Major Spending Cuts Head to House Floor

The House Rules Committee just paved the way for a significant reduction in federal spending. On June 10th, a party-line vote (8-4) advanced a $9.4 billion rescissions package, sending it to the House floor for a final vote this week. This package, originally proposed by the White House on June 3rd, targets specific areas for substantial cuts.

The biggest hit? Foreign aid. Approximately $8.3 billion of the proposed cuts directly impact the U.S. Agency for International Development (USAID)’s budget. The administration claims these programs are either wasteful or don’t align with U.S. national interests, reflecting broader efforts to shrink the federal budget.

Beyond USAID, the rescissions also affect federally funded media outlets. The exact details of these cuts and their potential impact remain to be seen, as the legislation heads to a full House vote. This move is sure to spark debate and scrutiny as Congress weighs the implications of these significant reductions.