June 26 (legislative day, June 24), 2025
Ms. Lummis (for herself and Mr. Scott of Florida) introduced the following bill; which was read twice and referred to the Committee on Appropriations
To rescind amounts appropriated for grants that are not accepted by a State or local government and use the amounts for deficit reduction.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
Section 1. Short title
This Act may be cited as the Pay Down the Debt Act
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Sec. 2. Rescission of grant funds not accepted by States and local governments
(a) In general
If a State or local government does not accept amounts that are to be awarded to the State or local government under a grant from the Federal Government, an amount equal to the amount to be awarded to the State or local government shall be rescinded from the applicable appropriation account.
(b) Use for deficit reduction
Amounts rescinded under subsection (a) shall be deposited in the general fund of the Treasury for the sole purpose of deficit reduction.