Under the Impoundment Control Act (ICA) of 1974, the president has the authority to permanently cancel federal funding once it has been enacted by Congress, referred to as a rescission. Under the ICA, the president must...more
On Friday, May 30, the Trump administration released the Technical Supplement to the 2026 Budget (“Appendix”). The appendix follows the May 2 release of the president’s recommendations on discretionary funding levels for...more
On Friday, May 2, President Trump released the fiscal year (FY) 2026 Skinny Budget (“Budget”). Per the release, the Budget reduces nondefense discretionary funding by $163 billion or 23% from the 2025 enacted level, while...more
On Monday, Jan. 27, President Donald Trump’s Office of Management and Budget (OMB) issued a memorandum (“memo”) directing all federal departments and agencies to “temporarily pause all activities related to obligation or...more