Latest news with #federalfunds
New York Times
7 days ago
- Business
- New York Times
Trump Asks Congress to Claw Back $9 Billion for Foreign Aid, NPR and PBS
The White House formally asked Congress on Tuesday to claw back more than $9 billion in federal funds that lawmakers had already approved for foreign aid and public broadcasting, seeking to codify spending cuts put forward by Elon Musk's Department of Government Efficiency. In a package compiled by the Office of Management and Budget, officials outlined 22 programs targeted by President Trump in executive orders and by DOGE. The bulk of the rollbacks — $8.3 billion — are aimed at foreign aid spending. The rest — $1.1 billion — would rescind funding for the Corporation for Public Broadcasting, which funds NPR and PBS. The proposal comes as the White House has aggressively challenged Congress's power of the purse and made clear it is willing to steer around the legislative branch to unilaterally control federal spending. In this case, though, the administration is going through normal channels and asking Congress to go along with its efforts to redirect federal money. Lawmakers can approve such a measure by a simple majority vote in both chambers. Republican lawmakers have argued that it is important for Congress to codify spending cuts that were already enacted by the Trump administration by executive order. 'This rescissions package reflects many of DOGE's findings and is one of the many legislative tools Republicans are using to restore fiscal sanity,' Speaker Mike Johnson said on Tuesday. 'Congress will continue working closely with the White House to codify these recommendations, and the House will bring the package to the floor as quickly as possible.' The last time the Trump administration asked lawmakers to pull back federal funds they had already approved, during Mr. Trump's first term, the effort failed after two Republican senators joined Democrats to defeat what had been a largely symbolic effort. Want all of The Times? Subscribe.
Wall Street Journal
29-05-2025
- Business
- Wall Street Journal
Live Q&A: Trump Takes on Harvard—Ask WSJ Your Questions
President Trump has taken on Harvard University, the oldest and one of the most prestigious universities in the country. His latest broadside seeks to end federal contracts with the school. His administration has pulled billions in federal funds from the university, threatened its tax-exempt status and is trying to block the school from enrolling international students.
Bloomberg
27-05-2025
- Business
- Bloomberg
NY Wins Bid to Stop US From Withholding Funds Over Congestion
By and Michelle Kaske Save New York won a temporary freeze on potential Trump administration moves to withhold federal approvals or funds for the state's transportation projects, as the president tries to end Manhattan's congestion pricing program. The administration has threatened to hold back the funds and permissions unless New York stops charging tolls to drive into the borough's heavy-traffic zone. US District Judge Lewis Liman on Tuesday granted a request by the Metropolitan Transportation Authority for a court order barring such efforts by the government for now.
Wall Street Journal
25-05-2025
- Politics
- Wall Street Journal
Harvard Digs In for Battle, but Trump's Blows Are Landing
As President Trump escalated his attacks against Harvard University, its board resolved to fight. Trustees discussed whether to sue or pursue deal talks after Trump first targeted the university in March. But as the president lobbed bomb after bomb at the school—pulling billions in federal funds, threatening its tax-exempt status, and now trying to block it from enrolling international students—the group stood firm.
Yahoo
24-05-2025
- Business
- Yahoo
CT is receiving $7M from EPA for cleanup of several brownfield sites. Here are towns on the list.
Connecticut is receiving nearly $7 million in federal funds to help clean up its brownfield sites, with advocates haling the news as a major boost for the environment. Brownfields are abandoned or underused properties, often industrial or commercial, where redevelopment is complicated because of hazardous substances, pollutants or contaminants in the soil. There are dozens of these sites scattered across the state, according to officials. The grants will help fund assessments of brownfields, a revolving loan fund and cleanup grants. The funds come from the U.S. Environmental Protection Agency Brownfields Program. The program began in 1995 and has provided nearly $2.9 billion in brownfields grants to assess and clean up contaminated properties and return blighted properties to productive reuse. As part of the overall $7 million, approximately $3.2 million are assessment grants, which will provide funding for brownfield inventories, planning, environmental assessments and community outreach. The other $3.75 million is part of revolving loan fund grants to help continue the work to carry out cleanup and redevelopment projects on contaminated brownfields sites. Supplemental funding for revolving loan fund grants is available to recipients that have depleted their funds and have viable cleanup projects ready for work, according to officials. 'Today's brownfields announcement reflects EPA's commitment to clean air, land, and water for every American,' said EPA regional administrator Mark Sanborn. 'From rural towns to urban centers, we are helping communities across New England clean up contaminated sites and unlock new opportunities for economic growth and revitalization. Through partnerships with states, local governments, and the private sector, we're returning blighted properties to productive use — and showing that a clean environment and economic development can go hand in hand.' On Friday, the Connecitcut Department of Energy and Environmental Protection announced the applicants who are being awarded funding. The Capitol Region Council of Governments has been selected to receive $750,000; DEEP has been selected to receive $2 million for a brownfields community-wide assessment grant for states and tribes; Connecticut Metropolitan Council of Governments has been selected to receive $1 million in supplemental funding for its revolving loan fund program; Naugatuck Valley Council of Governments has been selected to receive $2 million in supplemental funding for its Brownfields Revolving Loan Fund program; and Southeastern Connecticut Council of Governments has been selected to receive $1.2 million to lead a Brownfields Assessment Coalition Grant. Among the sites that will benefit from the funding are the Collinsville Axe Factory in Canton, the Excelsior Plant and the Torrington and E. Farrel Corporation property in Ansonia, and the Connecticut Sports Group and Davidson Block properties in Bridgeport, officials said. 'DEEP congratulates the Capitol Region, Metropolitan, Naugatuck Valley, and Southeastern Councils of Governments on earning EPA brownfield grants. We are also proud to receive a $2 million Community-Wide Assessment Grant for Connecticut,' said DEEP commissioner Katie Dykes. 'This funding will promote the cleanup of contaminated sites, turning long-abandoned properties into community assets that support public health, environmental safety and economic development. It's a win for cleaner neighborhoods, stronger local economies and a more affordable, vibrant future.' An interactive map showing brownfields in Connecticut can be found here. For information on brownfields, go to Stephen Underwood can be reached at sunderwood@
