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Mike Lee

12/16/2024 | Press release | Distributed by Public on 12/17/2024 09:24

Lee Introduces Bill to Repeal the Impoundment Control Act

Lee Introduces Bill to Repeal the Impoundment Control Act

December 16, 2024

Supports President Trump's Efforts to Tackle Excessive and Wasteful Spending

WASHINGTON - Senator Mike Lee (R-UT) introduced legislation to repeal the Impoundment Control Act (ICA) of 1974, a law that undermines the constitutional authority of the President to exercise fiscal restraint by declining to spend appropriated funds. Congressman Andrew Clyde (GA-09) has introduced a companion bill in the House.

"The Impoundment Control Act is a Watergate-era relic of misguided overreach," said Senator Lee. "For nearly two centuries, presidents exercised the authority to impound funds as a critical check on runaway spending. The ICA's unconstitutional limitations on this power have contributed to a fiscal crisis. Repealing this law will restore the balance of power envisioned by our Constitution and empower the President to reject wasteful, unnecessary spending by administrations that voters resoundingly rejected."

"Rolling back the unconstitutional Impoundment Control Act is one of the most effective ways Congress can help President Trump in the fight to deliver the spending cuts and government efficiency that the American people overwhelmingly voted for," said Representative Clyde. "The Impoundment Control Act of 1974 has unjustly complicated the President's constitutional impoundment authority for far too long. Every President from George Washington to Richard Nixon possessed this tool to cut wasteful spending until the ICA purported to divest the President of this critical power. In the fifty years since, America's national debt and Washington's spending habits have soared out of control. We must defend the presidential power of impoundment to get America's fiscal house back in order."

Background

  • Impoundment is the President's constitutional authority under Article II of the Constitution to refuse to spend funds appropriated by Congress. This power was used by presidents from George Washington to Richard Nixon to cut wasteful spending, address emergencies, and protect taxpayer dollars.
  • The Impoundment Control Act of 1974 was passed in the aftermath of the Watergate scandal and significantly constrained the President's ability to impound funds, marking a fundamental shift in the separation of powers.
  • Over the past five decades, federal spending has skyrocketed, contributing to a $36 trillion national debt, soaring interest payments, and persistently high inflation.


For bill text, click HERE

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