H.R.828 - Decrease Spending Now Act

To rescind $45 billion of unobligated discretionary appropriations, and for other purposes. view all titles (2)

All Bill Titles

  • Official: To rescind $45 billion of unobligated discretionary appropriations, and for other purposes. as introduced.
  • Short: Decrease Spending Now Act as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
02/26/13
 
 
 
 
 
 
 

Sponsor

Representative

Tom Price

R-GA

View Co-Sponsors (44)

Official Summary

Decrease Spending Now Act - Rescinds $45 billion of unobligated balances of current discretionary appropriations. Requires the Director of the Office of Management and Budget (OMB) to: (1) determine which appropriation accounts the rescission shall apply to and the amount that each such ac

Official Summary

Decrease Spending Now Act - Rescinds $45 billion of unobligated balances of current discretionary appropriations. Requires the Director of the Office of Management and Budget (OMB) to:
(1) determine which appropriation accounts the rescission shall apply to and the amount that each such account shall be reduced, and
(2) report to the Secretary of the Treasury and Congress a list of the accounts reduced by the rescission, including the amounts rescinded from each such account. Exempts from such rescission the Department of Defense (DOD), the Department of Veterans Affairs (VA), and the Social Security Administration (SSA).

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