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Trump cancels nearly $1bn in US spending using rare ‘pocket rescission’ power: What is it?

1 source · first seen 18:35 26 Sept · updated 18:35 26 Sept

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Donald Trump38 today US deficit2 today Government capex5 today US economy7 today

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Trump’s rescission of congressional spending

Trump sought to withhold $800 million in funds approved by Congress. He later cancelled nearly $1 billion in US spending using a rare power known as a pocket rescission.

Saturday, 26 September

18:35You are here
Trump cancels nearly $1bn in US spending using rare ‘pocket rescission’ power: What is it?
08:482 sources
Trump seeks to withhold $800 million in Congress-approved funds

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Financial ExpressTrump cancels nearly $1bn in US spending using rare ‘pocket rescission’ power: What is it?18:35