S-2067 : Still Just a Bill

The Rescissions Act of 2025 (S. 2067), introduced by Senator Schmitt on June 12, 2025, aims to rescind specific budget authority as proposed by the President in a special message to Congress on June 3, 2025. This action is in accordance with the Congressional Budget and Impoundment Control Act of 1974.

Key provisions include:

• Rescission of Funds: The bill rescinds designated amounts from unobligated balances across various international and bilateral economic assistance programs.
• Specific Areas Affected:
  • International Organizations (Contributions and Peacekeeping)
  • Global Health Programs
  • Migration and Refugee Assistance
  • Complex Crises Fund
  • Democracy Fund
  • Economic Support Fund
  • Clean Technology Fund
  • International Organizations and Programs
  • Development Assistance
  • Assistance for Europe, Eurasia and Central Asia
  • International Disaster Assistance
  • Operating Expenses for the United States Agency for International Development
  • Transition Initiatives
  • Inter-American Foundation
  • United States African Development Foundation
  • United States Institute of Peace
  • Corporation for Public Broadcasting (for fiscal years 2026 and 2027)
• Effective Date: The rescissions will take effect immediately upon the enactment of this Act.

In summary, the bill seeks to cut funding from several international programs and assistance initiatives, as well as domestic programs such as the Corporation for Public Broadcasting, by rescinding already approved budget authority.