S. 1739 · 117th Congress

Pay Down the Debt Act

Stage
In committee
Introduced
2021-05-20
Latest action
2021-05-20 · Introduced in Senate

Summary

Pay Down the Debt Act

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 The rescinded funds must be deposited in the Treasury and used for deficit reduction.