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S. 2187 · 119th Congress

Pay Down the Debt Act

In committee

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Bill details

Introduced: 6/26/2025
Current status: In committee
Bill ID: 119s2187
Latest official action: Read twice and referred to the Committee on Appropriations.

Bill overview

A neutral overview based on official congressional sources.

Introduced in Senate

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 The rescinded funds must be deposited in the Treasury and used for deficit reduction.

Source: BILLSUM · Summary date: 6/26/2025

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Last updated: 4/8/2026Source: BILLSUMBill: 119s2187Learn more →