Big Take Trump Is Trying to Take Control of Spending From Congress. Will It Work?
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Feb 4, 2025 
Gregory Korte, a Bloomberg politics reporter, dives into Donald Trump's controversial plan to claim greater control over federal spending. The discussion revolves around impoundment, a tactic that could give the president authority over trillions in taxpayer dollars. Korte explains the challenges Trump faces, including potential legal battles stemming from the Impoundment Control Act of 1974. The conversation also touches on historical precedents and the broader implications for presidential power and the separation of powers.
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Jefferson's Impoundment
- Thomas Jefferson used impoundment after the Louisiana Purchase.
- He deemed gunships unnecessary after the purchase and returned the funds to the Treasury.
Nixon and Impoundment Control Act
- Richard Nixon used impoundment to halt Great Society programs.
- This led Congress to pass the Impoundment Control Act of 1974 to regain budget control.
Trump's First Impeachment
- Trump's first impeachment involved withholding aid to Ukraine.
- He pressured Ukraine to investigate Hunter Biden's business dealings.