S 2187

Pay Down the Debt Act

Summary

Pay Down the Debt Act This bill rescinds appropriations that were provided for grants that were not accepted by a state or local government. The rescinded funds must be deposited in the Treasury and used for deficit reduction.

Bill status

Status
In committee
Sponsor
Sen. Cynthia M. Lummis [R-WY]
Cosponsors
1
Policy area
Economics and Public Finance
Introduced
2025-06-26
Latest action
2025-06-26: Read twice and referred to the Committee on Appropriations.

Committee referrals

Recent actions

  • 2025-06-26: Read twice and referred to the Committee on Appropriations.
  • 2025-06-26: Introduced in Senate