Trump Considering Rescission of Funds from 2018 Fiscal Year

President Trump is expected to announce in the coming days new plans to withhold spending for fiscal year 2018 programs under its authorities to conduct rescissions to federal spending. The White House has not specified a particular list of items they plan to cut, but most anticipate the suggestions will involve cuts to foreign aid and nondiscretionary domestic programs targeted in the president’s recent budget. Both could carry significant impacts on agricultural spending if it becomes a target of the administration.

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