HomeNewsBiden Reverses Trumps $27.4 Billion Cut to Wasteful Government Spending Biden Reverses Trumps $27.4 Billion Cut to Wasteful Government Spending
Posted by Brian Ford on February 02, 2021On January 14th, President Trump notified Congress that he planned to block $27.4 billion in federal funding from the coronavirus relief bill that he deemed wasteful.
The funds were earmarked for 28 different federal agencies including the Treasury, Departments of Agriculture, Education, and Commerce.
Trump supported the overall bill but stated, “I will sign the Omnibus and Covid package with a strong message that makes clear to Congress that wasteful items need to be removed. I will send back to Congress a redlined version, item by item accompanied by the formal rescission request to Congress that those funds be removed from the bill.”
President Biden has since written a letter to Congress to reverse Trump’s decision. Biden wrote, “I am withdrawing 73 proposed rescissions previously transmitted to the Congress.”
Unsurprisingly this was part of a larger effort to reverse much of what Trump accomplished during his term. Within hours of becoming president, Biden signed 17 executive orders to undo a large part of Trump’s legacy.
There seems a blatant disregard from the new administration to control the national debt which will surpass 30 trillion soon.
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