Mart 2026için Americans for Prosperity Pazar Payı Analizi

As the House prepares to vote on President Trump’s rescissions request this week, you may be wondering: What is a rescission, and how does it work? We break down the most frequently asked questions about the process below.   Q: What is a rescission?   A: When you hear rescission, think “rescind.” Rescission means Congress cancels funding that had previously been approved and allocated by Congress, but that has not yet been legally committed (“obligated”) by a federal agency.   Let’s break that down. Under the Constitution, Congress holds the “power of the purse,” which includes the powers to tax and to spend. As such, it decides the federal government’s budget for each fiscal year and then, through the appropriations process, designates specific amounts of money for particular purposes. These designations are legally binding on the agencies receiving the funding. Federal agencies then spend these funds after making legally binding commitments – “obligations” — to spend a certain amount of money, such as contracts or grants.   Congress generally does not cancel funds that have already been obligated.  However, if some of the funds appropriated to certain agencies have not been used or obligated, and if the president does not deem them necessary, he […]