Joni Ernst (R-IA)

Returning Unspent COVID Funds Act

S. 3166 · Senate bill Economics and Public Finance

A Republican bill with 3 Republican cosponsors · See all 3 cosponsors

Last activity — Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 266.

Cleared committee, waiting for its first floor vote

A committee approved it and it is on the calendar of the chamber it started in.

This is further than most bills get, and still no promise of a vote: the calendar is a queue, and the majority leadership decides what is called. A bill can sit here until the Congress ends.

Its path through Congress

  1. Introduced
  2. On Calendar

What this bill would do

This bill is called the Returning Unspent COVID Funds Act. Its goal is to take back unused money from several COVID-related laws to help reduce the national deficit. The money will be returned to the general fund of the Treasury. The President can stop certain funds from being taken back by submitting a notice for national security reasons.

Yes· 3 of 4

  • Scored +8

    Does this reduce what the federal government owes?

    The bill explicitly directs rescinded funds to the general fund for the sole purpose of deficit reduction.

  • Scored +7

    Does this reduce what the federal government spends?

    The act removes unobligated balances from several major COVID-related spending laws.

  • Scored +7

    Does this make the government pay for what it commits to?

    Recapturing unused funds to lower the deficit demonstrates a commitment to fiscal discipline.

The opposite· 3 of 20

  • Scored -4

    Does this make the country readier for the next outbreak?

    Rescinding funds from the Coronavirus Preparedness and Response Supplemental Appropriations Act reduces resources for future readiness.

  • Scored -3

    Does this make it easier to run a small business?

    Rescinding funds from the Paycheck Protection Program and Health Care Enhancement Act removes available support for small businesses.

  • Scored -3

    Would households on low incomes be better off under this?

    Rescinding funds from social safety net programs reduces the available resources for low-income support.