To pay for the full cost of extending additional unemployment insurance and other Federal programs by rescinding unspent federal funds not obligated for any purpose.

SA 3723. Mr. COBURN submitted an amendment intended to be proposed to
amendment SA 3721 proposed by Mr. Baucus to the bill H.R. 4851, to
provide a temporary extension of certain programs, and for other
purposes; as follows:

At the end of the bill, insert the following:

SEC. __. RESCISSION OF UNSPENT AND UNCOMMITTED FEDERAL FUNDS.

(a) In General.--Notwithstanding any other provision of
law, of all available unobligated Federal funds, the greater
of $20,000,000,000 and the amount determined necessary under
the Statutory Pay-As-You-Go Act of 2010 (Public Law 111-139;
124 Stat. 8) to offset the budgetary effect of this Act,
excluding this section, in appropriated discretionary
unexpired funds are rescinded.
(b) Implementation.--Not later than 60 days after the date
of enactment of this Act, the Director of the Office of
Management and Budget shall--
(1) identify the accounts and amounts rescinded to
implement subsection (a); and
(2) submit a report to the Secretary of the Treasury and
Congress of the accounts and amounts identified under
paragraph (1) for rescission.
______