Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Politics

Not ‘honest’ news organizations: White House defends yanking $9B ‘worth of crap’ in rescissions package

by admin July 18, 2025
July 18, 2025
Not ‘honest’ news organizations: White House defends yanking $9B ‘worth of crap’ in rescissions package

The White House dismissed comments that the Trump administration’s efforts to yank already approved federal funds for foreign aid and public broadcasting pose a public safety threat. 

The rescissions package the Senate approved early Thursday pulls more than $1 billion from the Corporation for Public Broadcasting (CPB) that provides federal funding for NPR and PBS.

‘These are not honest news organizations,’ Leavitt told reporters Thursday. ‘These are partisan, left-wing outlets that are funded by the taxpayers. And this administration does not believe it’s a good use of the taxpayers’ time and money.’

PBS and NPR could not be immediately reached for comment by Fox News Digital. 

Additionally, the rescissions package revokes nearly $8 billion in already approved funding for the U.S. Agency for International Development (USAID), which the Trump administration dismantled amid concerns the formerly independent organization did not advance U.S. interests. The organization is not part of the State Department. 

The Senate narrowly approved the rescission measure, 51-48, which would revoke funding the Congress previously approved. Republican Sens. Susan Collins of Maine and Lisa Murkowski of Alaska voted alongside Democrats to oppose the package. 

‘Look, $9 billion worth of crap that was in our federal funding is now being rescinded,’ Leavitt said. ‘This is a good thing for the American people and the American taxpayer.’ 

Republican lawmakers like Senate Majority Leader John Thune, R-S.D., have touted the measure as a step toward ‘fiscal sanity’ as the Trump administration seeks to weed out waste, fraud and abuse. 

‘I appreciate all the work the administration has done in identifying wasteful spending,’ Thune said in a speech ahead of the vote. ‘And now it’s time for the Senate to do its part to cut some of that waste out of the budget. It’s a small but important step toward fiscal sanity that we all should be able to agree is long overdue.’

But Democrats claim that the cuts to foreign aid benefit Russia and China, and that the rescission package jeopardizes national security. Likewise, Democrats are concerned that further rescissions could spread to areas beyond foreign aid and public broadcasting. 

‘If Republicans slash more American aid, it will create a dangerous vacuum that the Chinese Communist Party will continue to eagerly fill,’ Senate Minority Leader Chuck Schumer, D-N.Y., said Tuesday on the Senate floor.

‘They’re letting Donald Trump decide for himself which programs to defund, and that puts everything at risk – healthcare, education, food assistance, public health,’ Schumer said. ‘Everything – everything – becomes at risk. That is what happens if a package like this is allowed to become law.’ 

Fox News’ Alex Miller contributed to this report. 

This post appeared first on FOX NEWS

previous post
PETA applauds GOP lawmakers’ demand to halt NIH funding for ‘cruel’ overseas animal testing
next post
Unearthed chat sheds light on cozy ties between judges, climate activists, raising ethical concerns

Related Posts

Musk feud presents ‘unprecedented’ dynamic compared to past...

June 7, 2025

Tulsi Gabbard gives exclusive glimpse of Trump’s first...

February 27, 2025

Trump’s nominee to lead US Office of Special...

July 11, 2025

Former Clinton aide Huma Abedin, Alex Soros marry...

June 16, 2025

In Iran’s ‘forever war’ against the US, regime...

June 19, 2025

Father of Hamas’ youngest hostages is released —...

February 2, 2025

Vance says Russia’s demands are too high, but...

May 8, 2025

Cease-fire between Israel and Hamas getting closer amid...

January 14, 2025

Trump touts massive fundraising haul since winning 2024...

August 27, 2025

The president who couldn’t quit: Jimmy Carter’s foreign...

January 8, 2025

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio
  • Bernie Sanders calls for RFK Jr. to resign as HHS secretary over vaccine policies: ‘Rally the American people’
  • Altech Batteries LtdCERENERGY Battery 46.7M Euro German Grant Approval
  • Altech – CERENERGY Battery 46.7M Euro German Grant Approval

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics

    September 2, 2025
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    September 2, 2025
  • Bernie Sanders calls for RFK Jr. to resign as HHS secretary over vaccine policies: ‘Rally the American people’

    September 2, 2025
  • Altech Batteries LtdCERENERGY Battery 46.7M Euro German Grant Approval

    September 2, 2025
  • Altech – CERENERGY Battery 46.7M Euro German Grant Approval

    September 2, 2025
  • Locksley Resources LimitedStrengthens Leadership to Accelerate Growth Strategy

    September 2, 2025

Editors’ Picks

  • 1

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 2

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 3

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 4

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 5

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
  • 6

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 7

    Trudeau declares himself ‘proud feminist’ after lamenting Harris loss to Trump as setback for women

    December 13, 2024
Promotion Image

banner

Categories

  • Business (529)
  • Investing (1,892)
  • Politics (2,303)
  • Stocks (756)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: bullhedging.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2025 bullhedging.com | All Rights Reserved