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In roughly this sense, the President detains funds in the treasury rather than spending them as appropriated. The first use of the power by President Thomas Jefferson involved refusal to spend $50,000 ($1.24 million in 2023) in funds appropriated for the acquisition of gunboats for the United States Navy. He said in 1803 that "[t]he sum of ...
How Donald Trump could try to use presidential impoundment to cut federal spending.
Trump also targeted Harris’ support for a nonprofit bail fund in 2020, amid her first presidential bid. “She went out in Minnesota and wanted to let criminals that killed people, that burned ...
President Trump's pick to lead the Office of Management and Budget faced a tough grilling from Democratic lawmakers on the Senate Budget Committee on Wednesday.
US Vice President and Democratic presidential candidate Kamala Harris (R) shakes hands with former US President and Republican presidential candidate Donald Trump during a presidential debate at ...
In late November 2019, the Impoundment Control Act made news during the Trump impeachment investigation, when two budget office staffers resigned over their concerns over apparent improprieties regarding the hold of approved Ukraine military funds. Among the concerns was the questionable transfer of decision-making authority to Michael Duffey ...
It told CNBC: “President Trump is a businessman who built the greatest economy in American history, and certainly doesn’t need economics lessons from the radical San Francisco liberal pushing ...
The supply of workers from immigration will be 10,000 per month lower if Trump wins with a divided government than if Harris becomes president, Goldman Sachs estimates.