S. 2187 explained · 119th Congress · Pending in Congress
Pay Down the Debt Act
Cosponsors: 2 (0 D, 2 R) · per Congress.gov, 2026-10-11
Introduced: 2025-06-26
Latest action (2025-06-26): Read twice and referred to the Committee on Appropriations.
What S. 2187 does, in plain terms
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 The rescinded funds must be deposited in the Treasury and used for deficit reduction.
Official summary by the Congressional Research Service, via Congress.gov.
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