This bill cancels leftover federal funds that haven’t been spent yet (“unobligated balances”). It targets money set aside for U.S. international programs, disaster and refugee aid, global health, democracy and economic support, and certain clean energy and development funds. It also cancels some future funding for public broadcasting. These cuts take effect as soon as the bill becomes law. Day to day, that could mean fewer dollars available for international health efforts, peacekeeping, refugee support, and some development projects abroad, and less future money for public broadcasting in the U.S.

Key areas with canceled funds include contributions to international organizations and peacekeeping, Global Health Programs, Migration and Refugee Assistance, International Disaster Assistance, the Economic Support Fund, Development Assistance, USAID operations, and more. The bill also rescinds amounts for the Corporation for Public Broadcasting in upcoming years. The changes apply to funds that were set aside but not yet committed, and they take effect immediately upon enactment.

• Who is affected: People and groups relying on U.S.-backed international health, refugee, disaster, and development support; public broadcasting audiences in future years.
• What changes: Unspent funds in these programs are canceled; future CPB funds for certain years are also canceled.
• When: The rescissions take effect immediately once the bill becomes law; CPB rescissions apply to specified future fiscal years.