Truthful Investor - Investing and Stock News
  • Investing
  • Economy
  • Editor’s Pick
  • Latest News
  • Investing
  • Economy
  • Editor’s Pick
  • Latest News
No Result
View All Result
Truthful Investor - Investing and Stock News
No Result
View All Result
Home Latest News

White House move to cancel $4.9B foreign aid with ‘pocket rescission’ blasted as illegal

by
August 29, 2025
in Latest News
0
White House move to cancel $4.9B foreign aid with ‘pocket rescission’ blasted as illegal
0
SHARES
65
VIEWS
Share on FacebookShare on Twitter

Lawmakers on both sides of the aisle panned the White House’s move to cancel billions in foreign aid funding as illegal, and warned that it could have dire consequences on the fast-approaching deadline to fund the government.

The White House on Thursday notified Congress of the administration’s intent to cancel $4.9 billion in foreign aid funding through a ‘pocket rescission.’

‘Last night, President Trump CANCELED $4.9 billion in America Last foreign aid using a pocket rescission,’ the Office of Management and Budget (OMB) said on X. ‘[President Donald Trump] will always put AMERICA FIRST!’

The pocket rescissions package obtained by Fox News Digital includes cuts to a variety of foreign aid programs over several fiscal years that the administration argued did not comport with Trump’s agenda.  

Included are roughly $520 million in cuts to Contributions to International Organizations account, over $390 million in cuts to the Contributions for International Peacekeeping Activities account, $322 million from the Democracy Fund, $445 million from the Peacekeeping Operations account and over $3 billion from Development Assistance.

The rescissions process allows the president to make a request to Congress to cancel already approved funding within a 45-day period. Lawmakers successfully went through that exercise earlier this year when they approved $9 billion to be slashed from public broadcasting and foreign aid.

However, a pocket rescission is designed to skirt that 45-day window by coming so close to the end of a fiscal year that lawmakers wouldn’t have time to weigh in. And the White House’s maneuver is already giving Senate Republicans and Democrats heartburn.

Senate Appropriations Chair Susan Collins, R-Maine, said in a statement that the move was an ‘apparent attempt to rescind appropriated funds without congressional approval.’

She also argued that the Government Accountability Office found that under the Impoundment Control Act, the law that governs rescissions, this style of pocket rescission was illegal.

‘Any effort to rescind appropriated funds without congressional approval is a clear violation of the law,’ she said.

‘Instead of this attempt to undermine the law, the appropriate way is to identify ways to reduce excessive spending through the bipartisan, annual appropriations process,’ Collins continued. ‘Congress approves rescissions regularly as part of this process.’

Fox News Digital reached out to the OMB and the White House for comment but did not immediately hear back.

Lawmakers will also have to grapple with how the pocket rescissions will affect negotiations to keep the government open. Senate Minority Leader Chuck Schumer, D-N.Y., already warned that further attempts to claw back congressionally approved funding would be a bridge too far for Democrats.

Prior to the announcement, Schumer and House Minority Leader Hakeem Jeffries, D-N.Y., sent a letter to House Speaker Mike Johnson, R-La., and Senate Majority Leader John Thune, R-S.D., imploring both to meet with them to discuss the looming Sept. 30 deadline. 

In the letter, they specifically asked if more rescissions were coming.

Now, Schumer charged that the ‘unlawful ‘pocket rescission’ package is further proof President Trump and Congressional Republicans are hellbent on rejecting bipartisanship and ‘going it alone’ this fall.’

‘As the country stares down next month’s government funding deadline on September 30th, it is clear neither President Trump nor Congressional Republicans have any plan to avoid a painful and entirely unnecessary shutdown,’ Schumer said in a statement.

‘In fact, it seems Republicans are eager to inflict further pain on the American people, raising their health care costs, compromising essential services and further damaging our national security,’ he continued. 

This post appeared first on FOX NEWS
Previous Post

Abbott signs Texas redistricting map into law, securing major GOP victory ahead of 2026 midterms

Next Post

Senators demand oversight, reject vaccine guidance as illegitimate as CDC turmoil rages

Next Post
Senators demand oversight, reject vaccine guidance as illegitimate as CDC turmoil rages

Senators demand oversight, reject vaccine guidance as illegitimate as CDC turmoil rages

  • Trending
  • Comments
  • Latest
Bill Gates met with Trump to talk ‘importance of US global health programs and health research’: spox

Bill Gates met with Trump to talk ‘importance of US global health programs and health research’: spox

August 28, 2025
UK, France, Germany trigger UN sanctions on Iran over ‘significant’ nuclear program defiance

UK, France, Germany trigger UN sanctions on Iran over ‘significant’ nuclear program defiance

August 28, 2025
US agencies distance themselves from Chinese-founded PDF software

US agencies distance themselves from Chinese-founded PDF software

August 28, 2025
Google has eliminated 35% of managers overseeing small teams in past year, exec says

Google has eliminated 35% of managers overseeing small teams in past year, exec says

August 28, 2025
Trump’s political advisors huddle with House GOP over rebranding of the big beautiful bill

Trump’s political advisors huddle with House GOP over rebranding of the big beautiful bill

0
CDC Director Susan Monarez refuses to be fired as other officials call it quits

CDC Director Susan Monarez refuses to be fired as other officials call it quits

0
Google has eliminated 35% of managers overseeing small teams in past year, exec says

Google has eliminated 35% of managers overseeing small teams in past year, exec says

0
Is Trump considering bold Africa play to push back on China, Russia and Islamic terrorists?

Is Trump considering bold Africa play to push back on China, Russia and Islamic terrorists?

0
Trump’s political advisors huddle with House GOP over rebranding of the big beautiful bill

Trump’s political advisors huddle with House GOP over rebranding of the big beautiful bill

September 3, 2025
Crash victims’ families prepare to make what could be their final plea for Boeing’s prosecution

Crash victims’ families prepare to make what could be their final plea for Boeing’s prosecution

September 3, 2025
Trump’s political advisers huddle with House GOP over rebranding of the big beautiful bill

Trump’s political advisers huddle with House GOP over rebranding of the big beautiful bill

September 3, 2025
SCOOP: House GOP eyes more Medicaid reforms in second budget reconciliation bill

SCOOP: House GOP eyes more Medicaid reforms in second budget reconciliation bill

September 3, 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!

    Recent News

    Trump’s political advisors huddle with House GOP over rebranding of the big beautiful bill

    Trump’s political advisors huddle with House GOP over rebranding of the big beautiful bill

    September 3, 2025
    Crash victims’ families prepare to make what could be their final plea for Boeing’s prosecution

    Crash victims’ families prepare to make what could be their final plea for Boeing’s prosecution

    September 3, 2025
    Trump’s political advisers huddle with House GOP over rebranding of the big beautiful bill

    Trump’s political advisers huddle with House GOP over rebranding of the big beautiful bill

    September 3, 2025
    SCOOP: House GOP eyes more Medicaid reforms in second budget reconciliation bill

    SCOOP: House GOP eyes more Medicaid reforms in second budget reconciliation bill

    September 3, 2025
    • About us
    • Contact us
    • Terms & Conditions
    • Privacy Policy

    Copyright © 2024 Truthfulinvestor.com All Rights Reserved.

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

    Copyright © 2024 Truthfulinvestor.com All Rights Reserved.