arrow_back Back to App

Pay Down the Debt: Unaccepted Federal Grants for Deficit Reduction

This act aims to reduce the national debt. If state or local governments do not accept federal grants, these funds will be redirected to pay down the country's debt. This means unused funds will not be wasted but will instead improve the nation's overall financial situation, potentially contributing to economic stability.
Key points
Unaccepted federal grants by state or local governments will be automatically used for national debt reduction.
The goal is to decrease the budget deficit, which can lead to greater financial stability for the country.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_1739
Sponsor: Sen. Lummis, Cynthia M. [R-WY]
Process start date: 2021-05-20
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Pay Down the Debt Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1739.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-05-20.

What are the main provisions?

Key points include:

  • Unaccepted federal grants by state or local governments will be automatically used for national debt reduction.
  • The goal is to decrease the budget deficit, which can lead to greater financial stability for the country.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Lummis, Cynthia M. [R-WY].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Public Investments Local Government