• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

Senate marches toward passing Trump’s $9B clawback bill after dramatic late-night votes

by July 17, 2025
by July 17, 2025

Late-night dramatics and surprise defections capped off the push to advance President Donald Trump’s multibillion-dollar clawback package through procedural hurdles, but now lawmakers are nearing the finish line.

Lawmakers cruised through hours of debate on Trump’s $9 billion rescissions package Wednesday morning and are now entering into another vote-a-rama, where both sides of the aisle can offer an unlimited number of amendments to the package. 

At stake are clawbacks that would yank back congressionally approved funding for foreign aid programs and public broadcasting, which Senate Democrats, and some Republicans, have admonished.

The president’s rescissions package proposed cutting just shy of $8 billion from the U.S. Agency for International Development (USAID), and over $1 billion from the Corporation for Public Broadcasting (CPB), the government-backed funding arm for NPR and PBS.

Republicans have broadly lauded the targets, arguing that they are scraping back funding for ‘woke’ programs that do little more than to gird the government’s spending addiction.

Like the preceding debate, Senate Democrats are expected to push numerous amendments intended to derail the legislation that are unlikely to succeed, but will drag out the process for several hours. 

Ahead of the vote-a-rama, Senate Minority Leader Chuck Schumer, D-N.Y., said Democrats would highlight several areas of the bill that cut funding through the amendment process, and accused Republicans of having ‘no idea how the [Office of Management and Budget] plans to apply the cuts.’ 

‘Senate Democrats, however, know that our job in this chamber is to govern, is to legislate, not simply eat dirt from the executive and ask for more, which is unfortunately what my colleagues on the other side of the aisle are doing,’ he said. 

Senate Majority Whip John Barrasso, R-Wyo., fired back that Senate Democrats were doing nothing more than defending their penchant for wasteful government spending. 

‘I’ve heard Democrats fearmonger about this bill. Let me set the record straight. Republicans are protecting emergency alert systems here at home,’ he said. ‘Democrats are protecting and promoting electric buses in Africa. In November, Americans rejected wasteful Washington spending. This week, Republicans are delivering on that mandate.’

Before the vote, Senate Republican leaders agreed to carve out $400 million in cuts in global HIV and AIDS prevention funding that leaders hoped would win over holdouts. But it didn’t work for all.

A trio of Senate Republicans defected – Sens. Lisa Murkowski, R-Alaska, Susan Collins, R-Maine, and Mitch McConnell, R-Ky. – forcing Vice President JD Vance to cast his sixth and seventh tie-breaking votes of the year to keep the package alive.

He will likely be needed again later Wednesday to pass the bill, once lawmakers complete another vote-a-rama, where both sides of the aisle can offer unlimited amendments to the bill. 

Murkowski argued on the Senate floor that the rescissions package was effectively usurping Congress’ duty to legislate.

‘We’re lawmakers, we should be legislating,’ she said. ‘What we’re getting now is a direction from the White House and being told, ‘This is the priority we want you to execute on it. We’ll be back with you with another round.’ I don’t accept that.’

Collins contended that lawmakers actually knew little about how or where the clawbacks would come from, and accused the Office of Management and Budget of not painting a clearer picture on the issue.

‘I recognize the need to reduce excessive spending and I have supported rescissions in our appropriations bills many times, including the 70 rescissions that were included in the year-long funding bill that we are currently operating under,’ she said in a statement. ‘But to carry out our constitutional responsibility, we should know exactly what programs are affected and the consequences of rescissions.’

McConnell similarly blamed the Office of Management and Budget, but noted that he might not be against the package when it came to a final vote. 

‘I’m not going to predict where I am at the end, but I want to make it clear, I don’t have any problem with reducing spending,’ he said. ‘We’re talking about not knowing that they would like a blank check, is what they would like. I don’t think that’s appropriate. I think they ought to make the case.’

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
House Republicans float grilling Joe, Jill Biden as former aides stonewall cover-up probe
next post
Former DC councilmember wins back seat months after being expelled over bribery charge

Related Posts

As world fixates on other wars, Sudan sees...

December 13, 2025

Omar accused by GOP opponent of opening up...

December 13, 2025

Senate mulls next steps after dueling Obamacare fixes...

December 13, 2025

White House slams House Dems releasing Epstein photos...

December 13, 2025

Bipartisan push grows in Senate to force release...

December 13, 2025

Waltz hails ‘night-and-day’ Middle East shift as Trump’s...

December 13, 2025

House GOP unveils healthcare plan ahead of vote...

December 13, 2025

Preservation group sues Trump administration over White House...

December 13, 2025

Cruz says Rep Ilhan Omar could face jail...

December 13, 2025

Republican House leader signals plan to begin contempt...

December 13, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • US stocks open mixed: Dow jumps higher, S&P 500, Nasdaq in the red

    December 13, 2025
  • Broadcom stock plunges nearly 9%: what AVGO’s sell-off signals for tech investors

    December 13, 2025
  • Nvidia stock: why has NVDA been trading in red for several sessions in a row?

    December 13, 2025
  • Fermi stock crashes 40% as $150M funding deal collapses

    December 13, 2025
  • SLV ETF stock analysis as silver prices momenttum gains steam

    December 13, 2025
  • Oracle stock tank after reported delays to OpenAI data-center expansion

    December 13, 2025

Editors’ Picks

  • 1

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 2

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 5

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 6

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 7

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025

Categories

  • Economy (3,496)
  • Editor's Pick (359)
  • Investing (245)
  • Stock (2,371)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Hawley pushes legal action against Meta after...

September 10, 2025

Why Justice Jackson is a fish out...

July 2, 2025

Biden aides considered ‘undemocratic’ actions to keep...

May 28, 2025