What Are Budget Rescissions and Pocket Rescissions? (with Philip Wallach)

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The topic of this episode is, what are budget rescissions and pocket rescissions? Rescissions have been in the news recently. This past July President Donald J. Trump sent the House and Senate a rescissions message . This memorandum requested that Congress rescind, or take back, spending authority it had previously granted. Congress passed the legislation, which cut $9 billion from foreign aid, the U.S. Institute for Peace, and the Corporation for Public Broadcasting. A rescission of funds has not occurred since 1999, when former President Bill Clinton, a Democrat, struck a deal with the Republican-held House and Senate. Now the Trump administration is attempting a maneuver called a “pocket…