Bill > HR3785

This bill, known as the "Forgotten Funds Act," aims to address unspent discretionary appropriations from fiscal year 2021 and prior years. Specifically, the bill would permanently rescind (cancel) any unobligated balances of discretionary funds, which are funds that have been appropriated by Congress but not yet committed to a specific purpose or spent. Once these unobligated funds are rescinded, they would be deposited into the general fund of the U.S. Treasury and used exclusively for reducing the federal budget deficit. In essence, the bill seeks to reclaim unused government funds and apply them toward lowering the national debt, potentially helping to improve the country's fiscal health by preventing these funds from remaining uncommitted indefinitely.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/3785/all-info