Skip to main content
S 726 112th Congress Senate Economics and Public Finance Appropriations Budget deficits and national debt

Decrease Spending Now Act

Introduced: May 18, 2011 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 5, 2011
Read twice and referred to the Committee on the Budget.
Apr 5, 2011
Introduced in Senate
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Decrease Spending Now Act - Rescinds $45 billion of unobligated balances of current discretionary appropriations.

Requires the Director of the Office of Management and Budget (OMB) to: (1) determine which appropriation accounts the rescission shall apply to and the amount that each such account shall be reduced, and (2) report to the Secretary of the Treasury and Congress a list of the accounts reduced by the rescission, including the amounts rescinded from each such account.

Exempts from such rescission the Department of Defense (DOD), the Department of Veterans Affairs (VA), and the Social Security Administration (SSA).



What's happening now April 5, 2011

Read twice and referred to the Committee on the Budget.

 Related & companion bills 1
  • HR 1111 Identical bill Decrease Spending Now Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Republican 7
R
Hoeven, John
North Dakota · Jul 20, 2011
 R
Cornyn, John
Texas · Jul 7, 2011
 R
Risch, James E.
Idaho · Jun 16, 2011
 R
Thune, John
South Dakota · Jun 16, 2011
 R
Johnson, Ron
Wisconsin · May 18, 2011
 R
Paul, Rand
Kentucky · May 18, 2011
 R
Lee, Mike
Utah · Apr 14, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). S. 726: Decrease Spending Now Act. 112th Congress. Open America. https://openamerica.io/bill/112-S-726/
MLA
"S. 726: Decrease Spending Now Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-726/.
Bluebook (legal)
S. 726, 112th Cong. (2026), https://openamerica.io/bill/112-S-726/.
Markdown link
[S. 726: Decrease Spending Now Act](https://openamerica.io/bill/112-S-726/)
Report a problem