S. 391 · 112th Congress
Recovering Excessive Stimulus Expenditures for Taxpayers Act
- Stage
- In committee
- Sponsor
- Jerry Moran
- Introduced
- 2011-02-17
- Latest action
- 2011-02-17 · Introduced in Senate
Summary
Recovering Excessive Stimulus Expenditures for Taxpayers Act or 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Requires such rescinded appropriations to be deposited in the general fund of the Treasury for federal budget deficit reduction.