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House Approves $9 Billion Claw Back Of Public Broadcasting And Foreign Aid Funds After Drama Over Epstein

July 18, 2025
03:02 AM
4 min read
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The rescission package was passed by the House mostly along party lines after a delay caused by a clash over the release of the so-called Epstein Files

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4 min read

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investment

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July 18, 2025

03:02 AM

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Forbes

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financialtechnologyhealthcaremarket cyclesseasonal analysispolicy

What's particularly noteworthy is What caught my attention is House Apves $9 Billion Claw Back Of Public Broadcasting And Foreign Aid Funds After Drama Over EpsteinBySiladitya Ray, Forbes Staff

Siladitya Ray is a New Delhi-based Forbes news team reporter

AuthorJul 18, 2025, 03:02am EDTJul 18, 2025, 03:03am EDTToplineThe House voted to apve the White House’s request to scrap $9 billion in previously apved funding for foreign aid and public broadcasting early on Friday, sending the matter to President Donald Trump’s desk, after a delay caused by a clash in the narrowly divided chamber over the Epstein files issue

Additionally, Speaker of the House Mike Johnson, R-La

Furthermore, , hailed the package's passage as a win for "fiscal (noteworthy indeed)

Moreover, More responsibility and government efficiency, given current economic conditions. "The Associated Press, in today's market environment

Key FactsThe rescissions package, which will claw back the already-apved funding, was passed mostly along party lines with a 216-213 vote, a day after the Senate ed it

However, two GOP members, Reps, in today's market environment

Brian Fitzpatrick, R-Pa

However, , and Mike Turner, R-Ohio, voted against the measure along with all Democrats

The legislation will now be sent to Trump’s desk, who hailed its passage on Truth Social, saying: “REPUBLICANS HAVE TRIED DOING THIS FOR 40 YEARS, AND FAILED…

Furthermore, BUT NO MORE

Nevertheless, ”The president’s post attacked public broadcast funding, saying the $9 billion cuts include “ATROCIOUS NPR AND PUBLIC BROADCASTING, WHERE BILLIONS OF DOLLARS A YEAR WERE WASTED. ”The rescissions package will allow the Trump administration to claw back $1, considering recent developments. 1 billion in funding from the Corporation for Public Broadcasting, which helps fund public broadcasters PBS and NPR, and apximately $8 billion from foreign aid grams, including allocations to USAID, in this volatile climate

On the other hand, The Senate had passed the package early on Thursday in a 51-48 vote, with two Republican Sens

Lisa Murkowski of Alaska and Susan Collins of Maine, voting against it, in this volatile climate

In contrast, Crucial QuoteAfter the bill’s passage, Mike Johnson tweeted: “President Trump and House Republicans mised fiscal responsibility and government efficiency

Today, we’re once again dering on that mise…The American people will no longer be forced to fund politically biased media and more than $8 billion in outrageous expenses overseas, given current economic conditions. ”How Did The Epstein Files Controversy Impact The Legislation’s Passage

CNN reported that the late-night vote on the rescissions package was undertaken after the GOP House leadership held talks with holdouts who were “demanding a vote on a Jeffrey Epstein-related measure

However, ” The legislation was then held up by a debate on the floor that focused more on the Trump administration’s handling of the Epstein case rather than the clawbacks, in this volatile climate

In a bid to address the controversy and defuse tension on the matter, the Republican members on the Rules Committee adopted a nonbinding resolution calling for the “public release of certain documents, records, and communications related to the investigation of Jeffrey Epstein, in today's financial world. ” The measure calls on the DOJ to vide “documents, records and communications” surrounding the investigation into Epstein and his death within 30 days with limited redactions (an important development)

It's un, however, if the House GOP leadership will be able to muster the necessary votes to pass the resolution

In contrast, How Have Lawmakers Reacted To The Non Binding Resolution

Nevertheless, “A non-binding resolution—or any action that doesn't require the release of the Epstein files—is nothing more than a political smokescreen designed to shield Republicans who refuse to demand full transparency and accountability from the Trump Administration on Epstein,” Rep (noteworthy indeed)

Additionally, , wrote on X

Thomas Massie of Kentucky, who has been leading a bipartisan legislative push to release details the Epstein case, also criticized the resolution, tweeting: “Congress thinks you’re stupid

Nevertheless, Nevertheless, The rules committee passed a NON-BINDING Epstein resolution, hoping folks will accept it as real, amid market uncertainty

It forces the release of NOTHING (quite telling)

However, ”Further ReadingTrump Directs Bondi To Release Some Epstein Case Documents As He Threatens To Sue WSJ And Murdoch (Forbes)Got a tip

Confidential information with Forbes (something worth watching)

Additionally, Editorial StandardsRes & PermissionsLOADING PLAYER, considering recent developments.