[Public Papers of the Presidents of the United States: George H. W. Bush (1991, Book I)] [June 28, 1991] [Pages 733-734] [From the U.S. Government Publishing Office www.gpo.gov]Letter to Congressional Leaders Reporting Budget Rescissions June 28, 1991 Dear Mr. Speaker: (Dear Mr. President:) In accordance with the Impoundment Control Act of 1974, I herewith report two proposed rescissions totaling $542,000,000 and two revised deferrals of budget authority now totaling $2,950,976,437. Including the revised deferrals, funds reported as withheld now total $10.2 billion. The proposed rescissions affect the Departments of Commerce and Housing and Urban Development. The deferrals affect International Security Assistance and the Department of Health and Human Services. The details of the deferrals and proposed rescissions are contained in the attached report. Sincerely, George Bush Note: Identical letters were sent to Thomas S. Foley, Speaker of the House of Represent- [[Page 734]] atives, and Dan Quayle, President of the Senate. The report was printed in the ``Fed- eral Register'' of July 10.