[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 379 Introduced in Senate (IS)]
113th CONGRESS
1st Session
S. 379
To rescind $45 billion of unobligated discretionary appropriations, and
for other purposes.
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IN THE SENATE OF THE UNITED STATES
February 26, 2013
Mr. Rubio (for himself, Ms. Ayotte, Mr. Blunt, Mr. Isakson, Mr. Johnson
of Wisconsin, Mr. Lee, Mr. McCain, Mr. Risch, Mr. Thune, and Mr.
Vitter) introduced the following bill; which was read twice and
referred to the Committee on the Budget
_______________________________________________________________________
A BILL
To rescind $45 billion of unobligated discretionary appropriations, and
for other purposes.
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 ``Decrease Spending Now Act''.
SEC. 2. RESCISSION OF UNOBLIGATED DISCRETIONARY APPROPRIATIONS.
(a) In General.--Of the unobligated balances of discretionary
appropriations on the date of enactment of this Act, $45,000,000,000 is
rescinded.
(b) Implementation.--
(1) In general.--The Director of the Office of Management
and Budget shall determine which appropriation accounts the
rescission under subsection (a) shall apply to and the amount
that each such account shall be reduced by pursuant to such
rescission.
(2) Report.--Not later than 60 days after the date of the
enactment of this Act, the Director of the Office of Management
and Budget shall submit a report to the Secretary of the
Treasury and Congress listing the accounts reduced by the
rescission in subsection (a) and the amounts rescinded from
each such account.
(c) Exceptions.--The rescission under subsection (a) shall not
apply to the Department of Defense, the Department of Veterans Affairs,
or the Social Security Administration.
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