How the Jeffrey Epstein files could derail Trump's spending cuts for PBS and NPR
But what was expected to pass the lower chamber with relative ease on July 17 has been waylaid by other, unrelated legislative debates, including growing calls to release the Jeffrey Epstein case files.
Lawmakers have until midnight on July 18 to approve the cuts. Otherwise, Trump's official request expires, and current funding that was already approved once previously by Congress remains in place.
In order to meet this deadline, House Republicans have a few final steps to cross − and last-minute hurdles to clear.
Senate swipes Sesame Street dollars
The Senate approved the measure rescinding a combined $9 billion from the Corporation for Public Broadcasting, which funds NPR and PBS, and foreign aid agencies including the World Health Organization and U.S. Agency for International Development.
More: Senate approves cuts to public broadcasting, foreign aid
About $1 billion of that comes from public broadcasting on a network famous for shows like 'Sesame Street,' 'Frontline' and 'Antiques Roadshow.' Local stations, which are much more reliant on federal grants than their national counterparts, are expected to bear the brunt of lost funding.
The bulk of the cuts target foreign aid, including international peacekeeping efforts and certain global health initiatives.
More: Elmo and AIDS prevention: What is Congress targeting in their spending cuts?
The Senate did nix a $400 million cut to global AIDS prevention, after some Republican senators raised concern.
Crypto drama? Check.
The House spent considerable time this week dealing with one major obstacle to taking up the Trump-backed spending cuts: Legislation dealing with cryptocurrency.
More: What's a stablecoin? House passes landmark bills to regulate the cryptocurrency
On July 17, the GOP-led chamber finally passed three bills related to the crypto industry and regulation. But that only happened after several days of disputes between Republicans that pushed those votes later into the week − and kept a vote on the spending cuts stuck waiting in line.
How does Epstein weigh into this?
A recent fallout between Trump and his MAGA base over the administration's Epstein case review has cast a shadow on Capitol Hill and the spending cuts procedure.
Democrats in Congress are leaning on the wedge issue and proposing legislation that calls for the release of documents related to the disgraced financier and sex offender who died in custody in 2019.
More: How do voters feel about Trump team's handling of Jeffrey Epstein case?
Some Republicans say they want more transparency too and are prioritizing those demands ahead of a funding rescission vote. The internal GOP debate over Epstein-related legislation has clogged up the House's voting process even further.
When will the House vote happen?
The House could decide on the cuts to public broadcasting and foreign aid as soon as the evening of July 17.
But if Republican negotiations over forcing an Epstein-related vote drag on, the unrelated funding bill may be punted to July 18, just before the deadline.
This article originally appeared on USA TODAY: Sesame Street, NPR and foreign aid on the chopping block: What's next?
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 minutes ago
- Yahoo
Here is Why ProPetro Holding (PUMP) Plunged This Week
The share price of ProPetro Holding Corp. (NYSE:PUMP) fell by 13.3% between July 11 and July 18, 2025, putting it among the Energy Stocks that Lost the Most This Week. An oil derrick silhouetted against a rising sun with a blue sky in the background. ProPetro Holding Corp. (NYSE:PUMP) is an oilfield services company that engages in the provision of hydraulic fracturing and other complementary services. ProPetro Holding Corp. (NYSE:PUMP) plunged this week following a downturn witnessed in the overall oilfield services sector, amid reports of a slowdown in drilling activity and a broader pullback in exploration and production spending. Analysts expect the sector to post a decline in earnings in the Q2 earnings season, as well as a drop in guidance for the second half of the year. Moreover, investors may also have reacted to ProPetro Holding Corp. (NYSE:PUMP) recently announcing a change in leadership, with Mr. Caleb Weatherl appointed as the company's new CFO on July 14, 2025. Following the recent decline, the share price of ProPetro Holding Corp. (NYSE:PUMP) has plunged by over 42% since the beginning of 2025. While we acknowledge the potential of PUMP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Oil and Gas Dividend Stocks to Buy Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None. Sign in to access your portfolio
Yahoo
15 minutes ago
- Yahoo
Amid the Jeffrey Epstein saga, Rep. James Comer claimed Joe Biden's alleged autopen use was the 'biggest scandal in the history of American politics.'
The MAGA lawmaker overseeing the investigation into former President Joe Biden's autopen use has vowed to probe the former president's judicial appointments. During an appearance on Fox News, Kentucky Rep. James Comer, who leads the House Oversight Committee, said his inquiry would 'look at everything that was signed with the autopen,' including executive orders, pardons, and nominees. 'There were some even nominees in the Biden administration—their paperwork was signed with the autopen at a time when the President's mental fitness is in question,' Comer said last week.
Yahoo
15 minutes ago
- Yahoo
Target downgraded, Dollar Tree upgraded: Wall Street's top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The 5 Upgrades: Barclays upgraded Dollar Tree (DLTR) to Overweight from Equal Weight with a price target of $120, up from $95. The company is positioned to benefit from a trade down by consumes, which will accelerates in the second half of 2025, the firm tells investors in a research note. Morgan Stanley upgraded Pinterest (PINS) to Overweight from Equal Weight with a price target of $45, up from $37. The firm's advertising checks are constructive on Pinterest's improving ad efficiency and performance-driven growth. Morgan Stanley upgraded Etsy (ETSY) to Equal Weight from Underweight with a price target of $50, up from $38. The firm sees a more balanced catalyst path for the shares after they underperformed the S&P 500 Index by 20% over the past year. Seaport Research upgraded both Analog Devices (ADI) and Texas Instruments (TXN) to Neutral from Sell with no price target. While the firm sees "no strong catalysts," it acknowledges that it was "wrong" in its prior thought that the analog inventory cycle was not going to improve and the macro economy was slowing. Monness Crespi upgraded Fiserv (FI) to Neutral from Sell with no price target, telling investors that the firm sees fair value at about $155 per share. The firm's sense is that the market has been looking to revalue the stock as long as the Clover volume trajectory remains above double digits over the medium term and it recommends investors to "be ready" for the next opportunity. Top 5 Downgrades: Barclays downgraded Target (TGT) to Underweight from Equal Weight with an unchanged price target of $91. The firm says that absent a bigger strategic shift, the company's sales will continue to underperform. Needham downgraded Sarepta (SRPT) to Underperform from Hold without a price target. The company late Friday reported receiving an informal request from the FDA to voluntarily halt shipments of Elevidys and that it denied this request, the firm tells investors in a research note. Mizuho, Leerink, and Baird also downgraded Sarepta to Neutral-equivalent ratings, while Deutsche Bank cut its rating on the name to Sell. Truist downgraded Biogen (BIIB) to Hold from Buy with a price target of $142, down from $199, after a transfer in coverage. The stock's discounted multiple versus pees is warranted given the "suboptimal" growth outlook for Biogen's commercial franchise, the firm tells investors in a research note. Argus downgraded Elevance Health (ELV) to Hold from Buy, citing the ongoing pressures on the company's profit margins from medical cost trends in its Medicaid and ACA marketplace businesses. Truist downgraded Royal Caribbean (RCL) to Hold from Buy with a price target of $337, up from $275. Truist has observed a bounce-back in bookings since April's pullback, but when averaging March-early July's year over year bookings, demand pace is only up low-to-mid-single digits, well off the high-teens monthly pace that 2024 averaged, the firm tells investors in a research note. Top 5 Initiations: Loop Capital initiated coverage of Autodesk (ADSK) with a Hold rating and $320 price target. Loop is constructive on Autodesk's long-term prospects but believes the stock's current valuation reflects much of its expected growth and execution improvements. Benchmark initiated coverage of General Motors (GM) with a Buy rating and $65 price target, calling the stock "a compelling opportunity for investors seeking exposure to a durable, cash-generative U.S. industrial franchise with underappreciated upside potential." Oppenheimer initiated coverage of Affirm (AFRM) with an Outperform rating and $80 price target, offering 15% upside potential. The firm argues that Affirm stands out as a leader in the Buy Now, Pay Later space with its advanced underwriting, robust funding strategy, strong merchant relationships, and transparent pricing model. Stephens initiated coverage of Paylocity (PCTY) with an Equal Weight rating and $200 price target. The firm believes the company is well positioned to gain share "while navigating sub-optimal labor market conditions," but believes the valuation reflects expectations of a conservative guide with modest outperformance. Barclays initiated coverage of Kroger (KR) with an Equal Weight rating and $75 price target. The firm is positive on Kroger's post-deal refocus. Barclays also started Sprouts Farmers (SFM) with an Equal Weight and Albertsons (ACI) with an Underweight. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data