S. 2187 · Where this bill is now
In committee
Introduced in the Senate, Jun 26, 2025
What this bill does
In plain words · AI-written from the official summaryDirects unused grant money toward deficit reduction
When a state or local government turns down a grant—meaning they don't accept the federal money that was set aside for them—this bill says that money gets taken back and put toward paying down the national debt instead of being spent elsewhere.
How it affects you
This doesn't directly change daily life for most people. It's mostly a budgeting matter: unused grant money that states and cities don't claim will now go toward reducing the federal deficit rather than remaining available for other federal spending.
Read the official summary (Introduced in Senate, Jun 26, 2025)
Pay Down the Debt Act
This bill rescinds appropriations that were provided for grants that were not accepted by a state or local government. The rescinded funds must be deposited in the Treasury and used for deficit reduction.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionS. 2187
A BILL
Pay Down the Debt Act
Sponsor: Sen. Cynthia M. Lummis (R-WY) · Introduced Jun 26, 2025 · Economics and Public Finance · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jun 26, 2025: “Read twice and referred to the Committee on Appropriations.”