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businessFeb 19, 202522:14pending

Can the president override Congress on spending?

Planet Money

About this episode

So the president can't spend more money than Congress has agreed and voted to spend. But can the president spend less money than Congress wants?

It all comes down to something called "impoundment" and the Impoundment Control Act of 1974, which controls when and how a president can take away money Congress has appropriated.

President Trump followed the Impoundment Control Act rules back in 2018. But now, in his second term, he's saying he thinks that law is unconstitutional.

On this episode: the history of impoundment, from Thomas Jefferson to Richard Nixon and Bill Clinton. And what constitutional scholars and judges are saying after Trump attempted to dismantle a federal agency and freeze trillions in federal funding that goes to states for everything from new school buses to public health research.

We've got more about impoundment in the latest Planet Money newsletter.

Check out The Indicator's episodes on
the gutting of USAID and how American farmers are affected in USAID cuts. And, our previous episode on the big government money pipe that's being closely watched right now.

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Can the president override Congress on spending?

Planet Money

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