H.R. 564 · 118th Congress

Saving Taxpayers’ Money and Paying America’s Debt Act

Stage
In committee
Introduced
2023-01-26
Latest action
2023-01-26 · Introduced in House

Summary

Saving Taxpayers' Money and Paying America's Debt Act

This bill rescinds unobligated funds that were provided by the American Rescue Plan Act of 2021 and requires the funds to be used for the sole purpose of deficit reduction. (The American Rescue Plan Act of 2021 provided funding to address the impact of COVID-19 on the economy, public health, state and local governments, individuals, and businesses.)