United States · Bill · S
S. 726 (112th)
Decrease Spending Now Act
Introduced
5 April 2011
Last action
—
Status
Read twice and referred to the Committee on the Budget.
Sponsors
—
Subjects
Discovery layer
Source updated
5 December 2025
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to the Secretary of the Treasury and Congress a list of the accounts reduced by the rescission, including the amounts rescinded from each such account.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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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 5 April 2011
Introduced in Senate (PDF)
Introduced in Senate · EN · 5 April 2011
Introduced in Senate
summary · EN · 5 April 2011
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/112th-congress/senate-bill/726
- Open data entity: https://api.congress.gov/v3/bill/112/s/726