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![handle is hein.gao/gaobaaycz0001 and id is 1 raw text is:
DOCUMENT RESUME
07392 - (r2968046]
fProposed 7escission of Budget katherity Made Available to the
Employment and Training Administration]. OGC-79-1; B-115398.
'Ictober 16, 1978. 1 pp.
Report to the Congress; by Paul G. Der'-sling, Geaeral Counsel.
Contact: Office of the General Counsel.
Budget Function: discolianeous: Impoundment Control Act of 1974
(1003).
Organization Concerned: Employment and Training Administration:
Office of Management and Budget.
Congressional Relevance: Congress
Authority: Inpoundment Control Ict of 1974.
In the Presidentfs l0tb special message for fiscal year
(FY) 1978 pursuant to the Impoundment Control Act, he -proposed
the rescission of $500 million in annual budqaet authority that
had been made available to the Employment and Trainirg
Administration for xdvances to the Unemployment Trust Fund and
other funds. The 45-day period required for congressional actionA
on the rescission proposal anded on September 22, 1978, without
the Congress having passed a resc:,suion bill. On 9ptember 21,
1978, the budget authority was apportioned to the Department of
Labor and funds were allotted to the prograr. zinc3 none of tha
budget authority was obligated prior to the end of F1 1978, the
$500 million lapsed on September 3C, 1978. (HTV)](ViewImageLocal?handle=hein.gao/gaobaaycz0001&div=1&collection=&method=preview&ext=.png&size=3)