Bill > HR4

This bill, known as the Rescissions Act of 2025, authorizes the immediate rescission (cancellation) of approximately $6.9 billion in unobligated budget balances across various federal government accounts, primarily in international and foreign assistance programs. The rescissions are based on a special message transmitted by the President on June 3, 2025, in accordance with the Congressional Budget and Impoundment Control Act of 1974. The bill targets unobligated funds from multiple appropriations acts, including the Department of State, Foreign Operations, and Related Programs Appropriations Act of 2024 and the Full-Year Continuing Appropriations Act of 2025. The rescissions affect a wide range of programs, including international organizations contributions, global health programs, migration and refugee assistance, economic support funds, and development assistance. Some specific provisions protect certain fund allocations, such as exempting funds for HIV/AIDS, tuberculosis, malaria, nutrition, and maternal and child health programs from cuts. The bill also includes rescissions for the Corporation for Public Broadcasting for fiscal years 2026 and 2027, and impacts various independent agencies and international development foundations. These budget cuts are part of the government's effort to reduce spending and reallocate financial resources.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/4/all-info