https://www.taxtmi.com/news?id=45036 Elon Musk left his temporary post as a Special Government Employee leading the Department of Government Efficiency after pursuing large federal spending reductions and encountering resistance. The administration plans to use the rescission mechanism to cancel selected previously authorised appropriations as part of DOGE's recommendations, but those rescissions and other proposed cuts will require congressional action amid a narrowly divided legislature and ongoing negotiations over a larger fiscal bill. en-us Thu, 29 May 2025 07:01:03 +0530 Thu, 29 May 2025 07:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45036 Elon Musk left his temporary post as a Special Government Employee leading the Department of Government Efficiency after pursuing large federal spending reductions and encountering resistance. The administration plans to use the rescission mechanism to cancel selected previously authorised appropriations as part of DOGE's recommendations, but those rescissions and other proposed cuts will require congressional action amid a narrowly divided legislature and ongoing negotiations over a larger fiscal bill. News - Thu, 29 May 2025 07:01:03 +0530 https://www.taxtmi.com/news?id=45036