Trump plans to claim sweeping powers to cancel federal spending
wapo.st
The former president has laid the groundwork to massively expand executive authority over the $6 trillion federal budget.

Classically, Congress held the power of the purse, able to both bar and require spending. This imposed a significant limit on Presidential power. With a bought court supporting him, Trump would have significant ability to essentially chart power as a king.

  • jballs@sh.itjust.worksEnglish
    5·
    6 months ago

    S&P downgraded its credit rating first from AA+ to AA in August 2014, due to a budget that analysts described as structurally unbalanced,[52] and again in February 2017 from AA to AA−.[53]

    It bugs me that credit ratings follow the eBay review policy of “AAAAA+++++ excellent service!!!”