,,ii #aaith ,,congress #ast ,session ,s4 #bahg ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,june #bf 7legislative day1 ,june #bd71 #bjbe,ms4 ,lummis 7for herself and ,mr4 ,scott of ,florida7 introduced the following bill2 which was read twice and referred to the ,committee on ,appropriations ,a ,,bill ,to rescind amounts appropriated for grants that are not accepted by a ,state or local government and use the amounts for deficit reduction4 #a4 ,short title ,this ,act may be cited as the ,pay ,down the ,debt ,act4 #b4 ,rescission of grant funds not accepted by ,states and local governments 7a7 ,in general ,if a ,state or local government does not accept amounts that are to be awarded to the ,state or local government under a grant from the ,federal ,government1 an amount equal to the amount to be awarded to the ,state or local government shall be rescinded from the applicable appropriation account4 7b7 ,use for deficit reduction ,amounts rescinded under subsection 7a7 shall be deposited in the general fund of the ,treasury for the sole purpose of deficit reduction4