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A Crucial First Step Toward Fiscal Discipline: Why the President and Congress Should Pursue a Rescissions Package

Heritage 2018.05.04
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Although Congress alone has the ability to provide funding to federal agencies and programs, under the Constitution, the President is ultimately responsible for how the appropriations are executed. On March 23, Congress passed a massive fiscal year (FY) 2018 omnibus appropriations act that increased base discretionary spending by $138 billion more than FY 2017. The President and Congress are reportedly working together on a rescissions package which would be a chance to claw back wasteful and inappropriate spending included in the omnibus. A rescissions package is by no means the answer to the U.S.’s long-term debt problems, but it is a means for Congress and the President to begin addressing the present spending issues.

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