[Federal Register Volume 63, Number 80 (Monday, April 27, 1998)]
[Notices]
[Pages 20673-20677]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-11154]


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OFFICE OF MANAGEMENT AND BUDGET


Cumulative Report on Rescissions and Deferrals

April 1, 1998.
    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 April 1, 1998, of 24 rescission 
proposals and eight deferrals contained in two special messages for FY 
1998. These

[[Page 20674]]

messages were transmitted to Congress on February 3 and February 20, 
1998.

Rescissions (Attachments A and C)

    As of April 1, 1998, 24 rescission proposals totaling $20 million 
had been transmitted to the Congress. Attachment C shows the status of 
the FY 1998 rescission proposals.

Deferrals (Attachments B and D)

    As of April 1, 1998, $3.451 million in budget authority was being 
deferred from obligation. Attachment D shows the status of each 
deferral reported during FY 1998.

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:

63 FR 7004, Wednesday, February 11, 1998.
63 FR 10076, Friday, February 27, 1998.
Franklin D. Raines,
Director.

Attachment A

                      Status of FY 1998 Rescissions                     
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                                               Budgetary
                                                               resources
------------------------------------------------------------------------
Rescissions proposed by the President.......................        20.1
Rejected by the Congress....................................  ..........
Amounts rescinded...........................................  ..........
                                                             -----------
Currently before the Congress...............................        20.1
------------------------------------------------------------------------

Attachment B

                       Status of FY 1998 Deferrals                      
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                                               Budgetary
                                                               resources
------------------------------------------------------------------------
Deferrals proposed by the President.........................     4,833.0
Routine Executive releases through April 1, 1998 (OMB/Agency            
 releases of $1,382.2 million.).............................     1,382.2
Overturned by the Congress..................................  ..........
                                                             -----------
Currently before the Congress...............................     3,450.8
------------------------------------------------------------------------

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[FR Doc. 98-11154 Filed 4-24-98; 8:45 am]
BILLING CODE 3110-01-C