A bill to provide for across-the-board rescissions of nonsecurity discretionary spending.

S 360 would automatically reduce nonsecurity federal spending by specific percentages each fiscal year: 1% for 2026, 2% for 2027, and 5% annually starting in 2028. It directly affects nonsecurity discretionary programs like education, transportation, and scientific research (excluding defense and intelligence), as defined by the bill. The reductions apply pro rata across all such programs funded through annual appropriations. The Office of Management and Budget must report these cuts to Congress annually after each fiscal year ends.