H.R. 620 · 112th Congress
Recovering Excessive Stimulus Expenditures for Taxpayers (RESET) Act
- Stage
- In committee
- Sponsor
- Sean Duffy
- Introduced
- 2011-02-10
- Latest action
- 2011-02-10 · Introduced in House
Summary
Recovering Excessive Stimulus Expenditures for Taxpayers (RESET) Act - Rescinds all unobligated balances of the discretionary appropriations made available by division A of the American Recovery and Reinvestment Act of 2009 (stimulus funds).
Requires deposit of such rescinded appropriations in the general fund of the Treasury for federal budget deficit reduction.