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IPFS News Link • Trump Administration

President Trump Releases 'Historic Rescissions Package' To Force Congressional Budget Cuts


President Donald Trump is well on his way to draining the swamp, and that means budget cuts. Congress is dragging their feet, but Trump is continuing to put pressure on them on behalf of the American people to make cuts that will put the US back on the road toward solvency.

This is why the Trump administration has released what they refer to as their historic rescissions package – demanding that Congress rescind more than $15 billion in previously appropriated funding. He is using his authority under the Congressional Budget and Impoundment Control Act of 1974 (ICA) to send this special message for Congress to get their fiscal house in order.

"Since taking office, President Trump has proposed billions in cuts through multiple budget requests to Congress. Given the long-term fiscal constraints facing our Nation, the President is committed to using all available tools to put our fiscal house back in order," a fact sheet released by the White House reads.

"Since the President cannot rescind funding on his own, Congress needs to pass new legislation to eliminate this funding. The ICA provides special procedures for the President to propose rescissions and for Congress to quickly act on them," it reads.