Background

The Impoundment Control Act of 1974 explicitly prohibits presidents from withholding congressionally appropriated funds for ideological reasons. This law was enacted in response to President Nixon's attempts to impound funds and has been consistently upheld by courts. In the landmark case Train v. City of New York (1975), the Supreme Court ruled against presidential impoundment powers, reinforcing Congress's constitutional "power of the purse."

Resolution Criteria

This market will resolve YES if:

• SCOTUS upholds Trump's authority to impound funds such that the Trump administration is legally able to withhold at least $1 billion of Congressionally-appropriated funds