January 29, 1981
To the Congress of the United States:
In accordance with the Impoundment Control Act of 1974, I herewith report a proposal to rescind $1.5 million in funds appropriated for the Council on Wage and Price Stability. The details of this rescission proposal are contained in the attached report.
RONALD REAGAN
The White House,
January 29, 1981.
Note: The attachment detailing the rescission is printed in the Federal Register of February 3, 1981.
Ronald Reagan, Message to the Congress Reporting a Budget Rescission Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/246691