The House budget resolution has been introduced and it’s on the House’s docket for this coming week. So we’ve simplified it for you here. That ain’t too hard. The first section of the bill has the most important stuff.

The plan for Fiscal Year 2013 is to raise just over $2 trillion and spend about $2.89 trillion, leaving an increase in “on-budget” debt of $834 billion. That’s about $19,000 per family in taxes, more than $26,500 in spending, and $7,500-plus in new debt.

Now, “on-budget” is something to watch out for. That’s a story Congress tells itself about not being responsible for some of the money that comes in and goes out on a permanent basis. Total federal spending, including “off-budget” spending, is higher than what you see here. They’re just not talking about it.

The president’s budget projects raising about $2.2 trillion and spending about $3.17 trillion, with about $944 billion in new debt. There’s about $650 billion more in off-budget revenues and spending in the president’s budget. Assume a similar amount under the House’s budget. That’s real money, but whatever.

Here’s the first section of the House budget resolution, H. Con. Res. 112. It’s got much more than the summary you see here. It’s got the House Republicans’ vision for the future. Is it your vision for the future? Why or why not? In what way would you change it?

TITLE I–RECOMMENDED LEVELS AND AMOUNTS

SEC. 101. RECOMMENDED LEVELS AND AMOUNTS.

The following budgetary levels are appropriate for each of fiscal years 2013 through 2022:

(1) FEDERAL REVENUES- For purposes of the enforcement of this resolution:

(A) The recommended levels of Federal revenues are as follows:

Fiscal year 2013: $2,058,604,000,000.
Fiscal year 2014: $2,248,773,000,000.
Fiscal year 2015: $2,459,718,000,000.
Fiscal year 2016: $2,627,541,000,000.
Fiscal year 2017: $2,770,342,000,000.
Fiscal year 2018: $2,891,985,000,000.
Fiscal year 2019: $3,021,132,000,000.
Fiscal year 2020: $3,173,642,000,000.
Fiscal year 2021: $3,332,602,000,000.
Fiscal year 2022: $3,498,448,000,000.

(B) The amounts by which the aggregate levels of Federal revenues should be changed are as follows:

Fiscal year 2013: -$234,735,000,000.
Fiscal year 2014: -$302,411,000,000.
Fiscal year 2015: -$356,566,000,000.
Fiscal year 2016: -$388,565,000,000.
Fiscal year 2017: -$423,997,000,000.
Fiscal year 2018: -$460,304,000,000.
Fiscal year 2019: -$497,440,000,000.
Fiscal year 2020: -$534,378,000,000.
Fiscal year 2021: -$574,350,000,000.
Fiscal year 2022: -$617,033,000,000.

(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 2013: $2,793,848,000,000.
Fiscal year 2014: $2,681,566,000,000.
Fiscal year 2015: $2,756,471,000,000.
Fiscal year 2016: $2,888,570,000,000.
Fiscal year 2017: $2,998,681,000,000.
Fiscal year 2018: $3,117,133,000,000.
Fiscal year 2019: $3,290,908,000,000.
Fiscal year 2020: $3,455,514,000,000.
Fiscal year 2021: $3,570,712,000,000.
Fiscal year 2022: $3,780,807,000,000.

(3) BUDGET OUTLAYS- For purposes of the enforcement of this resolution, the appropriate levels of total budget outlays are as follows:

Fiscal year 2013: $2,891,589,000,000.
Fiscal year 2014: $2,769,702,000,000.
Fiscal year 2015: $2,784,233,000,000.
Fiscal year 2016: $2,892,523,000,000.
Fiscal year 2017: $2,977,372,000,000.
Fiscal year 2018: $3,080,794,000,000.
Fiscal year 2019: $3,248,524,000,000.
Fiscal year 2020: $3,398,470,000,000.
Fiscal year 2021: $3,531,790,000,000.
Fiscal year 2022: $3,748,801,000,000.

(4) DEFICITS (ON-BUDGET)- For purposes of the enforcement of this resolution, the amounts of the deficits (on-budget) are as follows:

Fiscal year 2013: -$832,985,000,000.
Fiscal year 2014: -$520,930,000,000.
Fiscal year 2015: -$324,515,000,000.
Fiscal year 2016: -$264,982,000,000.
Fiscal year 2017: -$207,030,000,000.
Fiscal year 2018: -$188,810,000,000.
Fiscal year 2019: -$227,392,000,000.
Fiscal year 2020: -$224,828,000,000.
Fiscal year 2021: -$199,189,000,000.
Fiscal year 2022: -$250,353,000,000.

(5) DEBT SUBJECT TO LIMIT- The appropriate levels of the public debt are as follows:

Fiscal year 2013: $17,072,810,000,000.
Fiscal year 2014: $17,769,762,000,000.
Fiscal year 2015: $18,277,348,000,000.
Fiscal year 2016: $18,752,806,000,000.
Fiscal year 2017: $19,216,661,000,000.
Fiscal year 2018: $19,676,545,000,000.
Fiscal year 2019: $20,168,534,000,000.
Fiscal year 2020: $20,657,588,000,000.
Fiscal year 2021: $21,121,620,000,000.
Fiscal year 2022: $21,627,396,000,000.

(6) DEBT HELD BY THE PUBLIC- The appropriate levels of debt held by the public are as follows:

Fiscal year 2013: $12,261,337,000,000.
Fiscal year 2014: $12,860,706,000,000.
Fiscal year 2015: $13,260,430,000,000.
Fiscal year 2016: $13,597,083,000,000.
Fiscal year 2017: $13,874,203,000,000.
Fiscal year 2018: $14,125,515,000,000.
Fiscal year 2019: $14,417,373,000,000.
Fiscal year 2020: $14,717,285,000,000.
Fiscal year 2021; $15,005,091,000,000.
Fiscal year 2022: $15,363,610,000,000.