96-6744. Cumulative Report on Rescissions and Deferrals

[Federal Register Volume 61, Number 57 (Friday, March 22, 1996)]
[Notices]
[Pages 11903-11905]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-6744]



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OFFICE OF MANAGEMENT AND BUDGET


Cumulative Report on Rescissions and Deferrals

March 1, 1996.
    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 March 1, 1996, of seven 
rescission proposals and six deferrals contained in three special 
messages for FY 1996. These messages were transmitted to Congress on 
October 19, 1995, and February 21 and 23, 1996.

Rescissions (Attachments A and C)

    As of March 1, 1996, seven rescission proposals totaling $960 
million had been transmitted to the Congress. Attachment C shows the 
status of the FY 1996 rescission proposals.

Deferrals (Attachments B and D)

    As of March 1, 1996, $2,760.4 million in budget authority was being 
deferred from obligation. Attachment D shows the status of each 
deferral reported during FY 1996.

Information From Special Message

    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:

60 FR 55154, Friday, October 27, 1995
61 FR 8691, Tuesday, March 5, 1996
Alice M. Rivlin,
Director.
Attachments

Attachment A

                      Status of FY 1996 Rescissions                     
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                                               Budgetary
                                                               resources
------------------------------------------------------------------------
Rescissions proposed by the President.......................       960.0
Rejected by the Congress....................................            
                                                             -----------
Currently before the Congress...............................       960.0
------------------------------------------------------------------------

Attachment B

                       Status of FY 1996 Deferrals                      
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                                               Budgetary
                                                               resources
------------------------------------------------------------------------
Deferrals proposed by the President.........................     3,639.0
Routine Executive releases through March 1, 1996 (OMB/Agency            
 releases of $878.7 million, partially offset by cumulative             
 positive adjustment of $4 thousand.).......................       878.7
Overturned by the Congress..................................  ..........
                                                             -----------
Currently before the Congress...............................     2,760.4
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[FR Doc. 96-6744 Filed 3-21-96; 8:45 am]
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