Parental rights, IVF, immigration: What to expect if Trump defeats Harris
Economy/Inflation
When addressing the topic of inflation in an “Agenda47” statement, Trump recalled, “For 200 years under our system of government, it was undisputed that the president had the constitutional power to stop unnecessary spending through what is known as impoundment.”
He explained how under impoundment, “If Congress provided more funding than was needed to run the government, the president could refuse to waste the extra funds, and instead return the money to the general treasury and maybe even lower your taxes.”
“I will use the president’s long-recognized Impoundment Power to squeeze the bloated federal bureaucracy for massive savings,” he announced. “This will be in the form of tax reductions for you. This will help quickly to stop inflation and slash the deficit.”
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He elaborated on how he would use Impoundment Power to “direct federal agencies to identify portions of their budgets where massive savings are possible.” He identified the Congressional Budget and Impoundment Control Act of 1974 as “the source of Congress’ usurpation of Executive Branch powers” when it comes to impoundment and expressed a desire to “work with Congress to overturn the limits of the CBA.”
In a separate “Agenda47” statement focused on energy and electricity costs, Trump vowed to “rescind every one of Joe Biden’s industry-killing, jobs-killing, pro-China and anti-American electricity regulations” as part of an effort to ensure the U.S. has “the lowest cost of energy and electricity worldwide.”
Additional campaign priorities on the issue of energy policy include the ending of “Biden’s delays in federal drilling permits that are needed to unleash American oil and natural gas production” as well as the freeing up of the “vast scores of liquid gold on America’s public land for energy development” and the removal of “all red tape that is leaving oil and natural gas projects stranded.”
Trump cited “speeding up approval of natural gas pipelines into the Marcellus Shale in Pennsylvania, West Virginia, and New York” as another part of his energy agenda.
Ryan Foley is a reporter for The Christian Post. He can be reached at: [email protected]
