The Impoundment Control Act is back in the news after President Trump demanded rescissions to the omnibus spending and COVID relief packages passed by Congress last week. In a statement, the President said: As President I am demanding many rescissions under the Impoundment Control Act of 1974. The Act provides that, “whenever the President determines that all or part of any budget authority will not be required to carry out the full objectives or scope of programs for which it is provided, or that such budget authority should be rescinded for fiscal policy or other reasons (including termination of authorized
