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Truth Details

Using Impoundment to Slash Waste, Stop Inflation, and Crush the Deep State! #AGENDA47

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Original Post Date
Capture Date
TRUTH Social status ID 110577421087111710
Original URL https://truthsocial.com/@realDonaldTrump/110577421087111710

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Video Transcript:
Crooked Joe Biden, our disgraced
president,
has wasted trillions of taxpayer dollars in less than 3 years, causing
uncontrolled
inflation that is crushing working families.
Reigning in Biden's wasteful and unnecessary
spending is vital to stopping inflation and rescuing
our economy from ruin.
But the pain of the spending cuts must be borne by the special interests in Washington bureaucrats,
not by American families and American seniors in particular.
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.
Very simply, this meant that 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, although we did give you the biggest tax reduction in history
and the biggest regulation
reduction in history. 2 things I'm very proud of
and they still are there, although
they're disappearing rapidly under Biden.
Thomas Jefferson famously used this power, as did many other presidents, until it was wrongfully curtailed by the Impoundment Control Act
of
1974.
Not a very good act.
This disaster of a law is clearly unconstitutional,
a blatant violation of the separation of powers.
When I return to the White House, I will do everything I can to challenge the Empoundment Control Act in court, and if necessary, get Congress to overturn it. We will overturn it. I will then use the President's long-recognized
impoundment power to squeeze the bloated federal bureaucracy for massive savings.
This will be in the form of tax reductions for you. This will help quickly to stop inflation
and slash the deficit.
To prepare for this eventuality,
on day 1, I will order every federal agency to begin identifying
large chunks of their budgets
that can be saved through efficiencies
and waste reduction
using impoundment.
Of course, this will not include national defense. And unlike Ron DeSantis,
who doesn't really know what's happening,
I will not lay a finger on Medicare or Social Security.
He wants to destroy Social Security
and basically obliterate
Medicare.
These are benefits for our seniors. We are not going to touch it. There are many other things we can do. We're not going to let Ron DeSantis
do anything to hurt
Medicare or Social Security.
On the contrary, some of the funds we save through impoundment from other parts of the government can be used to strengthen Medicare and Social Security
for years to come.
Reasserting the President's historic impoundment
authority will also restore critical negotiating leverage with Congress to keep spending under control. Very simple. We're going to keep spending under control.
We had it done, and then COVID came in, and we had to do some things to help save our country. We did a great job, but we were starting to make lots of money. We were energy independent. We were going to be energy dominant. We were going to be taking in massive amounts of money from the liquid gold that we have under our feet more than any other nation.
And we were going to reduce taxes and pay off debt.
This is the only way we will ever return
a balanced budget impoundment.
Just as importantly, bringing back impoundment will give us a crucial tool with which to obliterate the deep state, drain the swamp,
and starve the warmongers, these people that want wars all over the place. Killing, killing, killing.
They love killing.
And the globalists out of our government, we're going to get the warmongers
and the globalists out of our government.
With impoundment, we can simply choke off the money.
This policy is anti-inflation,
anti-swamp,
anti-globalists,
and it's pro-growth,
pro-taxpayer,
pro-American,
and pro-freedom.
I alone can get that done. I'll get it done, and I'll make America great again. Thank you very much.