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

Bull Hedging

Politics

Trump’s $9 billion clawback passes first Senate test, while more hurdles await

by admin July 16, 2025
July 16, 2025
Trump’s $9 billion clawback passes first Senate test, while more hurdles await

President Donald Trump’s clawback of billions in funding for foreign aid and public broadcasting narrowly passed through its first hurdle in the Senate, but it still faces a rocky road ahead with dissent among the Senate GOP ranks.

Senate GOP leaders hoped that an agreement to carve out $400 million in global HIV and AIDS prevention funding will get some of the holdouts on board. However, doing so shrank the expected cuts from $9.4 billion to $9 billion.

But a trio of Senate Republicans joined with all Senate Democrats to vote against advancing the bill from the Senate Appropriations Committee, which required Vice President JD Vance to cast the deciding vote. 

Trump’s rescissions package would yank bank congressionally approved funding for foreign aid programs and public broadcasting. But some Senate Republicans have sounded the alarm and want changes made to the bill before it reaches the finish line.

The bill that advanced out of committee Tuesday includes just shy of $8 billion in cuts from the U.S. Agency for International Development (USAID), and over $1 billion from the Corporation for Public Broadcasting (CPB), the government-backed funding arm for NPR and PBS.

Republicans’ successful test vote comes after huddling with Office of Management and Budget Director Russ Vought, who worked to shore up support and apply pressure from the White House to get the ball rolling on the bill.

‘We’re fine with adjustments,’ Vought said. ‘This is still a great package, $9 billion, [it’s] substantially the same package, and the Senate has to work its will.’

While concerns were still raised about other aspects of the spending cuts package during the closed-door meeting, Senate Majority Leader John Thune, R-S.D., believed that carving out the cuts to Bush-era President’s Emergency Plan for AIDS Relief (PEPFAR) helped ease concerns among lawmakers.

But the changes didn’t sway all Senate Republicans. Sen. Lisa Murkowski, R-Alaska, bluntly said ‘no’ when asked if the PEPFAR carveout helped gain her support and argued, ‘I’d like to do some legislating.’ 

‘What a crazy thing, what a crazy thing,’ she said. ‘What have we been doing around here? We did a reconciliation bill. We’re doing a rescissions bill. We’re doing nominations. Nominations are important, but let’s, like, legislate.’

And Sen. Susan Collins, R-Maine, said she liked the changes but ultimately decided to vote against advancing the bill through its first hurdle.

Sen. Mitch McConnell, R-Ky., also joined in to vote against the bill. Fox News Digital reached out to his office for a statement on his decision to vote against the package. 

It now moves to yet another procedural vote, which, if successful, will open up 10 hours of total debate time on the bill and eventually set the stage for a vote-a-rama, where lawmakers on either side of the aisle can offer an unlimited number of amendments to the package.

But, House Speaker Mike Johnson, R-La., made clear that he would prefer the Senate not make any changes to the bill.

However, that request already fell on deaf ears — as it did during the budget reconciliation process that unfolded in the upper chamber last month.

Those demands already have fiscal hawks in the House grumbling, but like the budget reconciliation process before it, an amended rescissions package will likely glide through the House GOP and onto Trump’s desk. 

This post appeared first on FOX NEWS

previous post
‘It’s sort of scary’: Officials flag surprising revelations from deep State Department cuts
next post
Huckabee demands Israel ‘aggressively investigate’ murder of Palestinian-American killed in ‘terrorist act’

Related Posts

FLASHBACK: James Comey urged officials to always prosecute...

October 3, 2025

Reagan would tell Americans to watch this Netflix...

February 3, 2026

Jeanine Pirro sworn in as interim US attorney,...

May 29, 2025

Karoline Leavitt says Jean-Pierre had ‘hard time’ as...

April 4, 2026

Sparks expected to fly at Kash Patel’s Senate...

January 30, 2025

FDA launches new AI-powered system to track drug...

March 12, 2026

Schumer claims Trump admin withholding Epstein files, threatens...

August 16, 2025

One Republican senator voted against confirming Trump nominee...

April 4, 2025

Trump to sign order instructing DOGE to massively...

February 12, 2025

Trump once stopped Erdogan attacks on US-backed Kurds...

December 16, 2024

Recent Posts

  • Paramount accuses Netflix of ‘scorched-earth’ campaign against Warner Bros. deal
  • Team USA’s loudest supporters say FIFA pushed them to upper deck for World Cup
  • Jozy Altidore, now a broadcaster, is bullish on the U.S. making a deep World Cup run
  • Trump administration cites forced labor concerns as grounds for new tariffs
  • Congress invites NFL Commissioner Roger Goodell to testify about league’s use of streaming services

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

  • Paramount accuses Netflix of ‘scorched-earth’ campaign against Warner Bros. deal

    June 10, 2026
  • Team USA’s loudest supporters say FIFA pushed them to upper deck for World Cup

    June 5, 2026
  • Jozy Altidore, now a broadcaster, is bullish on the U.S. making a deep World Cup run

    June 4, 2026
  • Trump administration cites forced labor concerns as grounds for new tariffs

    June 4, 2026
  • Congress invites NFL Commissioner Roger Goodell to testify about league’s use of streaming services

    June 3, 2026
  • Jerome Powell warns politicizing the Federal Reserve would cost public trust

    June 2, 2026

Editors’ Picks

  • 1

    Environmental Approval for Boland Infield Studies & Update on Scaled Column ISR Test

    September 19, 2025
  • 2

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

    December 12, 2024
  • 3

    Challenger Gold Doubles Ecuador Resource to 9.1¹ Million Ounces Gold Equivalent²

    April 9, 2025
  • 4

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

    December 15, 2024
  • 5

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

    December 31, 2024
  • 6

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 7

    Zelenskyy thanks NATO, European leaders for backing his push to join Trump‑Putin summit

    August 11, 2025
Promotion Image

banner

Categories

  • Business (688)
  • Investing (3,251)
  • Politics (4,077)
  • Stocks (1,072)
  • Terms and Conditions
  • Privacy Policy

Copyright © 2026 bullhedging.com | All Rights Reserved