II 111th CONGRESS 1st Session S. 834 IN THE SENATE OF THE UNITED STATES April 20, 2009 Mr. Sessions introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To require that funding for Federal departments and agencies and programs that remain available at the end of a fiscal year shall be used to pay down the Federal debt.

1.

Payment towards the debt

If any funds remain at the end of a fiscal year appropriated for an agency or department or for an authorized program that has been carried out, the Secretary of the Treasury shall use those remaining funds to pay down the Federal debt.

2.

Report to Congress

If a department or agency returns funds described in section 2 and not later than 90 days after the end of the fiscal year, the department or agency shall submit a report to the committees of jurisdiction in both Houses of Congress and the Committees on the Budget of the House and the Senate detailing— (1)how the money was saved; and (2)possibilities for future savings in that program.