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Ticker: Congress approves Trump’s $9 billion cut to public broadcasting and foreign aid

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The House has approved President Donald Trump’s request to claw back about $9 billion for public broadcasting and foreign aid. And other business stories in brief.
The House has approved President Donald Trump’s request to claw back about $9 billion for public broadcasting and foreign aid. Democrats argued that the Republican administration’s animus toward foreign aid programs would hurt America’s standing in the world and create a vacuum for China to fill. The White House argued that the cuts best served the taxpayer and would incentivize other nations to do more to address humanitarian crises.

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