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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (1068273)	5/8/2018 2:36:32 PM
From: Brumar89	Respond to of 1585497

This is a Real Conservative Step in the White House by Erick Erickson The President will dust off a Presidential power unused in two decades to reduce the size and scope of government. Though it hasn't been done for roughly the last two decades, President Trump is going to deploy his rescission authority. This is a really solid conservative step by this White House for smaller government. Sadly, it is only a very small step -- about $15 billion, which the federal government spends in the blink of an eye. But that this is being done is notable and commendable. As my fried Russ Vought, now the deputy director of the Office of Management and Budget, explains, "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." [ Why isn't this being used to cut the shit out of spending? ] Mr. Trump’s rescissions package specifically goes after spending that is no longer necessary, has been diverted from its original intent, or has sat unused for years. The Energy Department’s loan program for Advanced Technology Vehicle Manufacturing hasn’t actually made a loan since 2011. By acting on the administration’s proposal, Congress can now rescind more than $4.3 billion that has been idle for seven years. The Children’s Health Insurance Program—which the administration strongly supports overall—contains $7 billion in funds that are either no longer necessary or can’t be spent because the authority to do so expired last year. Rescinding these funds will have no impact on the program. At some point Congress will likely “rescind” those funds as a budget gimmick to offset new spending elsewhere, as it did on the recently passed omnibus. Instead Congress should rescind the money now. There are other proposed cuts as well, which you can read here. The President resurrecting this authority is a good first, small step in the right direction towards reducing the size and scope of the federal government. We need more, much more, like this. themaven.net