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RESCISSION PROPOSALS This budget contains proposals to reduce 1999 spending by $41 million. These proposed reductions include $35 million in proposed rescissions detailed below and $6 million in reduced limitations detailed in the Supplemental Proposals chapter of the Budget. Under the provisions of the Impoundment Control Act of 1974 (Public Law 93–344), whenever the President proposes a rescission of enacted appropriations, a special message must be sent to the Congress giving details of the proposals. Included below are related budget schedules and narrative explanations of proposals submitted in a special message at the time this budget was transmitted. Disasters of National Significance’’ (P.L. 101–130) to respond to various natural disasters. All funds were then transferred to Departments and agencies to carry out necessary activities. Following completion of those activities, excess funds were transferred back to this account. These funds are no longer needed. International Assistance Programs INTERNATIONAL SECURITY ASSISTANCE FOREIGN MILITARY FINANCING LOAN PROGRAM ACCOUNT Department of the Interior (Rescission proposal) BUREAU OF LAND MANAGEMENT MANAGEMENT OF LANDS AND Program and Financing (in millions of dollars) RESOURCES Identification code 11–1085–5–1–152 (Rescission proposal) 1998 actual 1999 est. 2000 est. 22.00 Budgetary resources available for obligation: 22.00 New budget authority (gross) ........................................ ................... 24.40 Unobligated balance available, end of year ................. ................... New budget authority (gross), detail: 40.36 Unobligated balance rescission proposal (R99–1) ....... ................... 1999 est. ¥18 ................... New budget authority (gross), detail: Appropriation rescission proposal (R99–3) ................... ................... ¥18 ................... 86.90 1998 actual Identification code 14–1109–5–1–302 Budgetary resources available for obligation: New budget authority (gross) ........................................ ................... 40.35 Program and Financing (in millions of dollars) Outlays (gross), detail: Outlays from new current authority .............................. ................... ¥18 ................... 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ ................... Outlays ........................................................................... ................... ¥18 ................... ¥18 ................... 2000 est. ¥7 ................... ¥7 ................... ¥7 ................... Outlays (gross), detail: 86.90 Outlays from new current authority .............................. ................... ¥5 ................... 86.93 Outlays from current balances ...................................... ................... ................... ¥1 87.00 Total outlays (gross) ................................................. ................... ¥5 ................... 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ ................... Outlays ........................................................................... ................... ¥7 ................... ¥5 ................... This rescission proposal would rescind funds appropriated in 1998 for the Automated Lands and Minerals Record System (ALMRS) that exceed current requirements. This rescission proposal would rescind $18 million of obligated balances of foreign military financing loan program subsidy that was made available in 1997. These funds were obligated, but no loans were signed, and none are expected to be signed. Therefore, the funds are no longer needed. FOREIGN MILITARY FINANCING DIRECT LOAN FINANCING ACCOUNT (Rescission proposal) Program and Financing (in millions of dollars) Executive Office of the President Identification code 11–4122–5–3–152 1998 actual 1999 est. 2000 est. UNANTICIPATED NEEDS UNANTICIPATED NEEDS FOR NATURAL DISASTERS (Rescission proposal) 1998 actual ¥18 ................... New financing authority (gross), detail: Spending authority from offsetting collections (change in receivables from program account) ..................... ................... 88.95 Change in receivables from program accounts ............ ................... ¥18 ................... 18 ................... 68.10 Program and Financing (in millions of dollars) Identification code 11–0033–5–1–453 Budgetary resources available for obligation: New financing authority (gross) .................................... ................... 22.00 1999 est. 2000 est. 22.00 24.40 Budgetary resources available for obligation: New budget authority (gross) ........................................ ................... Unobligated balance available, end of year ................. ................... ¥10 ................... ¥10 ................... 40.36 New budget authority (gross), detail: Unobligated balance rescission proposal (R99–2) ....... ................... ¥10 ................... 89.00 90.00 Net budget authority and outlays: Budget authority ............................................................ ................... ¥10 ................... Outlays ........................................................................... ................... ................... ................... This rescission proposal would rescind excess funds in this account. Funds were made available by the ‘‘Fiscal Year 1990 Dire Emergency Supplemental to Meet the Needs of Natural 89.00 90.00 Net financing authority and financing disbursements: Financing authority ........................................................ ................... ................... ................... Financing disbursements ............................................... ................... ................... ................... As required by the Federal Credit Reform Act of 1990, this non-budgetary account records all cash flows to and from the Government resulting from direct loans for foreign military financing obligated in 1992 and beyond. The foreign military financing credit program provides loans that finance sales of defense articles, defense services, and design and construction services to foreign countries and international organizations. The amounts in this account are a means of financing and are not included in budget totals. 1221
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