Trading Trends Tale
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Trading Trends Tale
No Result
View All Result
Home Latest News

‘Bait and switch’: Schumer warns of bitter funding fight over GOP cuts plan

by
July 8, 2025
in Latest News
0
‘Bait and switch’: Schumer warns of bitter funding fight over GOP cuts plan
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Senate Republicans are set to consider a multibillion-dollar package of cuts from the White House, but the top Senate Democrat warned that doing so could have consequences for a later government funding showdown.

Senate Minority Leader Chuck Schumer, D-N.Y., warned on Tuesday that the Senate GOP’s plan to move forward with a $9.4 billion rescissions package would have ‘grave implications’ on Congress, particularly the forthcoming government funding fight in September.

‘Republicans’ passage of this purely partisan proposal would be an affront to the bipartisan appropriations process,’ Schumer wrote in a letter to fellow Senate Democrats.

‘That’s why a number of Senate Republicans know it is absurd for them to expect Democrats to act as business as usual and engage in a bipartisan appropriations process to fund the government, while they concurrently plot to pass a purely partisan rescissions bill to defund those same programs negotiated on a bipartisan basis behind the scenes,’ he continued.

The rescissions package, proposed by the Impoundment Control Act, allows the White House to request that Congress roll back congressionally appropriated funding. Such proposed cuts must be approved by both chambers within 45 days.

This package in particular, which narrowly squeaked through the House by a two-vote margin last month, would claw back $8.3 billion in funding for the U.S. Agency for International Development (USAID), and over $1 billion in cuts to the Corporation for Public Broadcasting (CPB), the government-backed funding arm for NPR and PBS.

The package, informed heavily by the cuts proposed by President Donald Trump’s Department of Government Efficiency, formerly helmed by tech billionaire Elon Musk, would only need to pass a simple majority in the upper chamber to pass.

Musk and DOGE made USAID a primary target of their hunt for waste, fraud and abuse within the federal government, dismantling much of the long-standing organization ahead of the rescission request. 

The impending deadline to fund the government in September will either require the passage of a dozen appropriations bills – something Congress has not done in years – or the need to work with Democrats to crest the 60-vote threshold in the Senate.

And the rescissions package is not wildly popular among Republicans.

Senate Appropriations Chair Susan Collins, R-Maine, said during a hearing on the package late last month that she was concerned about proposed cuts to the President’s Emergency Plan for AIDS Relief (PEPFAR) and the CPB, and warned that cuts to the AIDS and HIV prevention program would be ‘extraordinarily ill-advised and shortsighted.’

Schumer is no stranger to trying to leverage government funding fights to his advantage. Earlier this year, he withheld support for the House GOP-authored government funding extension before ultimately agreeing to the deal.

That same scenario could play out once more come September.

‘This is beyond a bait-and-switch – it is a bait-and-poison-to-kill,’ Schumer said. ‘Senate Republicans must reject this partisan path and instead work with Democrats on a bipartisan appropriations process.’

This post appeared first on FOX NEWS
Previous Post

New book exposes Jill Biden’s power grab amid husband’s political demise

Next Post

Trump dishes on Milley clash over leaving military equipment in Afghanistan: ‘I knew he was an idiot’

Next Post
Trump dishes on Milley clash over leaving military equipment in Afghanistan: ‘I knew he was an idiot’

Trump dishes on Milley clash over leaving military equipment in Afghanistan: ‘I knew he was an idiot’

  • Trending
  • Comments
  • Latest
Bush teams up with notorious Trump foes to trash ‘colossal mistake’ shuttering USAID

Bush teams up with notorious Trump foes to trash ‘colossal mistake’ shuttering USAID

July 2, 2025
Home Depot is buying GMS for about $4.3 billion as it chases more home pros

Home Depot is buying GMS for about $4.3 billion as it chases more home pros

July 1, 2025
Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

June 30, 2025
Uncertainty about young voters stems from the age group’s complexity

Uncertainty about young voters stems from the age group’s complexity

May 29, 2024
Waymo offers teen accounts for driverless rides

Waymo offers teen accounts for driverless rides

0
If convicted in his hush money trial, here’s what Trump could face next

If convicted in his hush money trial, here’s what Trump could face next

0
Nikki Haley criticized for writing ‘Finish Them!’ on artillery shell in Israel

Nikki Haley criticized for writing ‘Finish Them!’ on artillery shell in Israel

0
Samuel Alito has decided that Samuel Alito is sufficiently impartial

Samuel Alito has decided that Samuel Alito is sufficiently impartial

0
Waymo offers teen accounts for driverless rides

Waymo offers teen accounts for driverless rides

July 8, 2025
Supreme Court lets Trump’s ‘wrecking ball’ federal job cuts proceed while legal fight continues

Supreme Court lets Trump’s ‘wrecking ball’ federal job cuts proceed while legal fight continues

July 8, 2025
TikToker knocks Harris’ ‘weird’ take on never released interview: ‘Not good’

TikToker knocks Harris’ ‘weird’ take on never released interview: ‘Not good’

July 8, 2025
‘Who wouldn’t want it?’: Netanyahu open to receiving stealth bombers, bunker-busters from US

‘Who wouldn’t want it?’: Netanyahu open to receiving stealth bombers, bunker-busters from US

July 8, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    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!

    Top News

    Waymo offers teen accounts for driverless rides

    Waymo offers teen accounts for driverless rides

    July 8, 2025
    Supreme Court lets Trump’s ‘wrecking ball’ federal job cuts proceed while legal fight continues

    Supreme Court lets Trump’s ‘wrecking ball’ federal job cuts proceed while legal fight continues

    July 8, 2025

    Latest News

    • Waymo offers teen accounts for driverless rides
    • Supreme Court lets Trump’s ‘wrecking ball’ federal job cuts proceed while legal fight continues
    • TikToker knocks Harris’ ‘weird’ take on never released interview: ‘Not good’

    About Trading Trend Stale

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 Tradingtrendstale.com

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 Tradingtrendstale.com