Pay Down the Debt Act
This bill rescinds appropriations that were provided for grants that were not accepted by a state or local government. The rescinded funds must be deposited in the Treasury and used for deficit reduction.
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| Congress | 119 |
| Bill Type | S |
| Bill Number | 2187 |
| Origin Chamber | Senate |
| Current Status | Read twice and referred to the Committee on Appropriations. |
| Policy Area | Economics and Public Finance |
| Primary Committee | Not assigned |
| Introduced | June 26, 2025 |
| Latest Action | June 26, 2025 |
| Cosponsors | 1 · House vote — · — views |