Moolenaar Introduces Bill to Claw Back Unspent Funding and Pay Down Debt

Today, Congressman John Moolenaar introduced legislation that would rescind unobligated funding at federal departments from the American Rescue Plan Act. The bill would return the funding to the Treasury to pay down the federal debt. In March of 2021, the American Rescue Plan Act was signed into law, and yet nearly two years later, some of the funding approved in the legislation has not been used by federal departments.

"The pandemic is over – President Biden said so himself – and yet there are still unspent funds sitting at federal departments that he said were needed for the pandemic response. It is time to direct those funds back to the Treasury and pay down the debt. The trillions Biden has already spent in just two years has helped drive inflation to 40-year highs. My legislation will help rein in inflation that is hurting Michigan families and stop Biden from spending even more,” said Moolenaar.

A copy of the Saving Taxpayers' Money and Paying America's Debt Act can be found here.

On February 26, 2021, Moolenaar voted against the American Rescue Plan Act when it passed the House with a 219-212 vote.