Name the last time it happened.
Ronald Reagan used rescissions to save billions of dollars. Over his eight years in office, Reagan proposed 596 rescissions, totaling $43 billion. Congress ultimately approved 213 of Reagan’s rescissions, for a savings of $16 billion — or roughly $34 billion after adjusting for inflation.
Sadly, in the years since Reagan left office, Congress has approved less than $6 billion worth of additional rescissions. According to the Government Accountability Office, no president has submitted a rescission proposal since fiscal 2000, and Congress hasn’t approved one since fiscal 1999.
http://www.freerepublic.com/focus/f-news/3646265/posts
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