S. 2187 · 119th Congress
Pay Down the Debt Act
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2 cosponsors · 2 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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 The rescinded funds must be deposited in the Treasury and used for deficit reduction.
What it does: CRS summary · Introduced in Senate · Jun 26, 2025
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 The rescinded funds must be deposited in the Treasury and used for deficit reduction.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Pay Down the Debt Act
Latest action (Jun 26, 2025): Read twice and referred to the Committee on Appropriations.
Policy area: Economics and Public Finance · Origin: Senate · Introduced: Jun 26, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.