Summary: Budget authority required for obligations under the Congressional Budget and Impoundment Control Act of 1974 was released.
In his seventh special message for fiscal year 1977; the President proposed nine rescissions. Congress did not act favorably on: (1) $525,000 for the U.S. Travel Service; (2) $1.5 million for the National Oceanic and Atmospheric Administration; and (3) $6,803,000 for the U.S. Coast Guard. The period during which the funds were allowed to be withheld pending congressional action on rescission requests ended on March 14, 1977. The budget authority has been apportioned and made available for use. Congress acted favorably on the following: (1) $41.5 million in funds appropriated to the President; (2) in the Department of Defense $143,600,000 for retired pay, $452,600,000 for Navy shipbuilding and conversion; and (3) $14,350,000 for Air Force procurement; and $12 million for the State Department. A proposed Small Business Administration rescission was withdrawn. Congress also disapproved of three deferrals of budget authority for the Energy Research and Development Administration.
