A bill to require that funding for Federal departments and agencies and programs that remain available at the end of a fiscal year shall be used to pay down the Federal debt.
Read twice and referred to the Committee on Finance.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Apr 20, 2009
Requires the Secretary of the Treasury to use any agency, department, or authorized but completed program appropriations remaining at the end of a fiscal year to pay down the federal debt.
Requires a department or agency to report to the committees of jurisdiction in both chambers and the congressional budget committees on how the money was saved, and possibilities for future savings in that program.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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