[Federal Register Volume 62, Number 180 (Wednesday, September 17, 1997)]
[Notices]
[Pages 48905-48909]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-24749]
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OFFICE OF MANAGEMENT AND BUDGET
Cumulative Report on Rescissions and Deferrals
September 1, 1997.
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 September 1, 1997, of ten
rescission proposals and seven deferrals contained in three special
messages for FY 1997. These messages were transmitted to Congress on
December 4, 1996, and on February 10 and March 19, 1997.
Rescissions (Attachments A and C)
As of September 1, 1997, ten rescission proposals totaling $407
million had been transmitted to the Congress. Congress approved six of
the Administration's rescission proposals, totaling $285 million, in
P.L. 105-18. Attachment C shows the status of the FY 1997 rescission
proposals.
Deferrals (Attachments B and D)
As of August 1, 1997, $882 million in budget authority was being
deferred from obligation. Attachment D shows the status of each
deferral reported during FY 1997.
Information From Special Messages
The special messages containing information on the rescission
proposals and deferrals that are covered by this
[[Page 48906]]
cumulative report is printed in the editions of the Federal Register
cited below:
61 FR 66172, Monday, December 16, 1996
62 FR 8045, Friday, February 21, 1997
62 FR 14478, Wednesday, March 26, 1997
Franklin D. Raines,
Director.
Attachment A--Status of FY 1997 Rescissions
[In millions of dollars]
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Budgetary
resources
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Rescissions proposed by the President...................... 407.1
Rejected by the Congress................................... -122.0
Amounts rescinded by P.L. 105-18........................... -285.1
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Currently before the Congress.............................. ...........
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Attachment B--Status of FY 1997 Deferrals
[In millions of dollars]
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Budgetary
resources
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Deferrals proposed by the President........................ 3,544.3
Routine Executive releases through September 1997 (OMB/
Agency releases of $2,662.8 million.)..................... -2,662.8
Overturned by the Congress................................. ...........
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Currently before the Congress.............................. 881.5
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BILLING CODE 3110-01-P
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[FR Doc. 97-24749 Filed 9-16-97; 8:45 am]
BILLING CODE 3110-01-C
