year 2027: −$145,000,000,000. (2) New budget authority For purposes of the enforcement of this resolution, the appropriate levels of total new budget authority are as follows: Fiscal year 2018: $3,136,721,000,000. Fiscal year 2019: $3,220,542,000,000. Fiscal year 2020: $3,319,687,000,000. Fiscal year 2021: $3,344,861,000,000. Fiscal year 2022: $3,501,231,000,000. Fiscal year 2023: $3,563,762,000,000. Fiscal year 2024: $3,607,752,000,000. Fiscal year 2025: $3,753,919,000,000. Fiscal year 2026: $3,851,463,000,000. Fiscal year 2027: $3,942,710,000,000. (3) Budget outlays For purposes of the enforcement of this resolution, the appropriate levels of total budget outlays are as follows: Fiscal year 2018: $3,131,688,000,000. Fiscal year 2019: $3,233,119,000,000. Fiscal year 2020: $3,310,579,000,000. Fiscal year 2021: $3,370,283,000,000. Fiscal year 2022: $3,486,230,000,000. Fiscal year 2023: $3,532,290,000,000. Fiscal year 2024: $3,561,834,000,000. Fiscal year 2025: $3,710,120,000,000. Fiscal year 2026: $3,810,435,000,000. Fiscal year 2027: $3,903,041,000,000. (4) Deficits For purposes of the enforcement of this resolution, the amounts of the deficits are as follows: Fiscal year 2018: $640,752,000,000. Fiscal year 2019: $619,436,000,000. Fiscal year 2020: $555,198,000,000. Fiscal year 2021: $486,902,000,000. Fiscal year 2022: $470,383,000,000. Fiscal year 2023: $370,227,000,000. Fiscal year 2024: $254,886,000,000. Fiscal year 2025: $246,851,000,000. Fiscal year 2026: $155,606,000,000. Fiscal year 2027: $77,857,000,000. (5) Public debt Pursuant to section 301(a)(5) of the Congressional Budget Act of 1974 ( 2 U.S.C. 632(a)(5) ), the appropriate levels of the public debt are as follows: Fiscal year 2018: $21,278,691,000,000. Fiscal year 2019: $22,063,363,000,000. Fiscal year 2020: $22,760,763,000,000. Fiscal year 2021: $23,396,024,000,000. Fiscal year 2022: $23,992,408,000,000. Fiscal year 2023: $24,508,029,000,000. Fiscal year 2024: $24,953,195,000,000. Fiscal year 2025: $25,375,994,000,000. Fiscal year 2026: