Impoundment Control

President's Third Special Message for FY 92 Gao ID: OGC-92-5 March 25, 1992

On February 19, 1992, the President submitted to Congress his third special impoundment message for fiscal year 1992. This message reports one proposed rescission of budget authority and one new deferral. It also revises the amount of one deferral already reported. GAO found the deferrals, which involve international disaster assistance funds at the Agency for International Development and timber salvage funds at the Forest Service, to be in accordance with the Impoundment Control Act. Funds proposed for rescission must be made available for obligation unless Congress acts on rescission bills within a 45-day period after receiving the proposal. GAO and the Office of Management and Budget agree that the 45-day period ends on April 4, 1992.

GAO concluded that the proposed rescission and two deferrals were in accordance with the Congressional Budget and Impoundment Control Act of 1974. GAO provided: (1) specific information on the two deferrals which would be useful to Congress in examining the message; and (2) a list of the proposed recision and deferrals reported by the President.



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