The House is now considering H.R. 3, the Spending Cuts to Expired and Unnecessary Programs Act, which rescinds nearly $15B of federal funding that is no longer needed. Chairman @USRepRodney is presenting the bill: houselive.gov
Conversation
Replying to
These funds are rescinded from programs and agencies that no longer need or cannot spend the money, or from programs that no longer exist.
1
Chairman @USRepRodney: When such funding goes unused for years, those funds should be returned to the Federal Treasury, as taxpayers should expect.
1
Sweeping up these extra funds will not cause undue harm or hardship to the essential activities at these federal agencies.
2
In fact, year after year, rescissions are included in our regular Appropriations bills, and dozens of such rescissions have previously received bipartisan support.