evidence: From 2020 to 2022, the federal government enacted several pieces of legislation related to the COVID-19 pandemic. Now, as part of a deal to suspend the debt ceiling, policymakers are rescinding the remaining funding for COVID-19 relief as a means to reduce federal spending. The Congressional Budget Office (CBO) estimates that rescinding the remaining $56 billion in funding from appropriations related to the pandemic would result in savings of $30 billion in outlays over the next few years. CBO’s estimate of savings reflects their assumption that some of the authority provided would never have been spent.