Dear Mr. Speaker: (Dear Mr. President:)
In accordance with the Congressional Budget and Impoundment Control Act of 1974, I herewith report three rescissions of budget authority, totaling $35 million; one new deferral of $185 million of budget authority; and, two revised deferrals of budget authority, totaling $1.5 billion.
The proposed rescissions affect the programs of the Department of Interior, Unanticipated Needs for Natural Disasters, and International Assistance Programs. The proposed deferrals affect programs of the Department of State and International Assistance Programs.
Sincerely,
WILLIAM J. CLINTON
NOTE: Identical letters were sent to J. Dennis Hastert, Speaker of the House of Representatives, and Albert Gore, Jr., President of the Senate. An original was not available for verification of the content of this letter. The report detailing the rescissions and deferrals was published in the Federal Register on February 10.
William J. Clinton, Letter to Congressional Leaders Reporting Budget Rescissions and Deferrals Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/225821