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

SCOOP: Fiscal hawks fire warning shot at Senate GOP for pushing changes to Trump’s $9.4B spending cuts bill

by July 15, 2025
written by July 15, 2025

A group of House conservatives is warning the Senate to leave President Donald Trump’s rescissions package intact as the deadline to consider the spending cuts looms large.

Republicans have until the end of Friday to deal with the bill, the legislative version of the White House’s request to claw back roughly $9.4 billion in funds already allocated by Congress.

Senate Republicans have signaled the bill could change somewhat, however, after passing the House last month.

‘In order to facilitate President Trump’s voter mandate, the Senate must pass the entire $9.4 billion of spending cuts in the rescission bill. Weakening any of these provisions would undermine both his leadership and the discipline our budget urgently demands,’ the letter said.

‘This week, the Senate has a chance to prove its commitment to the voters by passing the long-overdue cuts targeting wasteful, ideologically driven spending programs that have no place in a responsible budget.’

The letter is being led by Rep. Andy Biggs, R-Ariz., a former chairman of the House Freedom Caucus, and signed by 14 other Republican lawmakers.

The bill that passed the House in mid-June would rescind $1 billion in funding from the Corporation for Public Broadcasting, which doles out federal funding to NPR and PBS. The remaining $8.4 billion targets the U.S. Agency for International Development (USAID).

The cuts are part of some $190 billion that the Department of Government Efficiency (DOGE), formerly led by Elon Musk, identified as part of its mission to slash government waste. 

Trump allies are viewing it as a test run of sorts for what kind of spending cuts Congress’ perilously slim GOP majorities can stomach.

It barely passed the House in a 214 to 212 vote, with four House Republicans voting against it over various concerns, including the impact to local public news stations and funding for HIV/AIDS research in Africa, known as PEPFAR.

Senate Appropriations Committee Chair Susan Collins, R-Maine, told reporters last week the bill ‘needs some significant changes.’

‘For example, I want to strike the rescission of funds for PEPFAR, which has an enormous record of success, having seen some 26 million lives over the course of the program,’ Collins said. ‘I can’t imagine why we would want to terminate that program or the maternal and child health program, which is aimed at providing malnourished pregnant women with important vitamins that they need to deliver healthy babies.’

Sen. Mike Rounds, R-S.D., meanwhile, said he was ‘looking at radio stations in some of the rural areas that do a lot of emergency services’ when discussing what changes he’d want in the bill.

Biggs’ letter warned, ‘This rescission package just scratches the surface. The Left will howl, but this package only trims around the edges of a bloated federal spending apparatus. If Congress can’t even support modest clawbacks, fiscal doom isn’t speculative, it’s inevitable.’

‘President Trump has made it clear: Wasteful, unnecessary, or ideologically driven programs and spending must go. The House acted on this mandate. Now, the Senate must do the same. The House—and more importantly, the American people—will be watching,’ the lawmakers wrote.

‘This is a defining moment. Will the Senate stand firm, reject pressure to preserve the status quo, and reaffirm its commitment to leadership and fiscal responsibility? The answer will shape both the future of President Trump’s presidency and the direction of our nation. Respect the President’s plan. Preserve the cuts passed by the House.’

The rescissions process allows the president to request Congress block some of the discretionary funds it appropriates every fiscal year.

A rescissions package must pass the House and Senate within 45 days of introduction to allow those funds to remain blocked, otherwise they must be released.

However, the process also gives the party in power a fast track by lowering the Senate’s threshold for passage from 60 votes to 51.

House and Senate Republicans are both still dealing with razor-thin majorities of three votes each with full attendance, however, meaning any such vote is almost guaranteed to be close.

When reached for a response, Senate Majority Leader John Thune’s office pointed Fox News Digital to comments the South Dakota Republican made to reporters on Monday.

‘We’re hearing people out, and we are obviously weighing what an amendment process on the floor might look like – what, if any, changes could be made in advance of the floor, but we’re hoping to have a vote to proceed to it tomorrow, and the motion to discharge vote tomorrow, so we’ll have to finalize some of the conversations we’re having with our colleagues about an amendment process prior to that,’ Thune said.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Jerome Powell asks inspector general to review Fed’s $2.5B renovation project
next post
Hegseth abruptly pulls Pentagon officials from ‘globalist’ Aspen conference

related articles

Trump signs order renaming Pentagon back to ‘Department...

September 5, 2025

Loyal Ex-Biden aide says fateful debate against Trump...

September 5, 2025

EXCLUSIVE: Franklin Graham praises VP Vance’s stand, critiques...

September 5, 2025

Justice Barrett opens up about ‘awkward’ start on...

September 5, 2025

DAVID MARCUS: RFK Jr is right, nobody knows...

September 5, 2025

Trump trashes Nadler on heels of Dem’s House...

September 5, 2025

DOJ task force finds ‘numerous instances’ of anti-Christian...

September 5, 2025

House Republicans split with Trump team over ‘very...

September 5, 2025

‘Delusional’: Oversight Republicans slam ex-Biden aide for lashing...

September 5, 2025

Venezuelan military jets buzz US Navy ship in...

September 5, 2025
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

  • TSLA Stock Prediction: Major Rally and Future Projections

    August 29, 2024
  • Amazon lays off over 100 employees in Wondery unit as part of audio business restructuring

    August 5, 2025
  • At least 26 American hostages released since Trump took office

    April 12, 2025
  • Trump taps Texan Brooke Rollins as agriculture secretary

    November 24, 2024
  • Biden leans on foreign policy to justify remaining Democrat nominee: Here’s what he’s done

    July 14, 2024

Popular Posts

  • 1

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

    July 21, 2024
  • 2

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

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,928)
  • Investing (634)
  • Stock (922)

Latest Posts

  • House Dems urge GOP to condemn DHS for handcuffing Rep Nadler staffer, order Noem to testify

    June 3, 2025
  • Bad start this week for Bitcoin, forming a new low

    August 5, 2024
  • Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

    September 30, 2024

Recent Posts

  • Investors pitch new international basketball league that would offer players equity

    January 17, 2025
  • Trump admin lays out who exactly was cut at HHS in face of ‘Democrat hysteria’

    February 19, 2025
  • Third top Pentagon aide Collin Carroll on administrative leave over leaks probe

    April 16, 2025

Editor’s Pick

  • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

    June 26, 2025
  • GameStop, MicroStrategy shares rise after Ryan Cohen posts photo with Michael Saylor

    February 11, 2025
  • Trump names Herschel Walker, Nicole McGraw to ambassador positions before issuing warning to GOP senators

    December 18, 2024
  • 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