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.
Great news, Jenny!!
Thank you POTUS!!
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.
Thanks, Jenny!