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Budget Cuts

All articles tagged with #budget cuts

FHFA Director Pulte Slashes Inspector General Budget by 60% Amid Ongoing Probes
politics8 days ago

FHFA Director Pulte Slashes Inspector General Budget by 60% Amid Ongoing Probes

Federal Housing Finance Agency Director Bill Pulte has moved to cut the budget of the agency’s Office of Inspector General by 61.3% for fiscal 2027, a move that would force the office to reduce staff by 70-80% and halt nearly all criminal investigations. The cuts follow an internal probe into Pulte’s alleged misuse of authority to access mortgage records of political opponents. While Pulte argues the office is an 'extraordinary budgetary outlier,' Democrats and oversight experts condemn the move as retaliation that undermines fraud enforcement across the $7.8 trillion housing market.

via Talking Points Memo|
#bill-pulte#budget-cuts#fhfa
French High School Protests Turn Violent as 440 Detained Amid Budget Strikes
politics10 days ago

French High School Protests Turn Violent as 440 Detained Amid Budget Strikes

More than 440 people, mostly minors, were detained on Tuesday as student protests in France escalated into violent clashes across 400 schools. The unrest, sparked by overcrowded classes and teacher shortages, coincided with nationwide union strikes against the government’s budget. While the interior minister defended police tactics as proportionate, student unions and left-wing politicians condemned the response as excessive repression.

via BBC|
#budget-cuts#education#france
Kennedy Backs Iran Sanctions, Warns Against Troop Deployment Amid Midterm Concerns
politics13 days ago

Kennedy Backs Iran Sanctions, Warns Against Troop Deployment Amid Midterm Concerns

Sen. John Kennedy (R-LA) defended the current U.S. strategy of sanctions and blockade against Iran on 'Face the Nation,' rejecting a potential troop deployment despite the partial closure of the Strait of Hormuz. He urged President Trump to address the nation on the conflict's progress and cost-of-living impacts, while supporting the White House's unilateral cancellation of nearly $1 billion in congressional funds, which he labeled wasteful 'spending porn.'

via CBS News|
#budget-cuts#face-the-nation#iran-war
Bipartisan outcry erupts over Trump's $810M 'pocket rescission' of refugee and education funds
politics14 days ago

Bipartisan outcry erupts over Trump's $810M 'pocket rescission' of refugee and education funds

President Trump has utilized a 'pocket rescission' to cancel $810 million in congressionally approved funding, targeting refugee services, education, and minority business programs. Lawmakers from both parties condemn the move as an illegal violation of the separation of powers, while the White House defends it under the Impoundment Control Act.

via The Washington Post|
#budget-cuts#congressional-authority#executive-action
Trump cancels $810M in federal spending via pocket rescission
politics14 days ago

Trump cancels $810M in federal spending via pocket rescission

President Trump has canceled $810 million in congressionally approved federal spending using a 'pocket rescission,' a rare budget maneuver. The cuts, announced on September 26, target programs for noncitizens, diversity initiatives, and other efforts the administration deems harmful or wasteful. The move bypasses the standard 45-day congressional review period by timing the cancellation near the end of the fiscal year, sparking bipartisan condemnation and legal disputes over executive authority.

via Fox News|
#budget-cuts#congress#immigration
White House Uses 'Pocket Rescission' to Cancel $810M in Domestic Spending
politics14 days ago

White House Uses 'Pocket Rescission' to Cancel $810M in Domestic Spending

The White House announced a 'pocket rescission' to cancel approximately $810 million to $1 billion in congressionally approved domestic spending, targeting refugee services, minority business initiatives, and education programs. The move, announced five days before the fiscal year ended, leaves Congress with insufficient time to review the cuts, sparking bipartisan condemnation over the erosion of legislative power.

via Los Angeles Times|
#budget-cuts#congress#immigration
Oval Office clash sparks push for NIH grant audit
politics21 days ago

Oval Office clash sparks push for NIH grant audit

In a Friday Oval Office meeting, White House budget director Russell Vought pressed to scrutinize NIH grants, accusing the agency of funding priorities that clash with the president’s agenda and floated creating a commission to review NIH spending, signaling potential shifts in federal research funding and drawing reactions from GOP lawmakers and NIH officials.

via The Washington Post|
#budget-cuts#government-spending#national-institutes-of-health
Budget Cuts Push Late-Night TV Toward an Online Future
entertainment23 days ago

Budget Cuts Push Late-Night TV Toward an Online Future

The Hollywood Reporter notes industry-wide budget cuts are reshaping late-night TV: ABC and Jimmy Kimmel are negotiating another season with significant cost reductions (roughly 20%), while NBC has already trimmed production and staff. With ad revenue plunging and digital platforms failing to fully compensate, the traditional broadcast late-night model is under pressure, pushing the format toward online venues like YouTube and prompting new generation hosts to emerge online even as some anchors—Kimmel, Colbert, and SNL’s legacy—consider continued, but leaner, presence. The trend suggests late-night as a broadcast staple may decline in traditional form, but it won’t vanish, instead migrating to digital-first formats on the horizon.

via The Hollywood Reporter|
#abc#budget-cuts#entertainment
Trump Breaks NASA Briefing to Credit Space Telescope He Tried to Cancel
space-and-spaceflight1 month ago

Trump Breaks NASA Briefing to Credit Space Telescope He Tried to Cancel

President Trump interrupted NASA’s post-launch briefing for the Nancy Grace Roman Space Telescope to congratulate the agency and claim funding, a moment that echoes his earlier attempts to cancel or slash funding for NASA’s science missions; Congress shielded Roman from cuts, and Trump later signed an order establishing a U.S. Space Academy.

via Gizmodo|
#budget-cuts#donald-trump#nancy-roman-space-telescope
NASA's Roman Space Telescope Ready to Launch After Budget Drama
space1 month ago

NASA's Roman Space Telescope Ready to Launch After Budget Drama

NASA's Nancy Grace Roman Space Telescope, after a scare of cancellation amid FY2026 budget cuts, has cleared political hurdles, was completed ahead of schedule and under budget, and is set for Aug. 30 liftoff on a SpaceX Falcon Heavy from Kennedy Space Center. It will head to the sun–Earth L2 point to probe dark matter and dark energy, discover exoplanets, and capture infrared images 50 times wider than JWST, marking a major milestone after nearly two decades and about $4 billion in development.

via Space|
#budget-cuts#lagrange-point-l2#nasa
Merz leads a bloc pressing deep EU budget cuts as Costa seeks a deal
europe1 month ago

Merz leads a bloc pressing deep EU budget cuts as Costa seeks a deal

German Chancellor Friedrich Merz gathers leaders from the Netherlands, Finland, Austria, Denmark and Sweden to push for hundreds of billions in cuts to the next seven-year EU budget, while António Costa tours the bloc courting compromises; the debate centers on shrinking the budget, reorienting spending from agriculture toward defense and security, and possibly funding reforms through new EU taxes or “own resources.” With no precise numbers yet, unanimity is required for any deal, and upcoming elections in Saxony-Anhalt and Sweden could influence leverage, as October compromise figures loom ahead of a year-end agreement.

via politico.eu|
#budget-cuts#costa#eu-budget