Trump Seeks To Freeze $27.4 Billion Of Programs In Final Week Of Presidency

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President Trump on Thursday moved to freeze $27.4 billion worth of government programs in the last week of his presidency using a budget maneuver called rescission.

Under the 1974 Budget and Impoundment Control Act, the president can request that Congress rescind, or wind back budget authority over certain programs. While Congress considers the request, the programs can be frozen for up to 45 days, at which point the request expires if Congress does not act.

In a letter to congressional leadership, Trump specifically requested 73 cutbacks to the 2021 federal budget. The 73 proposed rescissions largely align with the annual budget proposal Trump has set out, which proposed extreme cuts to domestic programs. Congress roundly rejected the cuts each year.

The letter asked leaders in the House and Senate to impound funds from almost every Cabinet-level agency including the Environmental Protection Agency. The request also included cuts from the National Endowments for the Arts and Humanities, the Peace Corps and the Woodrow Wilson International Center for Scholars among a slew of others.

Read more at The Hill.

{Matzav.com}

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