S 2799
Prime CUTS Act
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Prime CUTS Act aims to reduce federal spending by limiting discretionary spending obligations at the end of each fiscal year, requiring agencies to report on their spending, and consolidating Department of Defense infrastructure. It also authorizes the U.S. Mint to modernize coin composition, terminates the Presidential Election Campaign Fund, and prohibits the use of federal funds for certain swag and transit/rail projects. The bill seeks to improve efficiency and reduce costs across various government operations.
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