Rescission of Budget Authority Proposed in President's Eighth Special Message for FY 1980
OGC-80-13: Published: Jun 4, 1980. Publicly Released: Jun 4, 1980.
- Full Report:
Under the Impoundment Control Act of 1974, GAO is required to review and comment on executive branch proposals for rescissions and/or deferrals of impounded fund accounts.
The President's eighth special message for fiscal year 1980 contained a rescission of budget authority totaling $9.0 million and two new referrals of budget authority totaling $19.8 million. The information provided was found to be correct and the actions proposed were found to be clearly and accurately stated.