Pay Down the Debt Act

Summary

Pay Down the Debt Act This bill rescinds appropriations that were provided for grants that were not accepted by a state or local government. The rescinded funds must be deposited in the Treasury and used for deficit reduction.

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Timeline

1. 26 June 2025

   Introduced

   Read twice and referred to the Committee on Appropriations.

   Source: IntroReferral

2. 26 June 2025

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

2 official files

• Introduced in Senate

  Introduced in Senate · EN · 26 June 2025

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 26 June 2025

  Open at official source

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Sponsors

• Sen. Lummis, Cynthia M. [R-WY] · R · Sponsor
• Sen. Scott, Rick [R-FL] · R · Sponsor
• Sen. McCormick, David [R-PA] · R · Cosponsor
• · ssap00 · Standing

Related records

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