President's Second Special Message for FY 1980 to Congress Pursuant to Impoundment Control Act of 1974
OGC-80-5: Published: Dec 27, 1979. Publicly Released: Dec 27, 1979.
- 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 second special message for ficsal year 1980 contained six new deferrals totaling approximately $511 million and revisions to two previously transmitted deferrals increasing the amounts by approximately $14 million. Except as noted in the comments, the information provided was found to be correct and the actions proposed were found to be clearly and accurately stated.