99-3997. Cumulative Report on Rescissions and Deferrals

[Federal Register Volume 64, Number 32 (Thursday, February 18, 1999)]
[Notices]
[Pages 8147-8150]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-3997]


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OFFICE OF MANAGEMENT AND BUDGET


Cumulative Report on Rescissions and Deferrals

February 1, 1999.
    This report is submitted in fulfillment of the requirement of 
Section 1014(e) of the Congressional Budget and Impoundment Control Act 
of 1974 (Public Law 93-344). Section 1014(e) requires a monthly report 
listing all budget authority for the current fiscal year for which, as 
of the first day of the month, a special message had been transmitted 
to Congress.
    This report gives the status, as of February 1, 1999, of three 
rescission proposals that have been pending for less than 45 days and 
three deferrals contained in two special messages for FY 1999. These 
messages were transmitted to Congress on October 22, 1998, and February 
1, 1999.
Rescissions (Attachments A and C)
    As of February 1, 1999, three rescission proposals totaling $35 
million have been transmitted to the Congress. Attachment B shows the 
status of the FY 1999 rescission proposals.
Deferrals (Attachments B and D)
    As of February 1, 1999, $1.6 billion in budget authority was being 
deferred from obligation. Attachment D shows the status of each 
deferral reported during FY 1999.
Information From Special Messages
    The special messages containing information on the rescission 
proposals and deferrals that are covered by this cumulative report are 
printed in the editions of the Federal Register cited below:

63 FR 63949, Tuesday, November 17, 1998
As of this date, the February 1, 1999, special message has not been 
published.
Jacob J. Lew,
Director.

              Attachment A.--Status of FY 1999 Rescissions
                        [in millions of dollars]
------------------------------------------------------------------------
                                                             Budgetary
                                                             resources
------------------------------------------------------------------------
Rescissions proposed by the President...................            35.0
Rejected by the Congress................................
                                                         ---------------
Currently before the Congress...........................            35.0
------------------------------------------------------------------------


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               Attachment B.--Status of FY 1999 Deferrals
                        [in millions of dollars]
------------------------------------------------------------------------
                                                             Budgetary
                                                             resources
------------------------------------------------------------------------
Deferrals proposed by the President.....................         1,680.7
Routine Executive releases through February 1999 (OMB/            -130.7
 Agency releases of $130.7 million).....................
Overturned by the Congress..............................
                                                         ---------------
Currently before the Congress...........................         1,550.0
------------------------------------------------------------------------


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[FR Doc. 99-3997 Filed 2-17-99; 8:45 am]
BILLING CODE 3110-01-C