In a new insight, Director of Fiscal Policy Jordan Haring provides an overview of President Trump’s congressionally approved rescissions request.

Key points:

• The package includes 21 proposed budget authority cuts, totaling $9 billion; it will now head to the president’s desk for his signature.
• The package will rescind funds from the Corporation for Public Broadcasting, the Department of State, the U.S. Agency for International Development, the U.S. Institute of Peace, and other international assistance programs.
• The package is the first effort by the Trump Administration that will codify the spending cuts identified by the Department of Government Efficiency into law.

Read the analysis.