Bill Tracker / 119th Congress / S. 2187
S. 2187 · 119th Congress
Pay Down the Debt Act
Introduced→
In Committee→
Passed One Chamber→
Passed Both Chambers→
Became Law
Latest action: Read twice and referred to the Committee on Appropriations. — 06/26/2025
What This Bill Does
Pay Down the Debt Act
This bill rescinds appropriations that were provided for grants that were not accepted by a state or local government. The rescinded funds must be deposited in the Treasury and used for deficit reduction.
Summary as of 06/26/2025, via Congress.gov / Congressional Research Service.
Introduced
06/26/2025
Policy Area
Economics and Public Finance
Cosponsors
2