US Plans to Build Boat Repair Facility Near South China Sea
The US Naval Facilities Engineering Systems Command issued last week a public solicitation for the design and construction of the new facility at Oyster Bay in the western province of Palawan, Washington's embassy in Manila said in a statement Wednesday.
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Fox News
13 minutes ago
- Fox News
Podcast host urges for ‘more transparency' on Gabbard, DNI findings
'The Drill Down' podcast host Peter Schweizer and The Federalist editor-in-chief Mollie Hemingway discuss the origins of the Russia collusion narrative and more on 'Sunday Morning Futures.'
CBS News
43 minutes ago
- CBS News
Vought won't rule out more rescissions funding cuts before September
Office of Management and Budget Director Russell Vought said his office is considering more options to claw back funding approved by Congress and isn't ruling out sending more bills to lawmakers with further cuts before September. Vought confirmed on CBS News' "Face the Nation with Margaret Brennan" Sunday that "we are looking to do [a] rescissions package" to take back some funding from the Education Department. A rescissions bill is the president's request to rescind funding already appropriated by Congress. Last week, President Trump signed a bill clawing back foreign aid, NPR and PBS funding, becoming the first president in decades to receive approval for such a measure. "We're thrilled that we had the first rescissions package in decades, and we've got the process moving again," Vought said of the $10 billion clawback. Asked to confirm there'd be no rescissions package before September, as Congress attempts to fund the government and head off a shutdown, Vought responded, "Not here to say that. We're looking at all of our options, we will look at it and assess where the Hill is, what are the particular funding opportunities that we have?" Asked about National Institutes of Health funding for research into heart disease and cancer that has yet to be released, Vought replied, "We're going through the same process with the NIH that we did with the education." He alleged NIH had wasted funds, claiming "$2 million for injecting dogs with cocaine that the NIH spent money on, $75,000 for Harvard to study blowing lizards off of trees with leaf blowers." He vowed to go "line by line to make sure the NIH is funded properly" and said funding would be released "when we are done with that review." Vought's use of rescissions measures to amend government spending is seen by Democrats and some Republicans as a backdoor method of infringing on Congress' constitutional power of the purse. "Rescissions is just a Washington name for double cross," Democratic Sen. Chris Van Hollen of Maryland, also on "Face the Nation," said after Vought's interview on the program. "They support one thing one day — the president even signs off — and then they come back and say they change their mind." But the OMB director argued, "We have the ability and the executive tools to fund less than what Congress appropriated" under the Impoundment Control Act, which enables the president to delay spending funds appropriated by Congress, and he didn't rule out a legal battle over the executive branch's authority to revise lawmakers' spending downward, if it "could find waste" by an agency. Vought has also caused GOP Senate Majority Leader John Thune some headaches with a comment he made Thursday suggesting the appropriations process must be "less bipartisan." But this put Thune in a bind as he oversees negotiations to avoid a government shutdown in October, since Republicans hold a slim majority of 53 - 47 in the Senate, and most legislation must reach a 60-vote threshold. "It's going to take 60 to fund the government," Thune said in response to Vought's remark, and he added, "we plan to move [appropriations] bills that will have cooperation from the Democrats." Van Hollen said it was ironic that Vought is "calling for these deep cuts to education, NIH, when he has asked for an increase for his OMB budget." And referring to reduction-in-force — or RIF — staff cuts the administration wants across the government, Van Hollen added, "He asked for a 13% increase for his OMB budget. He's asked for more people to join the OMB staff while he's talking about RIF-ing people at other departments." The Maryland senator said that Democratic senators, as they negotiate funding government operations, are "asking for four Republican senators just to publicly declare that when they say they're gonna fund the Veterans Affairs Department, that they actually mean it."
Wall Street Journal
an hour ago
- Wall Street Journal
Don't Rule Out a Rate Hike
This week's meeting of the Federal Open Market Committee could see at least one member register a dissenting vote. At a speech on July 17, Christopher Waller, a Trump appointee to the Federal Reserve Board, said, 'I believe that the Federal Open Market Committee should reduce our policy rate by 25 basis points at our next meeting.' Mr. Waller may be joined by another Trump appointee, but the remaining FOMC members are almost certain to recommend no change in the target rate. That's unfortunate. At least someone on the committee should say the Fed might have to raise its target rate at some point during the year. It could happen.
