[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[S. 1323 Introduced in Senate (IS)]

111th CONGRESS
  1st Session
                                S. 1323

To rescind ARRA funds rejected by State Governors and local governments 
   and return them to the Treasury to reduce the national debt to be 
                    inherited by future generations.


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                   IN THE SENATE OF THE UNITED STATES

                             June 23, 2009

 Mr. Vitter (for himself, Mr. Inhofe, Mr. Bunning, Mr. Brownback, and 
  Mr. Ensign) introduced the following bill; which was read twice and 
              referred to the Committee on Appropriations

_______________________________________________________________________

                                 A BILL


 
To rescind ARRA funds rejected by State Governors and local governments 
   and return them to the Treasury to reduce the national debt to be 
                    inherited by future generations.

    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 ``Want Not, Waste Not Act''.

SEC. 2. PURPOSE.

    The purpose of this Act is to ensure that any stimulus funding, 
which is rejected by the Governor of a State or a local government 
because it was not needed, is returned to the Treasury to reduce the 
national debt to be inherited by future generations.

SEC. 3. RESCISSION.

    There are rescinded any amounts rejected by the Governor of a State 
or a local government from amounts apportioned to that State under 
Public Law 111-5.
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