Impoundments: Fiscal Year 1995 Funds Proposed for Rescission, but Not
Approved by Congress, Have Been Released (Letter Report, 08/22/95,
GAO/OGC-95-20).

This letter discusses the status of budget authority proposed by the
President in his third special impoundment message for fiscal year 1995.
On April 6, 1995, Congress passed an emergency supplemental and
rescission bill approving two of the rescissions proposed by the
President and rescinding other budgetary resources.  The President
signed the bill into law on April 10. On July 21, Congress passed
another emergency supplemental and rescission bill approving some of the
remaining rescissions proposed by the President and rescinding other
budgetary resources.  The President signed the bill into law on July 27.
For that budget authority proposed for rescission in the third and
fourth special messages which Congress did not included in rescissions
bills, the Office of Management and Budget informed GAO that all budget
authority withheld pursuant to these proposals was released for
obligation on March 28, 1995, as required by the Impoundment Control
Act.

--------------------------- Indexing Terms -----------------------------

 REPORTNUM:  OGC-95-20
     TITLE:  Impoundments: Fiscal Year 1995 Funds Proposed for 
             Rescission, but Not Approved by Congress, Have Been Released
      DATE:  08/22/95
   SUBJECT:  Budget authority
             Budget authority rescission
             Budget authority rescission bills
             Impoundment
             Budget obligations
             Deferral of budget authority
             Budget administration
             Presidential messages
             Impoundment resolutions

             
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