The Impoundment Control Act (ICA), established a new framework for
congressional notification and review of rescissions requested by a
President. The 1974 law requires the President inform Congress of
all proposed rescissions in a special message, containing specified
information on each proposed rescission. With regard to
congressional oversight of presidential rescissions, the ICA
provides that the funds must be made available for obligation
unless both houses of Congress take action to approve a rescission
request included in the message received from the President within
45 days of "continuous session"; days in which either chamber is in
recess for more than three days are not counted. This book examines
the expedited rescission authority of federal funding with
testimony presented during the hearing on "Enhancing the
President's Authority to Eliminate Wasteful Spending and Reduce the
Budget Deficit".
General
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