[Federal Register Volume 61, Number 187 (Wednesday, September 25, 1996)]
[Notices]
[Pages 50404-50407]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-24609]


      

[[Page 50403]]


_______________________________________________________________________

Part IV





Office of Management and Budget





_______________________________________________________________________



Cumulative Report on Rescissions and Deferrals; Notice

  Federal Register / Vol. 61, No. 187 / Wednesday, September 25, 1996 / 
Notices  

[[Page 50404]]



OFFICE OF MANAGEMENT AND BUDGET


Cumulative Report on Rescissions and Deferrals

September 1, 1996.
    This report is submitted in fulfillment of the requirement of 
Section 1014(e) of the Congressional Budget and Impoundment Control Act 
of 1974 (Public Law 93-344). Section 1014(e) requires a monthly report 
listing all budget authority for the current fiscal year for which, as 
of the first day of the month, a special message had been transmitted 
to Congress.
    This report gives the status, as of September 1, 1996, of 24 
rescission proposals and six deferrals contained in eight special 
messages for FY 1996. These messages were transmitted to Congress on 
October 19, 1995; and on February 21, February 23, March 5, March 13, 
April 12, May 14, and June 24, 1996.

Rescissions (Attachments A and C)

    As of September 1, 1996, 24 rescission proposals totaling $1.4 
billion had been transmitted to the Congress. Congress approved eight 
of the Administration's rescission proposals in P.L. 104-134. A total 
of $963.4 million of the rescissions proposed by the President was 
rescinded by that measure. Attachment C shows the status of the FY 1996 
rescission proposals.

Deferrals (Attachments B and D)

    As of September 1, 1996, $231.9 million in budget authority was 
being deferred from obligation. Attachment D shows the status of each 
deferral reported during FY 1996.

Information From Special Messages

    The special messages containing information on the rescission 
proposals and deferrals that are covered by this cumulative report are 
printed in the editions of the Federal Register cited below:
    60 FR 55154, Friday, October 27, 1995
    61 FR 8691, Tuesday, March 5, 1996
    61 FR 10812, Friday, March 15, 1996
    61 FR 13350, Tuesday, March 26, 1996
    61 FR 17915, Tuesday, April 23, 1996
    61 FR 26226, Friday, May 24, 1996
    61 FR 34909, Wednesday, July 3, 1996
Franklin D. Raines,
Director.

              Attachment A.--Status of FY 1996 Rescissions              
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                                               Budgetary
                                                               resources
------------------------------------------------------------------------
Rescissions proposed by the President.......................     1,425.9
Rejected by the Congress....................................      -462.5
Amounts rescinded by P.L. 104-134...........................      -963.4
                                                             -----------
Currently before the Congress...............................          -0
------------------------------------------------------------------------


               Attachment B.--Status of FY 1996 Deferrals               
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                                               Budgetary
                                                               resources
------------------------------------------------------------------------
Deferrals proposed by the President.........................     3,689.7
Routine Executive releases through September 1, 1996 (OMB/              
 Agency releases of $3,457.7 million, partially offset by               
 cumulative positive adjustment of $4 thousand.)............            
Overturned by the Congress..................................            
                                                             -----------
Currently before the Congress...............................       231.9
------------------------------------------------------------------------


BILLING CODE 3110-01-P

[[Page 50405]]

[GRAPHIC] [TIFF OMITTED] TN25SE96.005



[[Page 50406]]

[GRAPHIC] [TIFF OMITTED] TN25SE96.003



[[Page 50407]]

[GRAPHIC] [TIFF OMITTED] TN25SE96.004



[FR Doc. 96-24609 Filed 9-24-96; 8:45 am]
BILLING CODE 3110-01-C