Rescinding $15 billion of that waste is just the beginning of any return to fiscal responsibility, but at least it’s something
Dan Calabrese , Bio and Archives--June 7, 2018
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Republicans like to complain that, while they’d love to cut spending, the complicated machinations of the congressional budgeting process simply don’t allow them to do so unilaterally. There are filibuster threats. There are are limits to the reconciliation process.
Hey, if only we could! Too bad the way Washington works!President Trump’s rescissions proposal cuts wasteful programs, including more than a dozen that Citizens Against Government Waste has identified in its annual database and congressional pig book. The package includes $523 million in energy loans from the 2009 stimulus package, $86 million in unspent transportation earmarks, $30 million for economic development assistance grants, and $13 million for high energy cost grants, all of which exemplify Washington’s profligate spending. Support for the rescissions package should be bipartisan, and there are signs it actually is. In April, House Minority Whip Steny Hoyer (D-Md.) expressed his support for rescinding funds that have been sitting unspent, saying, “I wouldn’t irrationally oppose a rescission which said we’ve had money laying in an account that has not been spent for one, two, three years, we shouldn’t just have it sitting in that account.” All the rescissions being proposed by President Trump meet Hoyer’s standards. As the rescissions submission states, the funds are “unobligated balances from prior year appropriations” that are “no longer needed for the purpose for which it was appropriated by the Congress” and which have “been left unspent by agencies for years.” Some of the programs are low priority and nonessential. The outcries over the rescission of funds for the Children’s Health Insurance Program (CHIP) are a red herring. The authorization for $5.1 billion in CHIP funds expired last September. In January, Congress passed a six-year extension of CHIP as part of the continuing resolution for fiscal 2018. The renewal of the program will end up saving taxpayers $6 billion over 10 years.
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