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The Impoundment Control Act of 1974 provides that the president may propose rescission of specific funds, but that rescission must be approved by both the House of Representatives and Senate within 45 days. In effect, the requirement removed the impoundment power, since Congress is not required to vote on the rescission and, in fact, has ...
"Twisting the President's Arm: The Impoundment Control Act as a Tool for Enforcing the Principle of Appropriation Expenditure". Yale Law Journal. 100 (1): 209– 228. doi:10.2307/796769. JSTOR 796769. Pfiffner, James P (1979). The President, the Budget, and Congress: Impoundment and the 1974 Budget Act. Westview Press. ISBN 0-89158-495-1.
The Impoundment Control Act of 1974, in Trump’s telling, is “not a very good act; this disaster of a law is clearly unconstitutional, a blatant violation of the separation of powers.”
Trump has promised to drastically slash federal spending by using Elon Musk as an adviser to a new committee and possibly by impoundment
Train v. City of New York, 420 U.S. 35 (1975), was a statutory interpretation case in the Supreme Court of the United States. [1] Although one commentator characterizes the case's implications as meaning "[t]he president cannot frustrate the will of Congress by killing a program through impoundment," [2] the Court majority itself made no categorical constitutional pronouncement about ...
The National Credit Union Administration (NCUA), government backer of credit unions, equivalent to the FDIC. The National Labor Relations Board (NLRB) administers the principal United States labor law, the National Labor Relations Act. The board is vested with the power to prevent or remedy unfair labor practices and to safeguard employees ...
Political and economic observers might want to familiarize themselves with the wonky concept of 'impoundment.' Donald Trump (and 'first buddy' Elon Musk) could make it front and center in 2025.
Signed into law by President Ronald Reagan on September 13, 1982 The Antideficiency Act ( ADA ) ( Pub. L. 97–258 , 96 Stat. 923 ) is legislation enacted by the United States Congress to prevent the incurring of obligations or the making of expenditures (outlays) in excess of amounts available in appropriations or funds.