President Donald Trump just gave Congress a huge surprise when he called on lawmakers to repeal some of the $1.3 trillion spending bill he signed into law last month.

“We are looking at an enhanced rescission package,” new White House economic adviser Larry Kudlow confirmed, according to the New York Post.

“I think the Republican Party on the Hill has finally figured out it’s really not a bad idea to trim some spending,” Kudlow continued. “Because after all, spending can lead to deficits and spending interferes with the economy. President Trump is a deregulator and a tax cutter. We want a much more modest government role,” he continued.

Trump had previously taken to Twitter to threaten to veto the spending bill but caved into signing the hard-fought bipartisan deal to avoid a government shutdown.

This comes after Paul Ryan announced his retirement on Twitter.

“Serving as speaker has been a great honor. Now, with all three of my kids in their teens, I am ready to set new priorities. I intend to serve my full term as I was elected to do. But I will be retiring in January, leaving this majority in good hands and with a bright future,” Ryan tweeted.

Ryan has endorsed House Majority Leader Kevin McCarthy to succeed him as House Speaker,  saying “we all think that Kevin is the right person.”

“I fully anticipate handing the gavel over to the next speaker of the House after this term and I think Kevin is the right guy to step up,” Ryan stated.

“One of the reasons why I was comfortable making this decision is because we have a very capable leadership team,” Ryan continued. “I think we’ll have a seamless transition.”

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