MoneyWatch By Aimee PicchiAssociate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Re...
By Jordan King is a Newsweek reporter based in London, U.K. Her current focus is on religion, health, food safety and population. She has covered the persecution of religions in the global south, fertility and birth rate issues around the world, multiple disease outbreaks in the U.S.
By Aliss Higham is a Newsweek reporter based in Glasgow, Scotland. Her focus is reporting on Social Security, other government benefits and personal finance. She has previously extensively covered U.S.
WASHINGTON – The White House on Tuesday officially asked Congress to claw back $9.4 billion in already approved spending, taking funding away from programs targeted by Elon Musk's Department of Government Efficiency.
It's a process known as “rescission,” which requires President Donald Trump to get approval from Congress to return money that had previously been appropriated. Trump's aides say the funding cuts target programs that promote liberal ideologies.