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Sunday, June 22, 2025
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  1. You are here:  
  2. Politics

Rescissions explained: How Trump and Congress aim to claw back billions in spending

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04 June 2025
Politics
  • Previous Article Elon Musk warns excessive spending will push U.S. 'into debt slavery'
  • Next Article Trump defends 'Big, Beautiful Bill' as lawmakers worry about $5 trillion debt ceiling
Trump requests to codify DOGE cuts as Elon Musk dishes criticism of 'big, beautiful bill'
NEWYou can now listen to Fox News articles!

And you thought you had just figured out what "reconciliation" means in Congressional[1] budget terms.

Here’s a new vocabulary term: rescissions.

You might not be able to spell it. But I can tell you what it does.

A

...

Read more https://www.foxnews.com/politics/house-republicans-push-spending-cancellations-elon-musk-conservatives-demand-deeper-budget-cuts

  • Previous Article Elon Musk warns excessive spending will push U.S. 'into debt slavery'
  • Next Article Trump defends 'Big, Beautiful Bill' as lawmakers worry about $5 trillion debt ceiling

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