Proposed
Bill · 119th Congress · S 2187
Pay Down the Debt Act
Refreshed 5 h ago
Introduced 2025-06-26Topic: budgetSummary
Summary by the Congressional Research ServicePay 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 The rescinded funds must be deposited in the Treasury and used for deficit reduction.
Sponsors
- Cynthia M. Lummis Republican sponsor
- 2 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-06-26 | Senate | Read twice and referred to the Committee on Appropriations. | refer |
| 2025-06-26 | Introduced in Senate | introduce |