A bill to rescind certain budget authority contained in the message of the President of July 20, 1978 (H. Doc. 95-370) transmitted pursuant to the Impoundment Control Act of 1974.

Rescinds $500,000,000 of the funds appropriated in the Departments of Labor and Health, Education, and Welfare Appropriations Act, 1977, pursuant to the Impoundment Control Act of 1974.