The Trump administration drops its attempt to move forward with a plan to cut $4 billion in foreign aid
A source familiar told CNN that it was President Donald Trump's decision not to move forward with the plan.The decision to drop the planned rescission package comes following opposition from bipartisan lawmakers and foreign policy advocates to the move that could have cut up to $4 billion in funding to the State Department and the US Agency for International Development.
Politico was the first to report that the rescission package would not move forward. Read MoreBehind the scenes, congressional appropriators from both parties and State Department officials had lobbied the White House to back off the planned cuts. The Trump administration has sought to decrease what it believes is wasteful spending and make foreign aid more conditional on support for US policies.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Queen of Hearts,’ ‘White, White Day” Among Nordic Council Film Prize ContendersHAUGESUND, Norway — Iceland’s “A White, White Day,” Denmark’s “Queen of Hearts” and Norway’s “Blind Spot” are among the five films that will compete for this year’sNordic Council Film Prize…
Read more »
White House weighing more tax cuts as Trump rejects recession fears'We're always looking at the capital gains tax, payroll tax,' Pres. Trump says, as his administration pushes back against fears of a potential recession.
Read more »
Trump says White House looking at payroll tax cut, urges Fed rate cutPresident Donald Trump said Tuesday his administration is looking at tax cuts, including cutting payroll taxes. Trump's comment follows a late-Monday...
Read more »
Amid Warning Signs, White House Officials Work to Bolster EconomyThe White House is examining proposals to bolster the economy amid warning signs of a slowdown, even as President Trump and top officials project confidence that a recession isn’t on the horizon.
Read more »
White House makes contingency plan for recession, including possible payroll tax cutAs President Donald Trump insists the economy remains strong, White House officials reportedly have begun looking for ways to prevent a recession, including pushing for a temporary payroll tax cut
Read more »
Trump says U.S. 'far from a recession' as White House economic anxiety mounts'We’re very far from a recession,' President Trump declares Tuesday, amid warnings from economists that a recession may be on the horizon.
Read more »