WTF is impoundment?

Created
Thu, 22/06/2023 - 05:00
Updated
Thu, 22/06/2023 - 05:00
If a Republican get into the White House we’re going to find out Semafor (subsc. only)reports on Trump’s latest “policy” announcement: Donald Trump unveiled another sweeping piece of his plans to slash federal spending and defund the “deep state” on Tuesday, effectively claiming vast, unchecked powers to shape the government.  In a new video, first shared with Semafor, the former president vowed to scrap pieces of the Congressional Budget and Impoundment Control Act of 1974, the once obscure federal law he was accused of violating when he froze funding Congress had earmarked for Ukraine. That move helped lead to his first impeachment. The statute forces the executive branch to spend money Congress approves. But it also puts in place rules governing how the president can delay — or “impound” — federal funding for specific programs, or permanently rescind cash from them with permission from lawmakers. Congress passed it after President Richard Nixon attempted to scrap tens of billions in federal spending on his own, in what was widely seen as an abuse of his powers. On Tuesday, Trump vowed to challenge the law’s constitutionality in court, and in doing so effectively reserve the right to unilaterally cut the federal budget with the stroke of a pen. “Bringing back impoundment will give us a crucial tool with which to obliterate the Deep State, Drain the Swamp, and starve the Warmongers,” he said in the video. “We can simply choke off the money.” Trump appears to be promising deep cuts across much…