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To: hoosiermama

FYI Budget Update

-President Trump just invoked the Impoundment Control Act of 1974 while signing the COVID bill, allowing him to redline areas that must be addressed.

-This sends it back to Congress forcing them to 1) repeal 230, 2) cut out the wasteful spending, 3) add $2k.

-This is a virtually unknown law and has taken Congress by surprise.

-It also signals his intent to invoke other laws in the coming weeks.


7,778 posted on 12/27/2020 6:26:40 PM PST by jennychase ( )
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To: jennychase; exit82

Great news, Jenny!!

Thank you POTUS!!


7,779 posted on 12/27/2020 6:28:36 PM PST by Jane Long (Praise God, from whom ALL blessings flow,)
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To: jennychase

A) Trump: I will sign the Omnibus and Covid package with a strong message that makes clear to Congress that wasteful items need to be removed.

B) Trump: I will send back to Congress a redlined version, item by item, accompanied by the formal rescission request to Congress insisting that those funds be removed from the bill.

551

7,782 posted on 12/27/2020 6:30:33 PM PST by gubamyster
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To: jennychase

Thanks, Jenny!


7,842 posted on 12/28/2020 6:44:58 AM PST by Rusty0604 (2020 four more years!)
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