President Donald Trump unveiled his budget request for fiscal year 2026, proposing drastic cuts amounting to $163 billion in foreign aid, energy and environmental protection, and education — while raising defense spending to over $1 trillion.
Read More Trump Calls For Major Spending Cuts In First 2026 Budget Proposal Of Second TermTag: foreign aid
Treasury Secretary Bessent Meets With Milei, Praises Argentina’s Economic Reforms
United States Treasury Secretary Scott Bessent has met with Argentinian President Javier Milei and his economic team, praising the country’s market-friendly government policies.
Read More Treasury Secretary Bessent Meets With Milei, Praises Argentina’s Economic ReformsFederal Judge Halts Trump And Musk’s Attempt To Dismantle USAID, Challenging DOGE Cuts
A federal judge ruled on Tuesday that Elon Musk likely acted unconstitutionally with his directive to dismantle the U.S. Agency for International Development (USAID), also halting the Department of Government Efficiency (DOGE) from making anymore cuts to the agency.
Read More Federal Judge Halts Trump And Musk’s Attempt To Dismantle USAID, Challenging DOGE CutsRubio: 83% Of USAID Programs Set For Cancelation
Secretary of State Marco Rubio announced on Monday that 83% of the U.S. Agency for International Development’s (USAID) programs are set to be canceled.
Read More Rubio: 83% Of USAID Programs Set For CancelationSCOTUS Rejects Trump Administration Bid To Halt $2B In Foreign Aid Payments
On Wednesday, a slim majority of the Supreme Court overturned an injunction that had been preventing the Trump administration from paying nearly $2 billion in “past-due foreign aid funds.”
Read More SCOTUS Rejects Trump Administration Bid To Halt $2B In Foreign Aid PaymentsUSAID Inspector General Dismissed Days After Criticizing Trump Admin’s Aid Pause
The Trump administration announced that they have fired the inspector general of the U.S. Agency for International Development (USAID), which is currently being accused of widespread fraud and money laundering, after the Department of Government Efficiency (DOGE) discovered a slew of wasteful initiatives that were being funded by U.S. tax dollars.
Read More USAID Inspector General Dismissed Days After Criticizing Trump Admin’s Aid Pause