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Just dropped · Trial Balloon · Ep. 195

Shake Up

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Trial Balloon · Ep. 195: Shake Up

Trump Cuts $3 Billion from Congressional Deal He Hated

March 24, 2025 · 5:26 pm ET · Leave a Comment

“President Donald Trump is cutting nearly $3 billion in spending, much of it reserved for foreign aid, by unwinding part of a 2023 fiscal deal loathed by conservatives,” Semafor reports.

“Trump is slashing from a pot of money deemed emergency spending by the 2023 Fiscal Responsibility Act, which capped federal spending but also included a side deal criticized by Trump and his allies. One element of the 2023 law’s side deal allowed for more than $12 billion in emergency spending for this year, but Trump is effectively deeming about a quarter of that as outside the scope of any emergency.”

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Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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