Sec. 1012. (a) Transmittal of Special Message.—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to carry out the full objectives or scope of programs for which it is provided or that such budget authority should be rescinded for fiscal policy or other reasons (including the termination of authorized projects or activities for which budget authority has been provided), or whenever all or part of budget authority provided for only one fiscal year is to be reserved from obligation for such fiscal year, the President shall transmit to both Houses of Congress a special message specifying—
(1) the amount of budget authority which he proposes to be rescinded or which is to be so reserved;
(2) any account, department, or establishment of the Government to which such budget authority is available for obligation, and the specific project or governmental functions involved;
(3) the reasons why the budget authority should be rescinded or is to be so reserved;
(4) to the maximum extent practicable, the estimated fiscal, economic, and budgetary effect of the proposed rescission or of the reservation; and
(5) all facts, circumstances, and considerations relating to or bearing upon the proposed rescission or the reservation and the decision to effect the proposed rescission or the reservation, and to the maximum extent practicable, the estimated effect of the proposed rescission or the reservation upon the objects, purposes, and programs for which the budget authority is provided.
The way I read this is all the candy that you've been given away to the Communist party stops
This is genuinely important. Very interesting.
This is what I could find:
So presidents have had this authority since the 70s and barely used it?
Yes. I wonder how much of this money had made it into their pockets before Trump?
This is a big deal right?
Show her who's the f-king boss...
Oh, Nancy!! I bet that felt real good. Small nail... Big hammer... Nancy holding the nail... BOOM... Eight fingers left... (sing, song)
I could be wrong, anons, but I think it goes back to the GAO and then they have to ask Congress again for permission to spend it elsewhere.