Trump’s $9.4B Spending Cuts Advance Amid Backlash
The House has advanced President Trump’s proposed $9.4 billion federal spending cuts, moving the controversial plan closer to law. Based on recommendations from the Department of Government Efficiency (DOGE), the package allows the White House to withhold funds already approved by Congress.
Agencies like USAID and the Corporation for Public Broadcasting (funding PBS and NPR) are among the main targets. While Wednesday’s vote passed along party lines, the final vote faces pushback—even within the GOP—due to public support for the affected programs.
Originally part of the GOP’s “Big, Beautiful Bill,” the plan had to be revised to pass Senate reconciliation rules. Some parts were removed after the Senate parliamentarian flagged them.
DOGE Firings Disrupt Federal Operations
Since Trump’s return, DOGE has cut thousands of federal jobs, crippling services like weather forecasting and drug approvals. Many agencies lost entire teams, and efforts to reverse the damage have been complicated by legal challenges.
On Valentine’s Day, thousands of probationary employees were let go. A judge later ordered reinstatements, but the Supreme Court blocked another, leaving agencies stuck between rulings. Many former employees don’t want to return, deepening staffing shortages.
Musk Fallout, Tesla Slump Add to Tensions
After quitting the administration, Elon Musk criticized Trump’s fiscal policies. Musk lost 25% of his wealth, and Tesla's stock fell 33%, as buyers distanced themselves from his political ties.
Now, agencies like the FDA, IRS, and State Department are scrambling to rehire—often reposting jobs they just eliminated. The White House is asking remaining staff to fill multiple roles or work overtime.
Despite passing the House, the bill faces a tough road in the Senate, especially if more Republicans break ranks.
#TrumpTariffs #Tradersleague #BinanceHODLerRESOLV #trump #BTC110KSoon?
Trade and buy from here: