A Useful Spending Debate - News Summed Up

A Useful Spending Debate


Republicans in this Congress have failed to tame federal spending—on either entitlements or the discretionary accounts that won a big increase in this year’s omnibus bill. Perhaps they can now impose at least a little restraint on money that the government isn’t even spending. Congress can claw back spending with a simple majority through a procedure in the Congressional Budget and Impoundment Control Act of 1974, and last week the White House sent such a $15 billion “rescissions” package to Capitol Hill. The Administration...


Source: Wall Street Journal May 13, 2018 21:11 UTC



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