Impoundment Control Act

The Congressional Budget and Impoundment Control Act of 1974 is a US federal law that governs the congressional budget process. It established the Congressional Budget Office and governs the annual adoption of a budget resolution, which sets fiscal policy for Congress and can specify a budget reconciliation bill. The act has been amended several times, including the Balanced Budget and Emergency Deficit Control Act of 1985 and the Balanced Budget Act of 1997. The Byrd Rule, introduced in 1985, allows senators to raise points of order against provisions in reconciliation bills deemed extraneous, such as sunset provisions that can expire after a certain period. The Impoundment Control Act of 1974 also specifies that the president may request Congress to rescind appropriated funds, but Congress is not required to vote on the request and has often ignored presidential requests.learn more on wikipedia