Incentivize Savings Act

Summary

The Incentivize Savings Act changes how unspent appropriations are handled. If a federal agency fails to spend money within its authorized period, most of the leftover is split between carrying it over to the next fiscal year, paying down the national debt, and funding small retention bonuses for agency staff. The bill also limits future budget requests for those agencies to the prior year’s level, adjusted for inflation.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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