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118-s-5483Committee
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A bill to provide for across-the-board rescissions of nonsecurity discretionary spending of 5 percent.

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Summary

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This bill would require an automatic 5 percent reduction in nonsecurity discretionary federal spending each fiscal year, beginning in 2026. The rescissions would be applied on a pro rata basis across all nonsecurity discretionary appropriations once full-year funding is enacted. The Office of Management and Budget would be required to report the specific accounts and amounts affected by each rescission to Congress.

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