A bit of a haircut - President Trump

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Every little bit helps - from Market Watch:

Trump proposes clawing back $15 billion in federal spending in single-largest ‘rescission’ package
President Trump will propose cutting $15.4 billion in federal spending on Tuesday, relying on a rarely used executive budget power to ease deficit concerns raised by conservative Republicans.

And a bit more:

Describing the proposed cuts as the single-largest so-called rescission proposal in U.S. history, a White House official said more than 30 programs would be cut overall if Congress approves the measure. The cuts also include a $4 billion reduction in a loan program intended to improve vehicle technology that officials said has not been used since 2011.

And the proposal recommends clawing back $107 million from a “technical assistance” fund in the Hurricane Sandy recovery package approved by Congress in 2013, more than $250 million in unspent money from the Ebola virus outbreak and unspent funds for Medicare and Medicaid pilot programs in the Affordable Care Act.

As usual, the liberals are whining that their rice bowls are being taken away:

House Minority Leader Nancy Pelosi, a California Democrat, indicated in a statement Monday night that her party would push back. “These Republican rescissions show the hypocrisy of a GOP Congress that insists on tight budgets for children and families while handing enormous, unpaid-for giveaways to corporations and the wealthiest,” Pelosi said.

The people served by these organizations are still going to get help. What this rescission does is to cut back on the administrative side of these bureaucracies. Make them accountable and efficient. People like Pelosi want bloat - this allows them to have more power and to give more people government jobs.

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This page contains a single entry by DaveH published on August 12, 2018 4:54 PM.

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