Overview

Title

To repeal the Impoundment Control Act of 1974.

ELI5 AI

H.R. 10414 is a bill that wants to get rid of a rule that lets the President hold onto money that Congress has decided to spend. If this happens, it means there might be less checking on how money is spent by the government.

Summary AI

H. R. 10414 seeks to repeal the Impoundment Control Act of 1974. The bill was introduced by Mr. Clyde and several co-sponsors, and it was referred to the Committee on the Budget and the Committee on Rules for review. The Impoundment Control Act currently allows the President to withhold or delay spending money that Congress has allocated, and this repeal would eliminate those provisions.

Published

2024-12-16
Congress: 118
Session: 2
Chamber: HOUSE
Status: Introduced in House
Date: 2024-12-16
Package ID: BILLS-118hr10414ih

Keywords AI

impoundment control act of 1974 budgetary oversight fiscal responsibility executive branch spending congressional budget control mr. clyde legislative decision fiscal accountability budgetary control mechanisms repeal legislation

Sources

Bill Statistics

Size

Sections:
1
Words:
245
Pages:
1
Sentences:
5

Language

Nouns: 94
Verbs: 9
Adjectives: 3
Adverbs: 2
Numbers: 10
Entities: 41

Complexity

Average Token Length:
3.80
Average Sentence Length:
49.00
Token Entropy:
4.17
Readability (ARI):
24.16

AnalysisAI

General Summary of the Bill

The proposed bill, H.R. 10414, introduced in the U.S. House of Representatives on December 16, 2024, seeks to repeal the Impoundment Control Act of 1974. This piece of legislation has been a significant component of U.S. law for several decades, designed to provide Congress with oversight over the executive branch's handling of budgetary decisions and ensure lawful appropriations are expended as intended. The bill is currently under review by the Committee on the Budget and the Committee on Rules for further consideration.

Summary of Significant Issues

A primary concern surrounding the proposed repeal is the potential reduction in oversight over the executive branch's budgetary decisions. Without the checks and balances established by the Impoundment Control Act, there might be a risk of excessive or ill-considered spending, which could lead to waste or favoritism in the allocation of federal funds. Additionally, the bill does not expound on the underlying motivations or reasonings for the repeal, leading to questions about the transparency and implications of such a legislative change. This lack of clarity may undermine confidence in fiscal policies and processes going forward.

Impact on the Public

The repeal of the Impoundment Control Act could have significant implications for the broader public. At the heart of the Act is its role in maintaining fiscal responsibility and ensuring appropriations are used as intended by Congress. Its repeal could shift the balance of power in fiscal decision-making, potentially leading to a scenario where the executive branch has more independence—and possibly less accountability—in how it handles federal funds. This change may affect the effectiveness and efficiency of government spending, impacting public programs and services reliant on federal budgets.

Impact on Specific Stakeholders

Government Entities:
The repeal could afford the executive branch greater latitude in budgetary matters, impacting Congress's traditional oversight role. While this could lead to a more streamlined decision-making process, it might also diminish the checks and balances that have been in place, altering the dynamic between these two branches of government.

Taxpayers:
For the taxpayer, the potential for reduced oversight carries the risk of fiscal mismanagement. While the intention behind budgetary decisions might remain aligned with public interests, the reduced level of scrutiny could inadvertently result in inefficient allocation of funds.

Public Programs and Beneficiaries:
Programs relying on stable and predictable federal funding might experience changes. There's a concern that without regulatory oversight, the priorities of program funding could shift unexpectedly, affecting service delivery to communities dependent on these programs.

In conclusion, while the bill presents a straightforward action of repealing a long-standing fiscal oversight law, the broader implications are significant and warrant thorough examination. Stakeholders across the spectrum—from government officials to everyday citizens—may be impacted by any resultant shifts in fiscal governance and accountability.

Issues

  • The repeal of the Impoundment Control Act of 1974 could lead to less oversight on budgetary decisions by the executive branch, potentially resulting in unfettered spending without checks against potential waste or favoritism. This raises significant concerns about fiscal responsibility and accountability. [Section 1]

  • The bill does not specify the reasoning behind the repeal of the Impoundment Control Act of 1974, which may raise concerns about the motivations and potential implications of this legislative decision. Lack of transparency could erode trust in governmental fiscal policies. [Section 1]

  • The potential impacts on fiscal oversight and budgetary control mechanisms due to the repeal are not addressed, leaving ambiguity about future processes. This introduces uncertainty about how budgetary control will be maintained moving forward. [Section 1]

Sections

Sections are presented as they are annotated in the original legislative text. Any missing headers, numbers, or non-consecutive order is due to the original text.

1. Repeal of Impoundment Control Act of 1974 Read Opens in new tab

Summary AI

The text declares that the Impoundment Control Act of 1974, which is a part of U.S. law, is officially being revoked and will no longer be in effect.