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Trump Wants to Take Back from Spending Bill

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Mike Allen: “President Trump may try to hit ‘undo’ on a slice of the $1.3 trillion spending bill that he signed last month after threatening a veto, and now regrets.”

“Republican aides in the House and Senate tell me they’re working with the White House on a possible plan to rescind billions of dollars — and perhaps tens of billions.”

“The proposal may not be ready for a couple of weeks… Conversations have included a target up to $60 billion, but Republicans on the Hill say it would need to be less than that.”

Stan Collender: “The new U.S. normal of $1 trillion or more annual federal budget deficits will officially begin this week when the Congressional Budget Office releases its economic and budget outlook report showing that the deficit will be at least that high every year Donald Trump is president.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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