WASHINGTON—President Donald Trump on Aug. 28 requested Congress to rescind $4.9 billion in appropriated funds for foreign aid spending.
The funds were allocated to the Department of State and the U.S. Agency for International Development (USAID)—which is in the process of being closed by the Trump administration—during the Fiscal Year 2025 appropriations process.
“Last night, President Trump cancelled $4.9 billion in America Last foreign aid using a pocket rescission,” the Office of Management and Budget, a cabinet-level agency in the Executive Office of the President, wrote on X on Aug. 29.
The term “pocket rescission” refers to such requests made within 45 days of a fiscal year’s expiry, which is always Sept. 30, meaning that the funds won’t be released as they will normally expire with the fiscal year….