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Saving Taxpayers’ Money and Paying America’s Debt Act

12/15/2023, 3:53 PM

Congressional Summary of HR 564

Saving Taxpayers' Money and Paying America's Debt Act

This bill rescinds unobligated funds that were provided by the American Rescue Plan Act of 2021 and requires the funds to be used for the sole purpose of deficit reduction. (The American Rescue Plan Act of 2021 provided funding to address the impact of COVID-19 on the economy, public health, state and local governments, individuals, and businesses.)

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Current Status of Bill HR 564

Bill HR 564 is currently in the status of Bill Introduced since January 26, 2023. Bill HR 564 was introduced during Congress 118 and was introduced to the House on January 26, 2023.  Bill HR 564's most recent activity was Referred to the House Committee on Oversight and Accountability. as of January 26, 2023

Bipartisan Support of Bill HR 564

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 564

Primary Policy Focus

Economics and Public Finance

Potential Impact Areas

- Appropriations
- Budget deficits and national debt

Alternate Title(s) of Bill HR 564

Saving Taxpayers’ Money and Paying America’s Debt Act
Saving Taxpayers’ Money and Paying America’s Debt Act
To rescind the unobligated balance of appropriations made by the American Rescue Plan Act of 2021.

Comments

Sponsors and Cosponsors of HR 564

John R. Moolenaar
John R. Moolenaar
MichiganRepublican

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