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The White House Announces Its Rescission Package
whitehouse.gov ^ | 5/8/2018 | white house

Posted on 05/08/2018 12:04:15 PM PDT by bitt

Washington has a spending problem. The national debt is now more than $21 trillion and the deficit could reach $1 trillion next year.

Through his two budget requests to Congress, President Trump has proposed trillions of dollars in common-sense spending cuts. He has sought to eliminate outdated and ineffective programs across the federal government, ending the debt spiral.

Among the fiscal tools at Mr. Trump’s disposal is Title X of the 1974 Congressional Budget and Impoundment Control Act. That law gives the president authority to propose rescinding specific funding previously approved by Congress. Because such “rescissions” require Congress to pass new legislation, the law allows the president to freeze these funds for 45 days. Rescissions can be approved with simple majorities in both houses, meaning the Senate can’t block them with a filibuster.

(Excerpt) Read more at whitehouse.gov ...


TOPICS: Breaking News; Business/Economy; Constitution/Conservatism; Government
KEYWORDS: 115th; 2018issues; djt; draintheswamp; maga; rescission; trump; trumpbudget
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1 posted on 05/08/2018 12:04:16 PM PDT by bitt
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To: ransomnote; Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; 2ndDivisionVet; ...

p


2 posted on 05/08/2018 12:04:36 PM PDT by bitt (Back when we had CHILD CONTROL we really didn't need GUN CONTROL)
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To: ransomnote; Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; 2ndDivisionVet; ...

p


3 posted on 05/08/2018 12:04:43 PM PDT by bitt (Back when we had CHILD CONTROL we really didn't need GUN CONTROL)
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To: bitt

Slash and Burn, Baby! MAGA!

Man, I cannot get over how PDJT hits it on EVERY front - DAILY! The man amazes me!

Sure shows you what lackluster (and destructive) Leadership we’ve had through the years. This guy gets. things. done.

I love that! :)


4 posted on 05/08/2018 12:07:10 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: bitt

Here it comes...walking down the street....


5 posted on 05/08/2018 12:08:06 PM PDT by Extremely Extreme Extremist (Democracy: The cliff's edge of Marxism)
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To: bitt

Liberals heads explode..........film at eleven....................


6 posted on 05/08/2018 12:08:42 PM PDT by Red Badger (Remember all the great work Obama did for the black community?.............. Me neither.)
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To: Extremely Extreme Extremist

https://www.youtube.com/watch?v=43vOAw2sAFU


7 posted on 05/08/2018 12:09:51 PM PDT by Red Badger (Remember all the great work Obama did for the black community?.............. Me neither.)
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To: bitt

Bump!


8 posted on 05/08/2018 12:12:09 PM PDT by Jim Robinson (Resistance to tyrants is obedience to God!)
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To: bitt
Rescissions can be approved with simple majorities in both houses, meaning the Senate can’t block them with a filibuster.

That takes away Paul Ryan's lie that the US House can't do anything because "it will not pass the Senate."

On and count down to the Hate Trump always trolls whining it not enough 3-2-1...

9 posted on 05/08/2018 12:12:41 PM PDT by MNJohnnie ("The political class is a bureaucracy designed to perpetuate itself" Rush Limbaugh)
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To: Jim Robinson

WINNING!!!!


10 posted on 05/08/2018 12:13:10 PM PDT by mplc51
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To: Red Badger

Best cover EVER Bill Murray - Stripes

https://www.youtube.com/watch?v=aJT3-PeoLRo


11 posted on 05/08/2018 12:13:11 PM PDT by heterosupremacist (Resistance to tyrants is obedience to God. - (Thomas Jefferson)
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To: Pride in the USA; Stillwaters

Winning!


12 posted on 05/08/2018 12:13:34 PM PDT by lonevoice (diagonally parked in a parallel universe)
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To: bitt
Rescissions can be approved with simple majorities in both houses, meaning the Senate can’t block them with a filibuster.

Heh heh...

13 posted on 05/08/2018 12:13:38 PM PDT by Billthedrill
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To: bitt
"Rescissions can be approved with simple majorities in both houses, meaning the Senate can’t block them with a filibuster."

Well....this could get interesting...

14 posted on 05/08/2018 12:14:13 PM PDT by goodnesswins (White Privilege EQUALS Self Control & working 50-80 hrs/wk for 40 years!)
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To: bitt

“Thank you sir! May I have another?” Haha-that’s going to leave a mark for sure...


15 posted on 05/08/2018 12:14:19 PM PDT by Texan5 ("You've got to saddle up your boys, you've got to draw a hard line"...)
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To: bitt
Trump to the swamp...


16 posted on 05/08/2018 12:15:09 PM PDT by JenB987
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To: Diana in Wisconsin
Makes you wonder when the man sleeps? Trump train running on high energy...


17 posted on 05/08/2018 12:15:37 PM PDT by Magnum44 (My comprehensive terrorism plan: Hunt them down and kill them)
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To: MNJohnnie
That takes away Paul Ryan's lie that the US House can't do anything because "it will not pass the Senate."

Nah, they'll just say that without McCains vote, it can't pass in the Senate. And kill it.

18 posted on 05/08/2018 12:24:02 PM PDT by pepsi_junkie (Russians couldnt have done a better job destroying sacred American institutions than Democrats have)
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To: Diana in Wisconsin

I voted for him because he is a businessman, and no other reason. America is a business, and the problem has been electing corrupt lawyers to run it. How can they run a business if they don’t know what it is? Fiscal idiocy.

I’m very happy PDJT is being America’s Businessman!

‘Face


19 posted on 05/08/2018 12:28:05 PM PDT by Monkey Face (In this world intelligent people are full of doubts while the stupid ones are full of confidence.)
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To: Red Badger

Lady (term used loosely) talking head on the radio said, this guy knows nothing about negotiating.


20 posted on 05/08/2018 12:41:27 PM PDT by Jolla
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