Federal News Network – More than two decades have passed since Congress last approved a rescission request from a President. Following last week’s approval of $9 billion in funding clawbacks, Office of Management and Budget Director Russ Vought stated that there will be more. Vought also said budgets should be “less bipartisan.” What does this mean for agencies still trying to spend their 2025 funds?
International Development
Trending Now
Mercy Corps will become Prosper Global • US State Dept forms new humanitarian bureau after foreign aid overhaul • Contract Claims 101: Financial Fundamentals, Part 3 • Navigating the Recent Ban on Foreign Ownership for SBA Loans • Policy Commentary: Aid in an Era of Disruption
Are We Entering a New Era in Federal Budgeting?
New Africa | Shutterstock
Stay ahead in international development contracting with daily updates on USAID, global procurement, and foreign assistance with our Development newsletter, delivering up-to-the-minute intelligence Monday–Saturday — Subscribe here.