Rescissions Act of 2025
Description
This bill would rescind specific unobligated funds for the State Department, USAID, and various independent international agencies.
Summary
What it does
This bill would rescind specific unobligated funds previously allocated to the Department of State, the U.S. Agency for International Development (USAID), and several independent agencies, including the Corporation for Public Broadcasting. These rescissions follow procedures where the President proposes the cancellation of funding, which must then be enacted by Congress to take effect. The affected accounts include various international assistance programs, global health initiatives, migration and refugee assistance, and operating expenses for several development foundations.
Who is affected
This bill affects federal agencies including the Department of State, the U.S. Agency for International Development (USAID), and the Corporation for Public Broadcasting by rescinding their unobligated funds. Independent organizations such as the Inter-American Foundation, the U.S. African Development Foundation, and the U.S. Institute of Peace are also impacted by the withdrawal of previously provided funding. Additionally, international programs and initiatives focused on global health, migration and refugee assistance, and clean technology would see a reduction in available financial resources.
Key provisions
- Rescission of Department of State and Presidential funds. The bill cancels unobligated funding previously allocated for international organizations, peacekeeping activities, global health programs, and migration and refugee assistance.
- Reduction of international development and assistance funding. The legislation rescinds funds from various accounts including the Economic Support Fund, Development Assistance, International Disaster Assistance, and the Clean Technology Fund.
- Rescission of funds for independent agencies and public broadcasting. The bill eliminates unobligated balances for the Corporation for Public Broadcasting, the U.S. Institute of Peace, the Inter-American Foundation, and the U.S. African Development Foundation.
- Cancellation of USAID operating and transition funds. Specific funding for USAID operating expenses, the Complex Crises Fund, and Transition Initiatives is rescinded under the proposed measure.
- Implementation of Presidential rescission proposals. The bill enacts specific funding cancellations proposed by the President under the procedures established by the Congressional Budget and Impoundment Control Act of 1974.
Fiscal impact
Not applicable: No CBO cost estimate available
Effective dates
The rescissions proposed in this bill must be enacted into law to take effect, in accordance with the procedures established by the Congressional Budget and Impoundment Control Act of 1974.
Relationship to existing law
This bill utilizes procedures established by the Congressional Budget and Impoundment Control Act of 1974 to rescind unobligated funds previously appropriated to the Department of State, USAID, the Corporation for Public Broadcasting, and various independent agencies.
Stated purpose
The bill seeks to permanently cancel specified unobligated funds previously allocated to the Department of State, the U.S. Agency for International Development, and various independent agencies, including the Corporation for Public Broadcasting. These rescissions were proposed by the President in accordance with the Congressional Budget and Impoundment Control Act of 1974.