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What will be the stance of major political parties on the repeal of the Impoundment Control Act by the end of 2025?
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Resolution / Starting Odds
Both parties support repeal • 25%
Republicans support, Democrats oppose • 25%
Democrats support, Republicans oppose • 25%
Both parties oppose repeal • 25%
Official statements from party leaders or platforms
Story
Clyde and Lee Introduce Bill to Repeal 1974 Impoundment Control Act on December 16, 2024, Enhancing Trump's Spending Authority
Dec 16, 2024, 04:23 PM
Representative Andrew Clyde and Senator Mike Lee have introduced legislation aimed at repealing the Impoundment Control Act of 1974. This act currently restricts the President's ability to alter spending decisions made by Congress. Clyde emphasized that the act has complicated the President's constitutional authority regarding impoundment, stating, 'The Impoundment Control Act has unjustly complicated the President’s constitutional impoundment authority for far too long.' Lee supported this initiative, arguing that it is unreasonable to prevent the President from managing taxpayer funds effectively, asserting, 'It’s absurd to forbid the President, America’s Chief Executive, from saving taxpayer dollars and eliminating wasteful spending.' The proposed repeal is seen as a move to enhance executive control over federal spending, potentially benefiting President Trump.
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Similar markets
Republicans support, Democrats oppose • 25%
Both oppose abolition • 25%
Both support abolition • 25%
Democrats support, Republicans oppose • 25%
Opposed • 25%
No significant comment • 25%
Supportive • 25%
Mixed reactions • 25%
Oppose Johnson's bill • 25%
Propose alternative bill • 25%
Remain neutral • 25%
Support Johnson's bill • 25%
Both parties oppose • 25%
Democrats support, Republicans oppose • 25%
Democrats oppose, Republicans support • 25%
Both parties support • 25%
No official stance • 25%
Supportive • 25%
Neutral • 25%
Opposed • 25%
Republicans • 25%
Both Equally • 25%
Neither • 25%
Democrats • 25%
Democratic Party • 33%
Neither • 34%
Republican Party • 33%
Other • 25%
Neutral stance • 25%
Use as leverage • 25%
Avoidance of shutdowns • 25%
Both parties equally • 25%
Democratic Party • 25%
Republican Party • 25%
Neither party • 25%
Democratic Party • 25%
Republican Party • 25%
Other • 25%
Bipartisan Effort • 25%
Fails • 25%
Passes with pay raise • 25%
Passes without pay raise • 25%
Other amendments • 25%
Republicans support abolition • 25%
Democrats support abolition • 25%
Both support abolition • 25%
Neither support abolition • 25%