White House Looking To Roll Back $25 Billion From Massive Spending Bill – IOTW Report

White House Looking To Roll Back $25 Billion From Massive Spending Bill

DC- President Donald Trump’s administration is going to roll out a recision package in the coming weeks that will roll back $25 billion from the $1.3 trillion spending bill Congress passed in April, a source with first-hand knowledge told The Daily Caller News Foundation.

“I will never sign another bill like this again. I’m not going to do it again. Nobody read it. It’s only hours old. Some people don’t even know what is in it. $1.3 trillion dollars–it is the second largest ever,” the president said in late March when he signed the Republicans’ spending bill.

The White House was expected to release a recision package — a request to rescind funds Congress previously appropriated — Tuesday, but that did not materialize. The administration was reportedly looking at rolling back between $30 and $60 billion from the $1.3 trillion spending bill.

Trump proposed a 2018 budget that was, notably, $114 billion less in domestic spending than what Congress passed in March. The president has since expressed outrage about the deal Senate Majority Leader Mitch McConnell and Speaker of the House Paul Ryan struck with Democratic leadership, characterizing it as a back door deal that illustrates Washington’s dysfunctional working environment.

The president even threatened to veto the bill only hours before he signed it into law, calling it a “waste of money.” more

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