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Senate Republicans agreed Tuesday to revise Trump’s $9.4 billion rescissions package, according to NBC News. They dropped $400 million in proposed cuts to the PEPFAR HIV/AIDS program in an effort to win enough support ahead of a Friday deadline. The change was made to secure a simple majority in the Senate after several Republicans opposed cuts to the program. Most of the proposed cuts target foreign aid, with \$1.1 billion also slashed from the Corporation for Public Broadcasting, which funds PBS and NPR. Some Republicans objected, citing the importance of those stations for rural communities that depend on them for emergency alerts. GOP leaders hope to pass the bill through a fast-track, filibuster-proof process, though it's unclear if they have the 51 votes needed.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Senate Republicans agreed Tuesday to revise Trump's $9.4 billion rescissions package,
00:08according to NBC News. They dropped $400 million in proposed cuts to the PEPFAR HIV AIDS program
00:14in an effort to win enough support ahead of a Friday deadline.
00:18The change was made to secure a simple majority in the Senate after several Republicans opposed
00:23cuts to the program. Most of the proposed cuts target foreign aid, with $1.1 billion
00:29also slashed from the Corporation for Public Broadcasting, which funds PBS and NPR.
00:34Some Republicans objected, citing the importance of those stations for rural communities that
00:39depend on them for emergency alerts. GOP leaders hope to pass the bill through a fast-track
00:44filibuster-proof process, though it's unclear if they have the 51 votes needed.
00:49For all things money, visit Benzinga.com.

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