense (050): Fiscal year 2019: (A) New budget authority, $656,500,000,000. (B) Outlays, $633,352,000,000. Fiscal year 2020: (A) New budget authority, $689,121,000,000. (B) Outlays, $655,961,000,000. Fiscal year 2021: (A) New budget authority, $723,190,000,000. (B) Outlays, $689,135,000,000. Fiscal year 2022: (A) New budget authority, $726,804,000,000. (B) Outlays, $709,118,000,000. Fiscal year 2023: (A) New budget authority, $730,442,000,000. (B) Outlays, $711,516,000,000. Fiscal year 2024: (A) New budget authority, $734,111,000,000. (B) Outlays, $713,215,000,000. Fiscal year 2025: (A) New budget authority, $737,806,000,000. (B) Outlays, $722,903,000,000. Fiscal year 2026: (A) New budget authority, $741,523,000,000. (B) Outlays,