S 2187
119th Congress
Senate
In Committee
Pay Down the Debt Act
Latest action: Read twice and referred to the Committee on Appropriations. · Jun 26, 2025
View full text on Congress.gov ↗ Policy area: Economics and Public Finance
Legislative 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 The rescinded funds must be deposited in the Treasury and used for deficit reduction.
Source: Congressional Research Service (CRS).
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Cosponsors (1)
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