S. 2187 · 119th Congress

Pay Down the Debt Act

Stage
In committee
Introduced
2025-06-26
Latest action
2025-06-26 · Introduced in Senate

Summary

Pay Down the Debt Act

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 The rescinded funds must be deposited in the Treasury and used for deficit reduction.