After the ill-considered 2,300+ page Omnibus Budget Bill on which Congress had less than a day to read before voting, conservatives are calling for rescission.
“Under the 1974 Impoundment Act, the president can propose the rescission or deferral of funds in any spending bill, and Congress will have 45 days of continuous session to either approve of those cuts or not. Even better, rescission only requires 51 votes in the Senate.”
Congress has shown itself to be immune from pressure for spending restraint. Perhaps the shock of the Omnibus Bill will jolt them from their excesses.
Don’t hold your breath.
Why rescission is a must
From The Washington Times: By Dave Brat – – Thursday, April 12, 2018
Conservatives are horrified by the staggering $21 trillion in debt as well as the trillion dollar deficits we are running each year as a result of the latest omnibus bill and spending trajectory. Last month, my office’s phones were ringing off the hook with constituents dismayed that Washington is once again dramatically growing the size of government and their kids’ debt bill.
Adhering to the principles that I ran on, I voted no on the bill. As we learn more about what’s in the omnibus, the conservative outcry has been vindicated. The bill is stuffed with pork projects, wasteful expenditures and inappropriate spending levels.
By threatening to veto the omnibus spending package, the president showed us he understands that the American people have deep reservations about government spending levels — and an interest in securing the border and defunding Planned Parenthood. But, as he explained, the president felt forced to sign it because it fulfilled a central campaign promise to rebuild the military.
Fortunately, there is a way to keep the president and Republicans happy about the military budget and still cut some of the most glaring line items that made it into the final bill. President Trump now has the opportunity to renegotiate a better deal with Congress by pushing for Republicans to use one of President Reagan’s favorite tools, rescission.
Under the 1974 Impoundment Act, the president can propose the rescission or deferral of funds in any spending bill, and Congress will have 45 days of continuous session to either approve of those cuts or not. Even better, rescission only requires 51 votes in the Senate. Even if we have a few Republican defectors in the upper chamber, perhaps a handful of Democrats in red states can find fiscal sanity? After all, didn’t the Democrats (and their friends in the media) make a lot of noise about the $150 billion increase in deficit spending due to tax cuts? That was when the economic growth generated by our agenda would pay the tab. Now, when the deficit increase is $400 billion generated by increasing the spending swamp, we hear crickets.
Let’s start with cutting Senate Minority Leader Chuck Schumer’s Gateway Project, a pork project that would build a new tunnel to connect New Jersey and New York. The estimated cost of the project has doubled in the last decade and a single shovel hasn’t even pierced the ground. Why should taxpayers from my state have to pay for this? Can’t the residents of the financial capital of the world pay for it themselves? Mr. Trump should continue his fight to get this project defunded by ordering its rescission.