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Keyword: rescissions

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  • Text of a Letter to the Speaker of the House of Representatives and the President of the Senate

    01/15/2021 4:20:19 PM PST · by ransomnote · 11 replies
    Whitehouse.gov ^ | January 14, 2021 | President Donald J Trump
    Dear Madam Speaker: (Dear Mr. President:)In accordance with section 1012(a) of the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C. 683(a)), I herewith report 73 rescissions of budget authority, totaling $27.4 billion.The proposed rescissions affect programs of the Departments of Agriculture, Commerce, Education, Energy, Health and Human Services, Homeland Security, the Interior, Justice, Labor, State, and the Treasury, as well as the African Development Foundation, the Commission of Fine Arts, the Corporation for National and Community Service, the District of Columbia, the Environmental Protection Agency, the Inter-American Foundation, the Millennium Challenge Corporation, the National Endowments for the Arts...
  • Trump averts shutdown, signs $2.3 trillion spending and COVID relief bill

    12/27/2020 10:29:17 PM PST · by bitt · 67 replies
    justthenews.com ^ | 12/28/2020 | john Solomon
    Trump had refused to sign a Covid relief bill until Congress raised the amount of money paid to everyday Americans. President Trump on Sunday night signed a $2.3 trillion federal spending and COVID relief bill, averting a government shutdown and ensuring millions of Americans continue to get unemployment benefits. Despite his misgivings about wasteful spending and low stimulus payments in the bill, Trump said he signed the legislation because “I have an obligation to protect the people of our country“ from further economic devastation. He said, however, “more money is coming” as Congress votes this week on larger checks. The...
  • A Spending Embarrassment

    06/24/2018 11:46:50 AM PDT · by Tolerance Sucks Rocks · 7 replies
    The Wall Street Journal ^ | June 24, 2018 | WSJ Editorial Board
    Republicans have had a rough week, mostly of their own making, and on Wednesday they added to their self-punishment with a spending fiasco in the Senate. Two GOP Senators blocked the Trump Administration’s rescissions package that would claw back $15 billion, much of which wasn’t even likely to be spent under current policy. A Senate procedural vote to move the rescissions package failed 48-50 after defections from Susan Collins of Maine and Richard Burr of North Carolina. From what we’ve heard Ms. Collins wanted to keep the money on ice so if it isn’t spent as part of its current...
  • Impoundment-Changes During The Nixon Administration, Deferrals, Rescissions (Debt Limit Options)

    07/20/2011 4:57:57 PM PDT · by Maelstorm · 2 replies
    http://law.jrank.org ^ | July 2011 | http://law.jrank.org
    An action taken by the president in which he or she proposes not to spend all or part of a sum of money appropriated by Congress. The current rules and procedures for impoundment were created by the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C.A. § 601 et seq.), which was passed to reform the congressional budget process and to resolve conflicts between Congress and President RICHARD M. NIXON concerning the power of the EXECUTIVE BRANCH to impound funds appropriated by Congress. Past presidents, beginning with THOMAS JEFFERSON, had impounded funds at various times for various reasons, without...
  • Rescissions: Much Ado About Nothing

    05/18/2010 1:03:22 PM PDT · by Nachum · 265+ views
    kaiser ^ | 5/18/10 | John Goodman,
    How many times have you heard President Obama say, “Health insurers won’t be able to drop your coverage just because you get sick?” Or Kathleen Sebelius? Or the Democratic leadership in Congress? Or the mainstream news media? You would think that the private health insurance industry was being revolutionized. In fact, it has been illegal since 1997, under the Health Insurance Portability and Accountability Act, for insurers to drop coverage because someone gets sick. And even before then, the practice almost never happened.
  • TxDOT told to ‘prioritize’ in road funding crisis

    05/21/2008 7:38:59 AM PDT · by Tolerance Sucks Rocks · 5 replies · 181+ views
    The Monitor ^ | May 20, 2008 | James Osborne
    McALLEN -- State senators on Tuesday ordered transportation officials to assess Texas' highway system and prioritize which regions are most in need of new roads. "We're expecting a full report, not some two-page letter," said state Sen. John Carona, R-Dallas, chairman of the Senate Committee on Transportation and Homeland Security. "You can't begin addressing the funding problems until you know when the roads are expected to come on line." The transportation committee, which met Tuesday morning at McAllen City Hall, has been at odds with the Texas Department of Transportation since earlier this year, when the agency announced the halt...
  • Gas tax won’t save I-35 project; raising excise tax wouldn’t be a popular move today

    04/04/2008 7:30:08 AM PDT · by Tolerance Sucks Rocks · 25 replies · 364+ views
    The Temple Daily Telegram ^ | April 4, 2008 | Paul A. Romer
    BELTON - There appears to be no easy way to address the challenges that inflation has brought to the Texas Department of Transportation. “We’ve seen 60 percent inflation over the last five years for transportation projects,” said Chris Lippincott, a TxDOT spokesman. To look to the federal government for assistance would appear foolhardy at this point as the Federal Highway Trust Fund is expected to become insolvent by 2009. The fund was created in 1956 to ensure a dependable source of financing for U.S. interstates and highways. “The Federal Highway Trust Fund is expected to go into the red very...
  • Gorden named to I-69/TTC advisory committee

    04/01/2008 5:50:42 PM PDT · by Tolerance Sucks Rocks · 2 replies · 239+ views
    The Lufkin Daily News ^ | April 1, 2008 | Gary Willmon
    Lufkin Mayor Jack Gorden has been selected by the Texas Transportation Committee to serve on a citizens' advisory committee for putting together information regarding the proposed Interstate 69/Trans-Texas Corridor. According to Texas Department of Transportation officials, advisory committee members represent a cross-section of community and business leaders, landowners, local transportation experts and others. "Our goal is to enhance the public dialogue and meaningfully involve more Texans in transportation decisions," said Texas Transportation Commission Chair Hope Andrade. "These committees will have an important seat at the table as we work together to shape the future of transportation for our state." Gorden...
  • TxDOT makes $1 billion error

    03/12/2008 2:15:26 PM PDT · by Tolerance Sucks Rocks · 16 replies · 852+ views
    The Cherokeean Herald ^ | March 12, 2008 | Leland Acker
    In the midst of inflation, funding difficulties and halted expansion projects, a budget error on the part of the Texas Department of Transportation (TxDOT) may have exacerbated their challenges. "TxDOT does some mysterious accounting," said Rep. Chuck Hopson (D-Jacksonville). "They had close to $1 billion counted in their budget twice." "That was a serious error on our part and we have made changes to try to prevent that type of error from occurring again," said TxDOT Spokesman Chris Lippincott, adding that the amount added twice in their financial statement was unrelated to the $1.2 billion in federal rescissions, which are...
  • Residents warn of toll from planned highway

    02/07/2008 1:17:44 PM PST · by Tolerance Sucks Rocks · 15 replies · 219+ views
    Longview News-Journal ^ | February 7, 2008 | Jimmy Isaac
    Not one of the 11 East Texans who approached the podium at Wednesday's hearing on Interstate 69 voiced support for the planned highway. "This is highway robbery, and we should not pursue this project," said David Simpson, a Longview resident and fifth-generation Texan. "This process has bypassed the Constitution. It has bypassed the U.S. Congress, and I'm opposed to it because of the unconstitutional way that it has been pushed through." The public hearing, held at Maude Cobb Convention and Activity Center, was a chance for residents to comment and ask questions about Interstate 69/Trans-Texas Corridor. The corridor would extend...
  • TxDOT cash crunch waylays Austin projects

    12/08/2007 1:42:01 PM PST · by Tolerance Sucks Rocks · 7 replies · 354+ views
    Austin American-Statesman ^ | December 8, 2007 | Ben Wear
    Local toll authority likely to carry more of the burden for designing, building second wave of Austin-area toll roads The Texas Department of Transportation after February will cease awarding contracts for new or expanded roads, a belt-tightening that probably will indefinitely delay a number of Central Texas highway projects. Work on some local projects, such as widening FM 1460 between Round Rock and Georgetown, RM 2338 in Williamson County, and Texas 195, which runs from Interstate 35 in Williamson County to Killeen, will be shelved for now. In addition, the edict will force Central Texas' local toll authority to carry...