rescission

The full board took up her case on Monday and later voted to order a rescission hearing, referring the case to a lower panel to consider whether to rescind the earlier recommendation.

Under a 1974 law, appropriated funds must be made available for their intended purpose unless a rescission is approved by both the Senate and House of Representatives.

Simpson said that without such rescissions, as they are called in Washington, he couldn’t vote for the agriculture spending bill because the cuts “would have just been devastating.”

The Congressional Budget Office has projected that the $1.4 billion rescission will actually increase deficits by about $900 million over the next decade because it will lead to less tax revenue coming in.

Additional cuts to infrastructure development grants and rescission of funds for small meat and poultry processing plants would total about $1.5 billion, the agency said.