Saturday - July 12, 2025
OMB Issues Notice on Rescission Proposals
June 12, 2025
WASHINGTON, June 12 (TNSFR) -- The Office of Management and Budget has issued a notice entitled "Rescissions Proposals Pursuant to the Congressional Budget and Impoundment Control Act of 1974." This document outlines the President's proposals to rescind $9.4 billion in budget authority, which were transmitted to Congress for consideration on June 3, 2025.

The proposed rescissions target programs within the Department of State, the Corporation for Public Broadcasting, . . .

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