Tag: Expedited Rescission

Rescission (CongressionalGlossary.com)

Rescission (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Rescission   Panel 1: The History of the 1921 and 1974 Budget Acts   Rescission: Cancellation of budget authority previously provided by Congress. Legislation enacted by Congress that cancels the availability of budget authority previously enacted before the authority would otherwise expire. The Impoundment Control […]