President Targets $9.4B Cuts: Budget Axe Swings Wide
Published Date: 6/9/2025
Notice
Summary
The President sent Congress a plan to cut $9.4 billion from certain government programs, including the State Department, USAID, and public broadcasting. If approved, these cuts will reduce government spending and help lower the national budget deficit. This move aims to save money and reduce how much the government needs to borrow.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Proposed $9.4B Rescissions to Federal Programs
The President sent Congress rescission proposals on June 3, 2025, that would rescind $9.4 billion in budget authority. The proposals would affect programs of the Department of State, the Corporation for Public Broadcasting (CPB), the U.S. Agency for International Development (USAID), the U.S. Institute of Peace, and other International Assistance Programs.
Rescissions Would Lower Deficit and Borrowing
If enacted, the proposed rescissions of $9.4 billion would decrease Federal outlays in the affected accounts by the same amount and would reduce the Federal budget deficit and borrowing from the Treasury.
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Key Dates
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