Musk Fired-Up About Paul's Rescission Idea For Slashing Spending Up To $500 Billion
by Tyler Durden
Thursday, Mar 06, 2025 - 09:20 PM
Seeking to codify spending cuts pursued by his Department of Government Efficiency, Elon Musk held a closed-door lunch with Republican senators on Wednesday. Musk was said to be "elated" with Sen. Rand Paul's recommendation to make the cuts stick with a relatively expeditious budget-slashing technique called "rescission." The approach could guide DOGE cuts around federal judges who consider executive-branch-initiated spending cuts as exceeding constitutional authority.
Rescission offers a means by which presidents can collaborate with Congress to cancel previously-appropriated spending. Enabled by Title X of the Congressional Budget and Impoundment Control Act of 1974, the rarely-used process starts with the president sending a special message to Congress, providing specific details about which budgetary authorities he wants to rescind.
Musk was said to raise his arms triumphantly when Paul explained how rescission can slash spending with just 51 Senate votes instead of 60
With Republicans holding a narrow 53-47 Senate majority, one of the most attractive aspects of rescission is that it doesn't require 60 votes -- a simple majority suffices to grant the president's wish. Missouri Sen. Josh Hawley told reporters that Musk was "elated" with Paul's proposal: "I think he didn't realize it could be done at 51." According to South Carolina Sen. Lindsay Graham, it was the first time Musk had heard of the rescission process. He said Musk reacted by triumphantly lifting his arms into the air.
The approach promises to immunize DOGE spending cuts from federal judges who are skeptical about the executive branch's power to cut spending that was duly authorized by Congress. This week has seen two major developments that demonstrate the strength of that judicial headwind:
https://www.zerohedge.com/political/musk-said-be-elated-over-pauls-rescission-idea-slashing-budget-500-billion
