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Senate Republicans seek congressional nod for DOGE spending cuts by Musk

Business Standard LogoBusiness Standard12h ago

Senate Republicans seek congressional nod for DOGE spending cuts by Musk - Business Standard

Quick Summary:

Republicans said Musk offered no specific figure for the amount of spending DOGE has identified as evidence of waste, fraud and abuse.

The rescission process, which Congress established in 1974, allows presidents to cancel allocated funds through legislation approved by simple majorities in Senate and House of Representatives.

House Speaker Mike Johnson seemed open to the possibility, telling reporters: "We'll do whatever the White House requests.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-06 @ 09:45:14 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 769 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26689606

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 280 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Senate Republicans seek congressional nod for DOGE spending cuts by Musk" was covered 12 hours ago by Business Standard, a news publisher based in India.

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