To the Congress of the United States:
In accordance with the Congressional Budget and Impoundment Control Act of 1974, I herewith report one rescission proposal, totaling $16.7 million, one revised deferral, and one new deferral of budget authority. Including the revised and the new deferrals, funds withheld in FY 1992 now total $5.6 billion.
The proposed rescission affects the Department of Housing and Urban Development. The deferrals affect the Agency for International Development and the Department of Agriculture.
The details of the proposed rescission and deferrals are contained in the attached report.
George Bush
The White House,
February 19, 1992.
Note: The attachment detailing the proposals was published in the Federal Register on February 26.
George Bush, Message to the Congress Reporting Budget Rescissions and Deferrals Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/266591