S. 834 · 111th Congress

A bill to require that funding for Federal departments and agencies and programs that remain available at the end of a fiscal year shall be used to pay down the Federal debt.

Stage
In committee
Introduced
2009-04-20
Latest action
2009-04-20 · Introduced in Senate

Summary

Requires the Secretary of the Treasury to use any agency, department, or authorized but completed program appropriations remaining at the end of a fiscal year to pay down the federal debt.

Requires a department or agency to report to the committees of jurisdiction in both chambers and the congressional budget committees on how the money was saved, and possibilities for future savings in that program.