On the recordAugust 1, 2025
this amendment protects the work that we are doing today from a future rescission happening in a partisan basis. Now, realize this only affects FY 2026 and therefore only bills that have been both passed here and in the House and signed by President Trump. But here is why this is important: The work that we have done on a bipartisan basis has never been undone, until this last month, in the history of the Senate since the Congressional Budget Act of 1974 was passed. Why? Because we agreed that the rescissions--that is, to repeal existing spending already in law--would be done in a bipartisan way, just as the initial bill was done in a bipartisan way. This is important for us to work together, no matter who is in the White House in the future. I must say, this bipartisan work is so important to preserve our responsibilities under the Constitution here in the Senate and the House, where the Constitution assigns the responsibility for the power of the purse. I reserve the balance of my time.
Source
govinfo.gov




