Sponsors (7)
The bill reduces federal spending and future obligations by rescinding unobligated foreign assistance balances and cancelling CPB funding, but it does so largely by cutting international health, humanitarian, development, and multilateral programs—weakening U.S. crisis response, global health security, and diplomatic influence.
Taxpayers: rescinds $5.48 billion in unobligated foreign assistance balances, lowering near‑term federal outlays and reducing future federal obligations.
Federal budget priorities: rescinding unused balances could free budgetary space that can be redirected to domestic priorities or deficit reduction.
Broadcasting subsidies: cancels Corporation for Public Broadcasting (CPB) funding for FY2026–FY2027, reducing federal obligations for broadcasting subsidies.
U.S. crisis‑response and diplomatic capacity: rescinding billions from Development Assistance, the Economic Support Fund, the Democracy Fund, and Disaster Assistance will reduce the U.S. ability to respond to crises, support democratic partners, and project influence abroad.
Global public health: cutting $900 million from Global Health Programs reduces international health assistance and pandemic preparedness/response, increasing disease risk and limiting humanitarian health support.
Refugee and migration assistance: eliminating $800 million from Migration and Refugee Assistance will shrink aid for refugees and displaced persons and strain resettlement and protection programs.
Based on analysis of 2 sections of legislative text.
Immediately rescinds $5.47692 billion in unobligated balances from State/USAID and related foreign assistance accounts from prior FY2024–FY2025 appropriations.
Official title: Rescind certain budget authority proposed to be rescinded in special messages transmitted to the Congress by the President on June 3, 2025, in accordance with section 1012(a) of the Congressional Budget and Impoundment Control Act of 1974.
Introduced June 12, 2025 by Eric Stephen Schmitt · Last progress June 12, 2025
Immediately rescinds roughly $5.48 billion in unobligated balances from previously enacted State Department, USAID, and related foreign assistance appropriations for FY2024–FY2025. The cuts target a set of international programs (including international organizations, peacekeeping, global health bilateral assistance, migration and refugee assistance, and several USAID assistance accounts), reducing budget authority for those accounts without creating new programs or reporting requirements.