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  2. Impoundment of appropriated funds - Wikipedia

    en.wikipedia.org/wiki/Impoundment_of...

    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 ...

  3. Congressional Budget and Impoundment Control Act of 1974

    en.wikipedia.org/wiki/Congressional_Budget_and...

    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 ...

  4. What is impoundment? How Trump thinks he can control spending ...

    www.aol.com/impoundment-trump-thinks-control...

    The funds were ultimately released, and the Government Accountability Office argued that the Trump administration broke the law by withholding the aid. What did Trump say before he was elected?

  5. What is impoundment? How Trump wants to circumvent ... - AOL

    www.aol.com/news/impoundment-trump-wants...

    Trump has promised to drastically slash federal spending by using Elon Musk as an adviser to a new committee and possibly by impoundment

  6. Train v. City of New York - Wikipedia

    en.wikipedia.org/wiki/Train_v._City_of_New_York

    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 ...

  7. Why Elon Musk thinks 'impoundment' could be the key to ... - AOL

    www.aol.com/finance/why-elon-musk-thinks...

    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.

  8. Gramm–Rudman–Hollings Balanced Budget Act - Wikipedia

    en.wikipedia.org/wiki/Gramm–Rudman–Hollings...

    This deficit is the amount by which expenditures by the federal government exceed its revenues each year and was at the time the largest in history in dollar terms. The Acts provided for automatic spending cuts ("cancellation of budgetary resources", called "sequestration") if the total discretionary appropriations in various categories exceed ...

  9. Impoundment - Wikipedia

    en.wikipedia.org/wiki/Impoundment

    Coal slurry impoundment, a specialized form of such a reservoir used for coal mining and processing; Impounded dock, an enclosed ship dock that uses locks to impound water to a consistent depth within the dock area; Impoundment rights, a German system of permits and taxes for damming rivers