Action: Proposed Rescissions of Budgetary Resources (May 28, 2025) What it does: The White House transmitted to Congress a package of 22 proposed rescissions of funding, mostly for fiscal year (FY) 2025, totaling $9.4 billion in spending cuts to various State Department programs, the Corporation for Public Broadcasting (CPB), the United States Agency for International Development (USAID), the United States Institute of Peace, and other international assistance programs. Some of the largest rescissions include: $900 million for USAID Global Health Programs that fund child and maternal activities and HIV/AIDS control and prevention, including the President’s Emergency Plan for AIDS Relief (PEPFAR) started under President George W. Bush; $800 million for migration and refugee assistance; $1.65 billion for Economic Support Fund programs that address economic development needs abroad; $437 million for International Organizations and Program funding that largely goes to the United Nations; $2.5 billion for USAID development assistance programs; $460 million for international assistance to Europe, Eurasia, and Central Asia; $496 million for international disaster assistance; and $535 million in annual advance appropriations that CPB received for both FY2026 and FY2027, for a total of almost $1.1 billion in cuts to the CPB.Key Insights
FTC Settlement Affects Drug Pricing Practices and Reshoring
February 12, 2026
Japanese Election Promises Greater Political Stability
February 10, 2026
Federal Appeals Court Strikes Down Airline Fee-Disclosure Rule
February 10, 2026
Health Policy Reforms in Final FY2026 Budget
February 05, 2026
Partial Government Shutdown Ends
February 03, 2026
Risk of Partial Government Shutdown Increases
January 28, 2026