This bill, known as the De-Supplemental Act or CUTS Act, would rescind unobligated COVID-19 relief funds and certain infrastructure program funds to offset the cost of foreign aid supplemental appropriations made in 2024. Specifically, it targets unused money from pandemic relief laws including the CARES Act and the American Rescue Plan, as well as unspent funds from education stabilization and transportation infrastructure programs. The bill affects any federal agencies or programs that received these funds and have not yet committed them to specific purposes. The rescission amounts would be limited to the total cost of the 2024 supplemental appropriations for Israel, Ukraine, and Indo-Pacific security assistance. The legislation was introduced in June 2024 and referred to the House Committees on Oversight and Accountability, Appropriations, and Transportation and Infrastructure.