S 360
A bill to provide for across-the-board rescissions of nonsecurity discretionary spending.
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill proposes to reduce federal spending by rescinding a portion of non-security discretionary appropriations. It aims to cut spending across various government agencies by 1% in fiscal year 2026, 2% in fiscal year 2027, and 5% in subsequent years, based on the amount of non-security discretionary spending available. The rescissions would apply to appropriations made through the regular budget process and are subject to reporting requirements by the Office of Management and Budget. This legislation seeks to address the federal budget deficit by reducing discretionary spending outside of defense.
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