• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

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

by July 17, 2025
written by July 17, 2025

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‘Look, $9 billion worth of crap that was in our federal funding is now being rescinded,’ Leavitt said.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
0 comment
0
FacebookTwitterPinterestEmail

previous post
Rubio bans overseas outposts commenting on foreign elections unless there’s ‘clear and compelling’ US interest
next post
Unearthed chat sheds light on cozy ties between judges, climate activists, raising ethical concerns

related articles

From Biden’s ‘war’ on gas prices to ‘small...

March 13, 2026

US diplomatic facility in Iraq struck by drone

March 13, 2026

171 million travelers face airport delays as Democrats’...

March 13, 2026

From Biden’s ‘war’ on gas prices to ‘small...

March 13, 2026

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

March 13, 2026

Cornyn reverses on filibuster stance to push Trump’s...

March 13, 2026

DAVID MARCUS: Sen Thune has no idea how...

March 13, 2026

Trump touts 5-0 sweep by endorsed candidates in...

March 13, 2026

US destroys 16 Iranian mine boats as Strait...

March 13, 2026

House GOP urges Trump to choke off Iran...

March 13, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • White House pressed on Biden refusing to speak publicly ahead of shutdown

    December 20, 2024
  • Analyst says SoundHound stock can double as CFO announces departure

    March 19, 2026
  • House Republicans push Johnson to go to war with Senate over SAVE Act

    March 2, 2026
  • White House says it didn’t create a banned word list, leaves language choices up to agencies

    March 18, 2025
  • Rashida Tlaib hit with House censure threat, accused of ‘celebrating terrorism’ in pro-Palestinian speech

    September 3, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025

Categories

  • Economy (829)
  • Editor's Pick (8,376)
  • Investing (1,315)
  • Stock (981)

Latest Posts

  • USDCAD and USDCNH: USDCAD is on a strong bullish run

    July 30, 2024
  • Top House Democrat leaves Schumer in the cold amid left’s disarray on shutdown drama

    March 14, 2025
  • Trump to sign order instructing DOGE to massively cut federal workforce

    February 12, 2025

Recent Posts

  • Trump picks Billy Long to head IRS, Kelly Loeffler to lead SBA and Frank Bisignano to lead SSA

    December 5, 2024
  • Jimmy Carter’s funeral brings all five living presidents together in Washington, DC

    January 9, 2025
  • Jim Jordan says FBI searched Barron Trump’s room during Mar-a-Lago raid at Jack Smith hearing

    January 22, 2026

Editor’s Pick

  • Trump tells Schumer to ‘GO TO HELL’ over Senate nominee deal funding demands after negotiations collapse

    August 3, 2025
  • Here’s what happened during Trump’s 14th week in office

    April 26, 2025
  • Nvidia plans open-source AI agent platform NemoClaw: report

    March 10, 2026
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock