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- 1Trump moves to claw back nearly $1 billion in approved funding●Trump seeks to cancel nearly $1B in congressionally approved funds
President Trump is seeking to cancel close to $1 billion in funds already approved by Congress, a process known as a rescission that requires congressional approval to take effect. The move puts the White House on a collision course with lawmakers from both parties, who control federal spending under the Constitution and have previously resisted similar attempts to unwind appropriations.