Latest news with #U.S.SenateAppropriationsCommittee
Time of India
6 days ago
- Business
- Time of India
'What's the point of reciprocity then?': GOP Sen Kennedy corners Lutnick over Trump's tariff policy
During a fiery moment at the U.S. Senate Appropriations Committee hearing, Republican Senator John Kennedy grilled Commerce Secretary Howard Lutnick over the logic of U.S. tariff policy. When Kennedy asked if the U.S. would drop its tariffs should Vietnam do the same, Lutnick flatly replied, 'Absolutely not. That'd be the silliest thing we could do.' Kennedy fired back, questioning the very basis of reciprocal trade policy: 'Then what's the point of reciprocity?' The tense exchange highlighted deep GOP scepticism over the Trump administration's trade stance and drew attention to widening divisions over tariff strategy and economic fairness in global markets. Show more Show less
Yahoo
02-05-2025
- Health
- Yahoo
Trump budget proposal calls for deep cuts to NIH
WASHINGTON (NEXSTAR) – The U.S. Senate Appropriations Committee highlighted this week the harms of potential Trump administration cuts to the National Institutes of Health in an attempt to stop them. U.S. Sen. Cindy Hyde-Smith (R-Miss.) advocated for the University of Mississippi Medical Center's efforts to become a National Cancer Institute-designated center. Currently, there are none in her state or surrounding ones, including Louisiana and Arkansas. 'This situation requires Mississippians to travel distances for advanced cancer care,' said Hyde-Smith. 'As your neighbor, I understand the cancer burdens that your state experiences very, very well,' said Dr. Barry Paul Sleckman, the director of the O'Neal Comprehensive Cancer Center at the University of Alabama at Birmingham, which does have the NCI designation. Sleckman told the committee potential funding cuts would slow these opportunities for new research and treatments. 'Those will have to stay holding for a longer period of time,' he said. The Trump administration unveiled its 2026 budget proposal Friday, which calls on Congress to slash the overall NIH budget nearly in half, from about $48 billion to $30 billion. 'There have not been any actual cuts,' said NIH Director Dr. Jay Bhattacharya. Instead, Bhattacharya said the agency is going through 'a reprioritization.' 'To focus on the diseases actually inflicting the American people,' he said. 'So it's not to take away money. It's quite the opposite.' The budget proposal maintains $27 billion for NIH research but did not detail the funds. The U.S. Senate Health Committee is holding a hearing on the president's budget Wednesday, where HHS Secretary Robert F. Kennedy Jr., who oversees the NIH, plans to testify. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
