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Canceling Unspent COVID and Infrastructure Funds to Offset Foreign Aid.

This bill cancels unspent money originally allocated for COVID-19 relief and specific infrastructure programs, including those focused on air quality and carbon reduction. The purpose is to use these canceled funds to cover the costs of supplemental foreign assistance packages provided to Israel, Ukraine, and the Indo-Pacific region in 2024. This action redirects money away from domestic programs like education stabilization and environmental infrastructure projects.
Key points
Rescinds unobligated balances from major COVID-19 relief legislation (e.g., CARES Act, American Rescue Plan).
Cuts funding for key domestic infrastructure programs, including those for air quality improvement, carbon reduction, and education stabilization.
The savings generated are intended to offset the cost of recent supplemental foreign security aid.
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Additional Information
Print number: 118_HR_8777
Sponsor: Rep. Bean, Aaron [R-FL-4]
Process start date: 2024-06-18