[Federal Register Volume 64, Number 142 (Monday, July 26, 1999)]
[Notices]
[Pages 40396-40398]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-18935]


=======================================================================
-----------------------------------------------------------------------

OFFICE OF MANAGEMENT AND BUDGET


Cumulative Report on Rescissions and Deferrals

July 1, 1999.
    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 July 1, 1999, of three 
rescission proposals and three deferrals contained in two special 
messages for FY 1999. These messages were transmitted to Congress on 
October 22, 1998, and February 1, 1999.

Recissions (Attachments A and C)

    As of July 1, 1999, three rescission proposals totaling $35 million 
have been transmitted to the Congress. Attachment C shows the status of 
the FY 1999 rescission proposals.

Deferrals (Attachments B and D)

    As of July 1, 1999, $682 million in budget authority was being 
deferred from obligation. Attachment D shows the status of each 
deferral reported during FY 1999.

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 Fedeal Register cited below:

63 FR 63949, Tuesday, November 17, 1998
64 FR 6721, Wednesday, February 10, 1999
Jacob J. Lew,
Director.

Attachment A

                      Status of FY 1999 Rescissions
                        [In millions of dollars]
------------------------------------------------------------------------
                                                              Budgetary
                                                              resources
------------------------------------------------------------------------
Recisions proposed by the President........................         35.0
Rejected by the Congress...................................  ...........
Amounts rescinded by P.L. 106-31, the FY 1999 Emergency            -16.8
 Supplemental Appropriations and Rescissions Act...........
                                                            ------------
Currently before the Congress..............................         18.2
------------------------------------------------------------------------

Attachment B

                       Status of FY 1999 Deferrals
                        [In millions of dollars]
------------------------------------------------------------------------
                                                              Budgetary
                                                              resources
------------------------------------------------------------------------
Deferrals proposed by the President........................      1,680.7
Routine Executive releases through June 1999 (OMB/Agency          -998.7
 releases of $1,082.3 million, partially offset by a
 cumulative positive adjustment of $83.6 million)..........
Overturned by the Congress.................................  * * * * * *
                                                                     * *
                                                            ------------
Currently before the Congress..............................        682.0
------------------------------------------------------------------------


BILLING CODE 3110-01-P

[[Page 40397]]

[GRAPHIC] [TIFF OMITTED] TN26JY99.000



[[Page 40398]]

[GRAPHIC] [TIFF OMITTED] TN26JY99.001


[FR Doc. 99-18935 Filed 7-23-99; 8:45 am]
BILLING CODE 3110-01-C