Impoundment ControlComments on the President's Fifth Through Seventy-Second Special Impoundment Message for Fiscal Year 1992 Gao ID: OGC-92-7 April 29, 1992
On March 20, 1992, the President submitted to Congress his fifth through 72nd special messages for fiscal year 1992, which report 68 proposed rescissions of budget authority affecting the Department of Housing and Urban Development, the Department of the Interior, and the Environmental Protection Agency. GAO reviewed each rescission message and found them to be in accordance with the Impoundment Control Act. Funds proposed for rescission must be made available for obligation unless Congress passes a rescission bill within 45 days after receiving the proposal. GAO and the Office of Management and Budget agree that the 45-day period is scheduled to end on May 20, 1992.
GAO found that the President's 68 proposed rescissions of budget authority were in accordance with the Congressional Budget and Impoundment Control Act of 1974. GAO provided specific information on four of the rescissions which would be useful to Congress in examining the message.