Financial Trade Freedom - Investing and Stock News
  • Investing
  • News
  • Editor’s Pick
  • Economy
  • Stock
  • Investing
  • News
  • Editor’s Pick
  • Economy
  • Stock
No Result
View All Result
Financial Trade Freedom - Investing and Stock News
No Result
View All Result
Home News

GOP unveils new weapon to help slash billions in government waste as Republicans rally behind Trump’s plan

admin by admin
June 10, 2025
in News
0
GOP unveils new weapon to help slash billions in government waste as Republicans rally behind Trump’s plan
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Congressional Republicans are racing to harness the momentum left behind by Elon Musk’s Department of Government Efficiency (DOGE), and the leaders of a new House GOP initiative are hoping they have the solution.

‘You tell people the word ‘rescission,’ in my district, I’m sure that polls pretty low, but they know waste, they know fraud, and they know abuse,’ Rep. Riley Moore, R-W.Va., told Fox News Digital. 

‘This is why this process needs to be not only explained to our own members, but also to the population out here that might not know what the heck a rescission is, but know that they want the wasteful spending to end.’

Moore is leading the Republican Study Committee’s (RSC) new task force, aimed at getting both fellow House Republicans and the American public on board with the GOP on a mechanism for spending cuts known as rescissions.

Rescissions proposals are requests from the White House for cuts to funding already approved by Congress in the current fiscal year. 

Once submitted to Capitol Hill, lawmakers have 45 days to pass the proposal, or it is considered rejected. 

The House is voting on the first of what Republican leaders hope are several such proposals this week – President Donald Trump sent Congress a request to cut $9.4 billion in funding to PBS, NPR and the U.S. Agency for International Development (USAID).

The $9.4 billion figure is part of a larger $180 billion sum of waste that Musk said his DOGE efforts had uncovered.

RSC Chair August Pfluger, R-Texas, said Moore ‘is able to educate our members, work with the White House, liaise directly with [the Office of Management and Budget], talk to leadership, voice the conservative concerns… and to dispel myth and speak truth.’

Pfluger’s 189-member RSC serves as a de facto conservative think tank of sorts for the House GOP.

It’s a natural extension of the group’s work to focus on how to message government spending cuts, particularly while Democrats are accusing the GOP of trying to rip away critical programs.

Pfluger and Moore signaled the task force’s most immediate goal will be easing concerns of moderate Republicans who may be wary of the $9.4 billion spending cut plan.

With just a razor-thin majority, House GOP leaders can afford no more than three defections to pass legislation along party lines.

‘If members do have problems, the conservative conscience of our conference, RSC, can help them understand why it’s important to vote on it. And that’s what Riley is going to do,’ Pfluger said.

Both suggested they would like to see future rescissions packages, but would not go into detail about what could be cut.

Moore noted he was on the Appropriations Committee, the keepers of the House’s purse strings, and that there were ongoing conversations between members of that panel and the White House about identifying future rollbacks.

And both Pfluger and Moore said they were undaunted by Musk’s somewhat dramatic departure from the federal government – insisting the public was still behind the idea of DOGE, even without the Tesla billionaire at the forefront.

‘I don’t think the mainstream media is covering that aspect of it, because they want to talk about this breakup between the president and Elon Musk, but the president said as recently as today that he still believes in what he did,’ Pfluger said.

Moore added, ‘Media cycles moved extraordinarily fast. I think obviously there was a lot of excitement when it was first announced. But I can tell you when I’m doing Lincoln Day dinners and going around the counties in West Virginia, they’re still acutely focused on this. I hear from folks all the time… it is very much the average American still wants to see this happen.’

‘I think they’re, you know, they’re just waiting for us to do the right thing,’ Moore said.

This post appeared first on FOX NEWS

Previous Post

Iran becoming ‘much more aggressive’ in nuclear talks, Trump tells Fox News

Next Post

Judge restricts DOGE access to federal databases, finding ‘breach of law and trust’

Next Post
Judge restricts DOGE access to federal databases, finding ‘breach of law and trust’

Judge restricts DOGE access to federal databases, finding ‘breach of law and trust’

  • Trending
  • Comments
  • Latest
U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

February 19, 2025
Denny’s set to close dozens more locations this year, though some openings planned too

Denny’s set to close dozens more locations this year, though some openings planned too

February 16, 2025
KFC moves U.S. headquarters from Kentucky to Texas

KFC moves U.S. headquarters from Kentucky to Texas

February 19, 2025
How Companies Use Derivatives To Hedge Risk

How Companies Use Derivatives To Hedge Risk

February 19, 2025
US stocks at open: S&P 500, Nasdaq, and Nvidia all hit record highs

US stocks at open: S&P 500, Nasdaq, and Nvidia all hit record highs

0
Amazon ‘anti-union propaganda,’ employee surveillance loom over labor vote at North Carolina warehouse

Amazon ‘anti-union propaganda,’ employee surveillance loom over labor vote at North Carolina warehouse

0
As Joann Fabrics and JCPenney announce store closings, here’s what’s driving the pattern

As Joann Fabrics and JCPenney announce store closings, here’s what’s driving the pattern

0
From tariffs to DOGE, what companies are saying about the impact of MAGA policies

From tariffs to DOGE, what companies are saying about the impact of MAGA policies

0
US stocks at open: S&P 500, Nasdaq, and Nvidia all hit record highs

US stocks at open: S&P 500, Nasdaq, and Nvidia all hit record highs

June 27, 2025
Nvidia shares continue golden run, hit fresh highs: analysts remain firmly bullish

Nvidia shares continue golden run, hit fresh highs: analysts remain firmly bullish

June 27, 2025
Nike stock rallies 15%: 3 reasons why shoemaker’s shares are rising today

Nike stock rallies 15%: 3 reasons why shoemaker’s shares are rising today

June 27, 2025
Russell 2000 to reach a new all-time high within 5 months: here’s why

Russell 2000 to reach a new all-time high within 5 months: here’s why

June 27, 2025

    Get Smarter with Your Money – Sign Up for Free Financial Tips!


    Join our community of savvy savers and investors! By signing up, you'll receive weekly emails packed with personalized financial tips, budgeting hacks, and investment strategies tailored to your income level. Take control of your finances today – it’s free and only takes a minute!

    Recent News

    US stocks at open: S&P 500, Nasdaq, and Nvidia all hit record highs

    US stocks at open: S&P 500, Nasdaq, and Nvidia all hit record highs

    June 27, 2025
    Nvidia shares continue golden run, hit fresh highs: analysts remain firmly bullish

    Nvidia shares continue golden run, hit fresh highs: analysts remain firmly bullish

    June 27, 2025
    Nike stock rallies 15%: 3 reasons why shoemaker’s shares are rising today

    Nike stock rallies 15%: 3 reasons why shoemaker’s shares are rising today

    June 27, 2025
    Russell 2000 to reach a new all-time high within 5 months: here’s why

    Russell 2000 to reach a new all-time high within 5 months: here’s why

    June 27, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: FinancialTradeFreedom.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 financialtradefreedom.com | All Rights Reserved

    No Result
    View All Result
    • About us
    • Contacts
    • Email Whitelisting
    • Investing and Stock News
    • Privacy Policy
    • Terms and Conditions
    • Thank you

    Disclaimer: FinancialTradeFreedom.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 financialtradefreedom.com | All Rights Reserved