A bill to repeal the Impoundment Control Act of 1974.

# Summary of S 515: Repeal of the Impoundment Control Act of 1974 **What the bill would do:** This bill would eliminate the Impoundment Control Act of 1974, a law that currently restricts the President's power to withhold (or "impound") money that Congress has already appropriated and approved for spending. Under current law, the President cannot simply decide not to spend funds Congress has authorized—they must follow specific procedures and get congressional approval to rescind (cancel) spending. If passed, this bill would remove those restrictions, giving the President greater ability to decide which appropriated funds to spend and which to withhold. **Who it affects and key provisions:** This change would primarily affect the federal budget process and the balance of power between the President and Congress.

It would impact all federal agencies and programs, since the President could potentially withhold funding from any of them. The bill also removes expedited procedures Congress currently uses to consider the President's rescission requests. Supporters might argue this gives the President more budget flexibility; critics worry it could undermine Congressional spending authority and oversight. **Current status:** The bill is currently in committee and has not yet been voted on by the Senate.