A bill to make 5 percent across-the-board rescissions in non-defense, non-homeland-security, and non-veterans-affairs discretionary spending for each of fiscal years 2024 and 2025.

S 327 would reduce funding by 5% for all non-defense, non-homeland-security, and non-veterans-affairs federal programs in fiscal years 2024 and 2025. This applies to all discretionary spending accounts outside defense, homeland security, and veterans affairs, including programs like education, environmental protection, and scientific research. The bill mandates a proportional cut across all affected accounts and requires the Office of Management and Budget to report the specific reductions to Congress within 30 days. It directly impacts agencies and programs funded through non-exempt discretionary appropriations.