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White House Releases “Rescission” Package

As expected, the White House Office of Management and Budget released its package of proposed rescissions earlier today.  The list of programs targeted for cuts is available  here.  The package includes 38 items, totaling approximately $15 billion in cuts.

The biggest portion of the package, roughly $7 billion, would come from the Children Health Insurance Program and more than $4 billion would come come from the Department of Energy Advanced Technology Vehicle Manufacturing program.