[Federal Register Volume 62, Number 52 (Tuesday, March 18, 1997)]
[Notices]
[Pages 12864-12866]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-6704]


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OFFICE OF MANAGEMENT AND BUDGET


Cumulative Report on Rescissions and Deferrals

March 1, 1997.
    This report is submitted in fulfillment of the requirement of 
Section 1014(e) of the Congressional Budget and Impoundment Control Act 
of 1974 (Pub. L. 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 March 1, 1997, of nine 
rescission proposals and seven deferrals contained in two special 
messages for FY 1997. These messages were transmitted to Congress on 
December 4, 1996, and on February 10, 1997.

Rescissions (Attachments A and C)

    As of March 1, 1997, nine rescission proposals totaling $397 
million had been transmitted to the Congress. Attachment C shows the 
status of the FY 1997 rescission proposals.

Deferrals (Attachments B and D)

    As of March 1, 1997, $3,420 million in budget authority was being 
deferred from obligation. Attachment D shows the status of each 
deferral reported during FY 1997.

Information From Special Messages

    The special messages containing information on the rescission 
proposals and deferrals that are covered by this cumulative report is 
printed in the editions of the Federal Register cited below:

61 FR 66172, Monday, December 16, 1996
62 FR 8045, Friday, February 21, 1997
Franklin D. Raines,
Director.

              Attachment A.--Status of FY 1997 Rescissions              
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                                              Budgetary 
                                                              resources 
------------------------------------------------------------------------
Rescissions proposed by the President......................       $397.1
Rejected by the Congress...................................             
Amounts rescinded..........................................             
                                                            ------------
    Currently before the Congress..........................        397.1
------------------------------------------------------------------------


               Attachment B.--Status of FY 1997 Deferrals               
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                                              Budgetary 
                                                              resources 
------------------------------------------------------------------------
Deferrals proposed by the President........................     $3,544.3
Routine Executive releases through March 1, 1997 (OMB/                  
 Agency releases of $124.3 million.).......................       -124.3
Overturned by the Congress.................................             
                                                            ------------
    Currently before the Congress..........................      3,420.0
------------------------------------------------------------------------


                                       Attachment C.--Status of FY 1997 Rescission Proposals--As of March 1, 1997                                       
                                                            [Amounts in thousands of dollars]                                                           
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                                                                     Amounts pending before                                                             
                                                                            Congress                     Previously                                     
          Agency/Bureau/Account               Rescission number    --------------------------  Date of    withheld   Date made    Amount   Congressional
                                                                     Less than    More than    message    and made   available  rescinded      action   
                                                                      45 days      45 days                available                                     
--------------------------------------------------------------------------------------------------------------------------------------------------------
        DEPARTMENT OF AGRICULTURE                                                                                                                       
                                                                                                                                                        
Foreign Agricultural Service:                                                                                                                           

[[Page 12865]]

                                                                                                                                                        
    P.L. 480 grants--Title I (OFD), II,    R97-1                          3,500  ...........    2-10-97                                                 
     and III.                                                                                                                                           
    P.L. 480 program account.............  R97-2                         46,500  ...........    2-10-97                                                 
                                                                                                                                                        
     DEPARTMENT OF DEFENSE--MILITARY                                                                                                                    
                                                                                                                                                        
Operation and Maintenance:                                                                                                                              
    Operation and maintenance, Defense-    R97-4                         10,000  ...........    2-10-97                                                 
     wide.                                                                                                                                              
Procurement:                                                                                                                                            
    National Guard and Reserve equipment.  R97-5                         62,000  ...........    2-10-97                                                 
                                                                                                                                                        
           DEPARTMENT OF ENERGY                                                                                                                         
                                                                                                                                                        
Energy Programs:                                                                                                                                        
    Strategic petroleum reserve..........  R97-6                         11,000  ...........    2-10-97                                                 
Power Marketing Administrations:                                                                                                                        
    Construction, rehabilitation,          R97-7                          2,111  ...........    2-10-97                                                 
     operation and maintenance, Western                                                                                                                 
     Area Power Administration.                                                                                                                         
                                                                                                                                                        
     DEPARTMENT OF HOUSING AND URBAN                                                                                                                    
               DEVELOPMENT                                                                                                                              
                                                                                                                                                        
Public and Indian Housing Programs:                                                                                                                     
    Annual contributions for assisted      R97-8                    \1\ 250,000  ...........    2-10-97                                                 
     housing.                                                                                                                                           
                                                                                                                                                        
          DEPARTMENT OF JUSTICE                                                                                                                         
                                                                                                                                                        
General Administration:                                                                                                                                 
    Working capital fund.................  R97-9                          6,400  ...........    2-10-97                                                 
                                                                                                                                                        
     GENERAL SERVICES ADMINISTRATION                                                                                                                    
                                                                                                                                                        
General Activities:                                                                                                                                     
    Expenses, Presidential transition....  R97-10                         5,600  ...........    2-10-97  ..........  .........                          
                                          --------------------------------------------------------------------------------------------------------------
      Total Rescissions..................  .......................      397,111            0  .........           0          0                          
--------------------------------------------------------------------------------------------------------------------------------------------------------
\1\ Funds never withheld from obligation.                                                                                                               


                                             Attachment D.--Status of FY 1997 Deferrals--As of March 1, 1997                                            
                                                            [Amounts in thousands of dollars]                                                           
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                  Amounts transmitted                       Releases (-)                                                
                                               -------------------------  Date of  ----------------------------- Congressional   Cumulative     Amount  
     Agency/Bureau/Account        Deferral No.    Original   Subsequent   message   Cumulative  Congressionally      action     adjustments  deferred as
                                                  request    change (+)             OMB agency      required                        (+)       of 3-1-97 
--------------------------------------------------------------------------------------------------------------------------------------------------------
   FUNDS APPROPRIATED TO THE                                                                                                                            
           PRESIDENT                                                                                                                                    
                                                                                                                                                        
International Security                                                                                                                                  
 Assistance:                                                                                                                                            
    Economic support fund and    D97-1            1,258,292  ..........    12-4-96         200  ...............  .............  ...........    1,258,092
     International Fund for                                                                                                                             
     Ireland.                                                                                                                                           
    Foreign military financing   D97-2            1,412,375  ..........    12-4-96  ..........  ...............  .............  ...........    1,412,375
     program.                                                                                                                                           
    Foreign military financing   D97-3               60,000  ..........    12-4-96  ..........  ...............  .............  ...........       60,000
     loan program.                                                                                                                                      
    Foreign military financing   D97-4              540,000  ..........    12-4-96  ..........  ...............  .............  ...........      540,000
     direct loan financing                                                                                                                              
     account.                                                                                                                                           
Agency for International                                                                                                                                
 Development:                                                                                                                                           
    International disaster       D97-5              147,800  ..........    12-4-96      71,090  ...............  .............  ...........       76,710
     assistance, Executive.                                                                                                                             
                                                                                                                                                        
      DEPARTMENT OF STATE                                                                                                                               
                                                                                                                                                        
Other:                                                                                                                                                  
    United States emergency      D97-6              118,486  ..........    12-4-96      53,000  ...............  .............  ...........       65,486
     refugee and migration                                                                                                                              
     assistance fund.                                                                                                                                   
                                                                                                                                                        

[[Page 12866]]

                                                                                                                                                        
 SOCIAL SECURITY ADMINISTRATION                                                                                                                         
                                                                                                                                                        
    Limitation on                D97-7                7,365  ..........    12-4-96  ..........  ...............  .............  ...........  ...........
     administrative expenses.                                                                                                                           
                                 D97-7A         ...........          4     2-10-97  ..........  ...............  .............  ...........        7,369
                                ------------------------------------------------------------------------------------------------------------------------
      Total, deferrals.........  .............    3,544,318          4   .........     124,290  ...............  .............          0      3,420,032
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[FR Doc. 97-6704 Filed 3-17-97; 8:45 am]
BILLING CODE 3110-01-P