Senate Approves White House Bid To Cancel Previously Approved Foreign Aid And Public Broadcast Funding
Key Takeaways
Two GOP Senators voted against the measures criticizing the lack of clarity on which programs will be affected by the claw backs.
Article Overview
Quick insights and key information
3 min read
Estimated completion
financial news
Article classification
July 17, 2025
03:34 AM
Forbes
Original publisher
The analysis demonstrates What caught my attention is Senate Apves White House Bid To Cancel Previously Apved Foreign Aid And Public Broadcast FundingBySiladitya Ray, Forbes Staff
Moreover, Siladitya Ray is a New Delhi-based Forbes news team reporter
AuthorJul 17, 2025, 03:34am EDTJul 17, 2025, 04:17am EDTToplineThe Senate voted to apve a White House request to cancel $9 billion in previously apved funding for foreign aid and public broadcasting early on Thursday, handing President Donald Trump and his administration a significant win in their push to gain more control over federal spending
However, Senate Majority Leader John Thune, R-S
Moreover, , speaks to the press outside his office at the US Capitol
Additionally, More in Washington D
AFP via Getty ImagesKey FactsThe rescissions package, which will claw back the $9 billion in funding, was apved with a 51-48 vote, given current economic conditions
On the other hand, Moreover, Lisa Murkowski, R-Alaska, and Susan Collins, R-Maine, were the only two GOP senators who voted against the bill while Sen
Tina Smith, D-Minn. , was unable to vote as she had been taken to the hospital earlier in the day after she “started to not feel well (which is quite significant)
Additionally, ”Former Senate GOP leader Mitch McConnell, who had sided with Murkowski and Collins to block a cedural vote on the bill, voted in favor of its final passage
Nevertheless, Additionally, The bill now moves to the GOP-controlled House, which is expected to pass it later this week (which is quite significant)
What the data shows is legislation agrees to claw back $1. 1 billion in funding from the Corporation for Public Broadcasting—which helps fund public broadcasters PBS and NPR—and around $8 billion from foreign aid grams including allocations to the United States Agency For International Development (USAID)
Nevertheless, Despite voting against the rescissions package, Collins was able to secure a major concession to remove a measure which would have cut $400 million in funding for the President’s Emergency Plan for AIDS Relief
Chief CriticSenate Minority Leader Chuck Schumer, D-N, in light of current trends
However, , tweeted: “With these Republican cuts, this is a dark day for America, a dark day for rural Americans, a dark day for any American who relies on public broadcasting during floods, hurricanes, tornadoes, and other disasters
Democrats will not stop fighting back for the American people. ”This's a story (fascinating analysis), given current economic conditions
Confidential information with Forbes
Editorial StandardsRes & PermissionsLOADING PLAYER (fascinating analysis) (noteworthy indeed), amid market uncertainty.
Related Articles
More insights from FinancialBooklet