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S 3166119th CongressIntroduced
Returning Unspent COVID Funds Act
Introduced: Nov 7, 2025
Sponsor: Sen. Ernst, Joni [R-IA] (R-Iowa)
Economy & TaxesLabor & EmploymentSocial Services
Standard Summary
Comprehensive overview in 1-2 paragraphs
The bill rescinds unobligated balances from multiple pandemic-era relief acts, including the CARES Act and American Rescue Plan, to reduce the federal deficit while allowing national security exemptions.
Key Points
- 1Rescinds unspent funds from specified pandemic relief legislation
- 2Includes a national security waiver for program exemptions
- 3Redirects rescinded funds exclusively to deficit reduction
Impact Areas
Federal budget deficitState/local governments with unspent pandemic fundsSmall businesses via Paycheck Protection Program balancesUnemployment insurance programsTaxpayers through fiscal policy changes
Generated by legislative-analysis-v3 on Nov 12, 2025