United States · Bill · S
S. 829 (101st)
A bill to provide the President with enhanced rescission authority at such time as the debt of the United States Government held by the public exceeds $2,378,000,000,000.
Introduced
18 April 1989
Last action
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Status
Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977 with instructions that if one Committee reports, the other Committee has thirty days of continuous session to report or be discharged.
Sponsors
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Subjects
Discovery layer
Source updated
14 January 2025
Summary
Amends the Impoundment Control Act of 1974 to authorize the President, whenever the U.S. Government debt is $2,378,000,000,000 or more, to transmit to the Congress a message proposing a rescission of all or part of the budget authority provided in a bill or resolution. Effects any such proposed rescission unless the Congress, within 45 days, completes action on a resolution disapproving it.
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Timeline
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Votes
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Versions
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Documents
2 official files
Introduced in Senate (text)
Introduced in Senate · EN
Introduced in Senate
summary · EN · 18 April 1989
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/101st-congress/senate-bill/829
- Open data entity: https://api.congress.gov/v3/bill/101/s/829