Cumulative reports,

[Federal Register: July 26, 1999 (Volume 64, Number 142)]

[Notices]

[Page 40396-40398]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr26jy99-102]

OFFICE OF MANAGEMENT AND BUDGET

Cumulative Report on Rescissions and Deferrals

July 1, 1999.

This report is submitted in fulfillment of the requirement of Section 1014(e) of the Congressional Budget and Impoundment Control Act of 1974 (Pub. L. 93-344). Section 1014(e) requires a monthly report listing all budget authority for the current fiscal year for which, as of the first day of the month, a special message had been transmitted to Congress.

This report gives the status, as of July 1, 1999, of three rescission proposals and three deferrals contained in two special messages for FY 1999. These messages were transmitted to Congress on October 22, 1998, and February 1, 1999.

Recissions (Attachments A and C)

As of July 1, 1999, three rescission proposals totaling $35 million have been transmitted to the Congress. Attachment C shows the status of the FY 1999 rescission proposals.

Deferrals (Attachments B and D)

As of July 1, 1999, $682 million in budget authority was being deferred from obligation. Attachment D shows the status of each deferral reported during FY 1999.

Information from Special Messages

The special messages containing information on the rescission proposals and deferrals that are covered by this cumulative report are printed in the editions of the Fedeal Register cited below:

63 FR 63949, Tuesday, November 17, 1998 64 FR 6721, Wednesday, February 10, 1999 Jacob J. Lew, Director.

Attachment A

Status of FY 1999 Rescissions [In millions of dollars]

Budgetary resources

Recisions proposed by the President........................

35.0 Rejected by the Congress................................... ........... Amounts rescinded by P.L. 106-31, the FY 1999 Emergency

-16.8 Supplemental Appropriations and Rescissions Act...........

Currently before the Congress..............................

18.2

Attachment B

Status of FY 1999 Deferrals [In millions of dollars]

Budgetary resources

Deferrals proposed by the President........................ 1,680.7 Routine Executive releases through June 1999 (OMB/Agency

-998.7 releases of $1,082.3 million, partially offset by a cumulative positive adjustment of $83.6 million).......... Overturned by the Congress................................. * * * * * * * *

Currently before the Congress..............................

682.0

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