President Donald Trump has signed an executive order to reclaim an estimated $160 billion in unspent federal funds, characterizing the move as a “refund” to the U.S. Treasury. The initiative targets unallocated money from various sources, including the Inflation Reduction Act and pandemic-era relief programs. This action is intended to reduce the national deficit and is a key component of the administration’s broader fiscal reform strategy. While the administration emphasizes government efficiency, the move is expected to face significant legal and legislative challenges regarding executive authority over congressional spending.
- The executive order seeks to recover approximately $160 billion in unspent money from previous federal budgets.
- Targeted funds include unallocated subsidies for green energy projects and remaining balances from COVID-19 relief packages.
- The administration intends to redirect these recovered funds to the Treasury to address the national debt and deficit.
- The initiative aligns with the goals of the Department of Government Efficiency (DOGE) to reduce federal overhead.
- Legal experts suggest the move may be challenged under the Impoundment Control Act, which regulates how a president can handle funds appropriated by Congress.
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It was all a grift
Trump called them reciprocal tariffs, but applied them to penguin inhabited islands and Australia that had a free trade agreement. I can see why his businesses failed.
What about consumers costs during that time? We paid more for everything during this time.😡
Of course these tariffs have largely been passed on to the end user. Will they ever see a refund?
What about the companies that were driven to bankrupcy because of these idiotic tariff? What compensation will they receive?
How do consumers get our refunds? And why havent prices gone down?
So much winning 🙄
What about tarrifs now ? Why are they still in place??
Many people are saying that these are big beautiful refunds.😂
The American people paid that money. They should be refunded and screw those companies and countries that are off base charging a excessive fees, crushing free trade.
with a slight of hand SSG has engineered another windfall to the very rich
Not true We're did you get your information from ?
Trump has no fuc**ing idea what he's doing. He's a legend in his own mind who oversees the most corrupt government that has ever existed in the U.S.
It's amazing how the American people just eat up the lies and rhetoric that spews from this administration in spite of the fact that their country and economy is being destroyed by their so called "Leaders". If the American people aren't prepared to take action to put an end to this stupidity, then they have no one to blame for their hardships except themselves. If you're not part of the solution, then you're part of the problem.
I've had to pay an additional $25 "tariff fee" each time I've ordered from a specific company. Will I get my money back? I won't hold my breath.
As i thought 900 billion was raised from tariffs .i thought trump could do the US a solid ,clear some money owed to china and reduce returns to the debit to china.
The general public in the usa didn’t understand that a 100% tariffs come directly out of there wallet did nobody tell them.. or did they know and cheer there own demise…
Trump is also telling companies that he's going to 'remember' those that do file to be reimbursed. Literally threatening them. Acting like it's his money.
penguins: we want our refunds too.
Inflation, the result of rising tarrifs, is the mother of all hidden taxes.
Ever been had ?
Because he didn’t bother to read the law he used to charge tariffs.
Yeah, right. 🙄😒As an American, I suspect 🐂💩 as usual.
I'LL BELIEVE IT WHEN I SEE IT!!!
Where's the money going to come from? It's going to come from where it ALWAYS comes from. We here in the United States are only today a week past "Tax Day" and the United States government is already out of money. Every dime that the United States government spends for the rest of the fiscal year, which ends on September 30, will be BORROWED money. This is going to be no different. They're just going to issue more government debt to cover it. Donald Trump currently has his Department of Justice trying to arrest and imprison the Chairman of the Federal Reserve because Chairman Powell won't slash interest rates. Chairman Powell CAN'T lower interest rates because the United States federal government is 38 trillion dollars in debt and thanks to Donald Trump's tariffs policies and everything else the holders of United States Treasury bonds are demanding something a bit more fungible (i think is the term for it) than just "the full faith and credit of the United States government."
Consumers were the ones who actually paid the tariffs, but they won't receive the refunds. Another way to funnel money to the rich.
Donnie told Americans that china and other countries are paying the tariffs. Why refunds are given back to American companies now and not china and others? Lol
Add to this that many countries have withdrawn their gold from the US treasury and have withdrawn their investments. The only reason for this is Trump's behaviour which does not encourage trust and respect. He is repellent to people who are intelligent, who understand economics, who equate bullying with kindergarten games, and the seeking of accolades as vulgar and immature. Oh and the lying -about numbers, progress and priorities, about his relationships with other corrupt and sick people etc. etc. etc. America is no longer considered secure and trustworthy. To recover from all of this will take years and years. This is deep systemic damage.
This is what you get by electing a spoiled child who surrounded himself of yes men: No legal advice on what he intended to do with trade, no military advice on what he intended to do with foreign affairs and, consequently, failure after failure.
And there is nothing our little Donnie is afraid more than being a loser. Because his father chose him to rule his companies instead of his first son because this one wasn't heartless enough.
Anybody have any information on Donald Trump’s $10 billion lawsuit against the BBC.😁
Trump's toast.🎉
Its our money to begin with. Not Fat Donnies.
Is it because he is a total moron?