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August 30, 2025

Pocket Rescissions, Impoundment Control Act Of 1974, Trump Accounts, Economic Indicators, Patriot James Smith, And More

By S.E. Gunn, PhDAll News Pipeline

On August 29, 2025, the White House published the statement Historic Pocket Rescission Package Eliminates Woke, Weaponized, and Wasteful Spending in which they state President Trump is using his authority under the Impoundment Control Act to rescind $5,000,000,000 in foreign aid and international organization funding because the funds will be used to undermine America First and his Administration's policies. The statement gives examples of what is being rescinded:

USAID - Development Assistance $3,200,000,000 which funds the climate hoax, DEI, LGBTQ activities and projects like "baking and beauty therapy in Zimbabwe" being called "civic engagement:

USAID - Democracy Fund $322,000,000 for "gender responsive government" as well as other DEI & LGBTQ priorities.

State - Contribution to International Organizations $521,000,000 for WHO; UNESCO for divisive social and cultural causes; WTO which aids & abets global trade cheating by the CCP; International Labor Organization to unionize foreign workers; and desert locust risk reduction in the Central Region & Horn of Africa focusing on "gender equality," "interculturality" and supporting "indigenous peoples" (I didn't know locusts needed gender equality and interculturality).

State - Contributions for UN's International Peacekeeping Activities $393,000,000 that does not have specific, measurable, and time-bound goals noting President Trump has ended more wars in 8 months than the UN has in 80 years. In addition, these "organizations" are rife with people participating in the sexual exploitation and abuse of the Central African Republic people.

IAP - Peacekeeping Operations (Slush Fund) $445,000,000 for "Global Peace Operations Initiatives" in countries like Niger, Nepal, South Sudan, Uruguay, Zambia, Kazakhstan, Ghana, and Somalia which have not shown any positive effects to provide lasting peace and security in any of these regions. 

Public Law 93-344 July 12, 1974 [88 Stat] provides the President the opportunity to request rescissions or deferrals of Congress' allocated funds as follows:

Section 1011 (3) gives the President the right to transmit a special message which rescinds, in whole or part, budget authority items and Congress has 45 calendar days of continuous session to act on the message. 

Section 1012 states that all or part of any budget authority will not be required to carry out the full objective or scope of programs for which it is provided will be recognized for only 1 fiscal year. The President shall include in his special message: 1) amount to be rescinded; 2) account, department, or establishment involved; 3) reason why budgetary authority should be rescinded; 4) the estimated effect of the proposed rescission; and 5) all facts, circumstances, and considerations relating to or bearing upon the proposed rescissions. Funds will be made available after the 45 day period, but before the end of the fiscal year, if Congress has not acted to rescind them.

Section 1013 states that a special message shall include in his special message: 1) amount of budget authority proposed to be deferred; 2) account, department or establishment involved; 3) time period for which the deferral is requested; 4) reasons for deferral including legal authority invoked; 5) estimated fiscal, economic, and budgetary effect of proposed deferral; and 6) all facts, circumstances, and considerations relating to or bearing upon the proposed deferral. Deferral requests cannot extend beyond the end of the Fiscal Year (in this case September 30, 2025).

Of course, the loony left is crying 'foul' because President Trump has invoked the Impoundment Control Act. But, as you can see above, the Act does allow for the President to request rescissions or deferrals.


On August 29, 2025, the White House published the article Trump Accounts Give the Next Generation a Jump Start on Saving (Trump Accounts are discussed in my July 16, 2025 ANP Article covering Title VII, Section 70204, Trump Accounts). The article provides a link to the pdf Trump Accounts Give the Next Generation a Jump Start on Saving explaining how parents and employers can contribute to the initial government-provided $1,000 and estimates the value of the Trump Account when the child turns 18 as well as if the child waits until 28 to claim the funds. When the child turns 18, the account converts to a traditional IRA.


On August 29, 2025, the White House also published the article This Week in the Trump Economy: Lower Prices, Higher Growth, Record Markets touting lowest labor day gas prices in 5 years, travel costs are declining, mortgage rates hit 10-month low, DOW, S&P 500 have record highs, and GDP shatters expectations at 3.3% for the 2nd quarter.



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President Trump's Presidential Actions published in the Federal Register to date:

  • 196 Executive Orders
  • 81 Proclamations
  • 66 Presidential Orders, Memoranda, Determinations, Permits, and Notices

Proclamation 10966 Honoring the Victims of the Tragedy in Minneapolis, Minnesota which was signed August 27, 2025 and discussed in my August 28, 2025 ANP Article was published in the Federal Register effective September 2, 2025.

LAWFARE lawsuit tracker to date:

  • 337 active cases
  • 12 suits filed by the Trump Administration
  • 52 dismissed suits or appeals
  • 14 SCOTUS stays or motions to vacate of lower court orders
  • 1 SCOTUS affirmation of lower court order
  • 8 suits where judges ruled for the federal government
  • 25 suits where judges ruled against the federal government

There have been no updates to the LAWFARE Tracker since August 28, 2025.



I stood firmly for liberty
and played my part in forging a new nation.

Today's Patriot is James Smith who was born September 17, 1719 in Antrim, County Antrim, Northern Ireland. He was fourth of 20 children of whom 16 survived to adulthood. His family immigrated to Chester County, Pennsylvania in 1729.

James was tutored by local Clergy as a child. He attended the Philadelphia academy. He studied law at his brother's law office. While he studied law, James also worked as a surveyor in Cumberland County, Pennsylvania. He was admitted to the bar in 1745 opening a practice first in Shippensburg then later York, Pennsylvania.

James married Eleanor Armor (10 years his junior) in 1760 in Pennsylvania. They had at least 5 children, 4 of whom survived to adulthood, although only 1 of his daughters had progeny.

James wrote Essay on the Constitutional Power of Great Britain over the Colonies in America where he recommended the colonies boycott all British goods. He offered this essay to the Provincial assembly in 1774. He also organized a York volunteer militia and was elected Captain by the men in the militia.

James was appointed to the Provincial Convention in 1775 then to the Pennsylvania State Constitutional Convention in 1776. He was elected to the Continental Congress in 1776 and signed the Declaration of Independence. Although James was reelected to Congress in 1785, he declined due to his advancing age.

James died, most likely from natural causes/old age, on July 11, 1806 at age 87 in York, Pennsylvania. He is interred in the First Presbyterian Churchyard, in York, Pennsylvania.



For more articles by this author, click here.

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