Bill > S360

This bill introduces a systematic approach to reducing nonsecurity discretionary spending through mandatory across-the-board rescissions (spending reductions) over multiple fiscal years. Specifically, the bill requires the automatic reduction of nonsecurity discretionary appropriations—which are funds allocated in regular appropriation acts that do not fall under the "security category"—by 1% in fiscal year 2026, 2% in fiscal year 2027, and 5% in fiscal year 2028 and subsequent years. These rescissions would be applied on a pro rata basis, meaning the percentage reduction would be evenly distributed across affected appropriations. The bill defines key terms such as "budget authority," "discretionary appropriations," and "regular appropriation act" to provide clear legal context. Additionally, the bill mandates that the Director of the Office of Management and Budget (OMB) submit a detailed report to Congressional appropriations committees within 30 days after each fiscal year's appropriations are made available, specifying the exact accounts and amounts that were rescinded. The purpose of this bill appears to be reducing federal spending in non-defense-related discretionary areas as a method of fiscal budget control.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/360/all-info