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Rescission Package
At the time of this publication, Congress is working to pass H.R. 4, which rescinds $9.4 billion in unobligated funds that were provided to the Department of State, the U.S. Agency for International Development (USAID), various independent and related agencies, and the Corporation for Public Broadcasting.
The rescissions were proposed by the President under procedures included in the Congressional Budget and Impoundment Control Act of 1974. Under current law, the President may propose rescissions to Congress using specified procedures, and the rescissions must be enacted into law to take effect.
The bill summary, including the specific funds that are potentially being clawed back, can be found here.
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