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OGC-92-5 1 (1992-03-25)

handle is hein.gao/gaobabrol0001 and id is 1 raw text is: tq4i8~j


Counptrofler General
of the. United States
Waahlno D.C. 20548


B-246096.4


III1IIIiii
   146187


March 25, 1992


To the President of the Senate and the
Speaker of the House of Representatives

On February 19, 1992, the President submitted to the
Congress his third special impoundment message for fiscal
year 1992. This message reports one proposed rescission of
budget authority, one new deferral, and revises the amount
of one deferral previously reported. We have reviewed the
proposed rescission and the two deferrals and found them to
be in accordance with the impoundment Control Act, 2 U.S.C.
§ 681, et sec., as amended.

With regard to the rescission proposal, section 1012(b) of
the Act requires that funds proposed for rescission be made
available for obligation unless the Congress completes
action on rescission bills within the 45-day period of
continuous Congressional session following the day such
proposal is received by the Congress. As the Congressional
Calendar now stands, our Office and the Office of Management
and Budget have agreed that the 45-day period is scheduled
to end on April 4, 1992.

Enclosure I provides specific information with regard to the
two deferrals which we believe will be useful to the
Congress in its examination of the message. Enclosure II
provides a list of the proposed rescission and deferrals as
reported by the President.




Comptroller General
of the United States

Enclosures


GAO/OGC-92-5


S


Cf5-

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