$11,661,000,000 is rescinded from a 2022 law
What the document says“Sec. 528. Of the unobligated balances of amounts made available in section 10301(1)(A)(iii) of Public Law 117-169, $11,661,000,000 are hereby rescinded.”
Section 528 of division B rescinds $11,661,000,000 of the unobligated balances made available in section 10301(1)(A)(iii) of Public Law 117-169.
What the document actually says“Sec. 528. Of the unobligated balances of amounts made available in section 10301(1)(A)(iii) of Public Law 117-169, $11,661,000,000 are hereby rescinded.”
Take back $11,661,000,000 that was set aside by an older law. Only money not yet promised out is taken.
To rescind is to cancel money already voted. Only what has not been committed can be taken back this way.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.