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Frustration emerges among GOP spending ‘cardinals’ as conservatives push for cuts on July 30, 2023 at 10:00 am Business News | The Hill

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The House Republicans who craft the conference’s government funding bills are showing signs of frustration as hard-line conservatives pressure leadership for further cuts to spending that some worry could be too aggressive.

Some of the 12 Appropriations subcommittee chairs — the so-called cardinals — told reporters that they are struggling to see where those additional cuts could come from, as September’s shutdown deadline looms.

“I just don’t see the wisdom in trying to further cut to strengthen our hand. I don’t know how that strengthens our hand,” Rep. Steve Womack (R-Ark.), a House Appropriations subcommittee chairman, said of conservatives’ push to further cut the already-scaled-back spending bills.

“I do think it puts some of our members in a very difficult spot, particularly those in tough districts, because they’re going to be taking some votes that become problematic,” he added.

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The House left Washington for a long summer recess Thursday after being forced to punt a bill to fund agriculture and the Food and Drug Administration. 

Conservatives are dug in on their demand for steeper spending cuts, to the chagrin of moderates who are wary of slashing funding even more. The chamber has passed just one appropriations bill, funding military construction and the Department of Veterans Affairs.

The internal divisions are gripping the party as time is running out: The House has just 12 days in September to move the remaining 11 appropriations measures and hash out their disagreements with the Senate, which is marking up its spending bills at higher levels, setting the scene for a hectic fall that could bring the U.S. to the brink of a shutdown.

Those dynamics are putting GOP appropriators in a bind, leaving them searching for ways to appease conservative requests without gutting their spending bills.

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“We’ve done a lot of cuts, a lot of cuts,” House Appropriations Committee Chairwoman Kay Granger (R-Texas) told The Hill this week. “And so if it’s cuts just for cut’s sake, I don’t agree with it. But if it’s something that we can do without, that’s fine.”

 ‘Not a lot of wiggle room left’

Republican appropriators in the House announced earlier this year that they would mark up their bills for fiscal 2024 at fiscal 2022 levels, as leaders sought to placate conservatives who thought the debt ceiling deal struck by President Biden and Speaker Kevin McCarthy (R-Calif.) earlier this year didn’t do enough to curb spending. 

The Senate is crafting its bills more in line with the budget caps agreed to in the deal, but House Republicans are already fuming about a bipartisan deal in the upper chamber that would allow for more than $13 billion in additional emergency spending on top of those levels.

House GOP negotiators also said they would pursue clawing back more than $100 billion in old funding that was allocated for Democratic priorities without GOP support in the previous Congress. 

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While that move drew support from hard-line conservatives, the right flank was far from pleased when it heard appropriators planned to repurpose that old funding — known as rescissions — to plus-up the spending bills.

In a letter to McCarthy earlier this month, a group of hard-line conservatives called for all 12 appropriations bills to be in line with fiscal 2022 spending levels “without the use of reallocated rescissions to increase discretionary spending above that top-line.”

Otherwise, the 21 lawmakers threatened, they would vote against the measures. But that request could prove difficult for GOP appropriators to fulfill.

Rep. Mario Diaz-Balart (R-Fla.), chairman of the panel that proposes funding for the Department of State and foreign operations, said that appropriators are already “dramatically reducing spending,” suggesting that there are not too many remaining areas to trim from.

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“My bill is below the 2016 levels,” he said, later adding, “When you’re below the 2016 level — and we’re still confronting China — I think there’s not a lot of wiggle room left.”

“It’s a challenge, but I think we’ll get through it. I really do,” he added. 

Rep. Mike Simpson (R-Idaho), who heads the subcommittee that oversees funding for the Environmental Protection Agency and the Department of Interior, scoffed at the idea of even steeper cuts to his bill.

“Then you just drop it on the floor and stomp on it. What else do you do with it?” he told reporters. “You can’t make logical cuts in there.”

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Republicans appropriators are voicing optimism that the conference will be able to sort out its differences on spending, but some also hope their levels will stick — even though they include rescissions.

Rep. Chuck Fleischmann (R-Tenn.) — whose panel handles funding for the Department of Energy, which is proposing offsetting billions of dollars in spending with clawbacks — said it would be “extremely difficult” to craft his bill without the rescinded funds.

“And given our priorities in my bill, national defense with the nuclear weapons portfolio, nuclear cleanup, Army Corps including, all the community-directed fundings, I feel good about my bill, and I hope my numbers hold,” he said.

“Because it’s gonna have to be in negotiations with the Senate and the White House as well,” he added. 

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Womack — whose subcommittee crafts funding for the IRS and the Treasury Department — said he doesn’t think “moving the goalposts on these numbers is helpful in strengthening our ability to negotiate with the Senate.”

August preparations for a busy September

Frustrations among appropriators are bubbling up as Congress inches closer to the fall, when lawmakers are facing a Sept. 30 deadline to approve funding or risk a government shutdown.

With time running out, some House lawmakers say conversations may continue over the long August recess to try to hash out remaining differences.

“We’ll have to see,” Rep. Chip Roy (R-Texas) said when asked about potential plans for talks between leaders and House Freedom Caucus members over the break. “I mean, we got a lot of work to do.” 

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“I think a lot of work [has] got to be done behind the scenes,” he said. “If not, you know, here — You gotta beg the question about whether we should be gone for six weeks. We should be getting our job done.”

Rep. Bob Good (R-Va.) echoed that sentiment, saying “I would think so” when asked if lawmakers will have conversations over the break.

Adding to the August workload, House Majority Leader Steve Scalise (R-La.) suggested earlier this week that bicameral negotiations could take place over the weeks-long recess as lawmakers stare down the shutdown deadline.

Not all Republicans, however, are viewing a shutdown as a risk.

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During a House Freedom Caucus press conference this week, Good said “we should not fear a government shutdown,” claiming that “most of what we do up here is bad anyway; most of what we do up here hurts the American people.”

But that perspective does not jive with the view of McCarthy, who declared Thursday: “I don’t want the government to shut down.”

Multiple Republicans are ultimately expecting Congress to eventually pass what’s known as a continuing resolution (CR), or a measure that temporarily allows the government to be funded at the previous fiscal year’s levels, to prevent a lapse at the end of September. 

But they also understand the task could be difficult in the GOP-led chamber, where Republicans aren’t happy about the idea of continuing funding at the current levels — which were last set when Democrats held control of Congress.

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“I think there’s a very good chance that we’ll see a CR, but I know there’s a lot of work to get a CR done,” Rep. Robert Aderholt (R-Ala.), another appropriator, said Thursday, noting there are “a lot of members that don’t want CRs that are tired of them.” 

But Aderholt suggested a CR could notch sufficient GOP backing if there’s a larger plan in sight that the party can support. 

“The Speaker’s been very good about having a plan,” he said, adding, “I think that’s what he’s good at, and I’m optimistic that he can come up with something.”

Emily Brooks contributed.

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​House, Appropriations, Business, News The House Republicans who craft the conference’s government funding bills are showing signs of frustration as hard-line conservatives pressure leadership for further cuts to spending that some worry could be too aggressive. Some of the 12 Appropriations subcommittee chairs — the so-called cardinals — told reporters that they are struggling to see where those additional cuts…  

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Paramount Seals $7.7B Deal for Exclusive UFC Streaming Rights

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Paramount Global has secured the exclusive U.S. rights to the Ultimate Fighting Championship (UFC) in a groundbreaking deal worth $7.7 billion over seven years, beginning in 2026. This agreement marks a major shift in UFC’s distribution, moving away from the traditional pay-per-view model currently offered by ESPN to a new streaming-focused strategy centered on Paramount’s platform, Paramount+. All 43 annual UFC live events, including 13 major numbered events and 30 Fight Nights, will be available exclusively on Paramount+ at no additional cost to subscribers, with select marquee events also simulcast on the CBS broadcast network.

The deal comes just days after Paramount completed its merger with Skydance Media and represents the company’s first major sports rights acquisition under its new leadership. Paramount CEO David Ellison emphasized the uniqueness of partnering exclusively with a global sports powerhouse like UFC, highlighting the move as a key part of Paramount’s strategy to enhance viewer engagement and grow its streaming subscriber base.

For UFC, the deal ends the pay-per-view model common in the sport, greatly increasing accessibility for fans and potentially expanding the sport’s U.S. audience. The contract also doubles the yearly average payment compared to the $550 million ESPN currently pays, reflecting the growing value and popularity of UFC content.

TKO Group Holdings, UFC’s parent company, sees this agreement as a milestone in their decade-long growth, with TKO’s CEO Ari Emanuel affirming trust in Paramount’s vision to leverage technology to improve storytelling and the viewing experience.

This landmark deal reflects the rapidly evolving sports media landscape, with streaming services increasingly vying for premium content to attract and retain subscribers. Paramount’s move to bring UFC to its platform exclusively is a strong statement of commitment to live sports as a vital driver of engagement in the streaming age.

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Key Points:

  • Paramount secured UFC U.S. media rights for $7.7 billion over 7 years, starting 2026.
  • UFC events will be exclusively streamed on Paramount+, ending ESPN’s pay-per-view model.
  • The deal includes 13 major numbered events and 30 Fight Nights annually.
  • Some marquee events will also air on CBS broadcast TV.
  • The yearly payment doubles ESPN’s previous contract.
  • The deal was announced shortly after Paramount’s merger with Skydance.
  • Paramount aims to use UFC to boost Paramount+ subscriber growth and engagement.
  • TKO Group (UFC parent company) supports the deal and foresees enhanced tech-enabled storytelling.
  • Streaming services continue to disrupt traditional sports broadcasting models.
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Apple’s Historic $600 Billion Bet on American Jobs

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Apple has dramatically increased its commitment to American industry, announcing a monumental $600 billion investment earmarked over the next four years. The initiative, unveiled on August 6, 2025, represents a new high-water mark for domestic technology manufacturing, with sweeping implications for jobs, industrial infrastructure, and America’s position in global tech supply chains.

What Is the $600 Billion Investment For?

The $600 billion commitment is the result of Apple’s expanded American Manufacturing Program (AMP), designed to build advanced supply chains, expand domestic part production, and increase manufacturing of key product components within the U.S. The plan includes:

  • Expanding partnerships with U.S.-based suppliers: Apple is doubling down with companies like Texas Instruments, Corning Inc., Applied Materials, and more. This network will help manufacture everything from silicon wafers to advanced display glass for the iPhone and Apple Watch.
  • Building an end-to-end silicon supply chain: The program is on track to produce over 19 billion chips for Apple in 2025 in 24 factories across 12 states, spearheaded by sites in Arizona (TSMC), Texas, and other tech hubs.
  • Investing in rare earths and sustainable materials: Partnerships like the one with MP Materials will ensure Apple sources American-made rare earth magnets and develops a new recycling facility for critical materials in California. This bolsters U.S. supply chain security for components core to Apple devices.
  • Data center and campus expansions: Apple is growing its U.S. campus footprint with new data centers in Iowa, Nevada, Oregon, and the continued construction of a second Austin campus, which includes research and development labs for next-generation hardware and software teams.
  • Job creation and workforce development: The investment is expected to support more than 450,000 jobs among Apple employees, suppliers, and partners across all 50 states. In Texas alone, Apple is adding significant operations and facilities, reinforcing the region’s status as a tech manufacturing leader.

Context: Why Now?

Pressure from tariffs, the need for robust supply chain security, and high-level policy incentives have accelerated Apple’s plans. The announcement, made jointly by Apple CEO Tim Cook and President Donald Trump at the White House, was widely seen as both a response to geopolitical uncertainty and a strategic move to align with domestic manufacturing priorities.

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The Broader Economic Impact

  • Onshoring advanced manufacturing: Apple’s massive increase in domestic production is expected to incentivize further onshoring by other tech giants and their suppliers.
  • Supplier expansion: Ten major U.S. companies will benefit from expanded product lines, job growth, and capital investment.
  • Shareholder confidence: Following the announcement, Apple’s stock price rose nearly 6% as markets responded positively to the alignment with U.S. policy and supply chain resilience.
  • Long-term tech leadership: By solidifying an American silicon supply chain and supporting green energy at new data centers, Apple is positioning itself—and the U.S.—at the forefront of advanced manufacturing for devices and AI infrastructure.

What’s Next?

With construction underway at new and expanded facilities, the effects of Apple’s program are already rippling across sectors from semiconductors to advanced glass manufacturing. The commitment sets a new industry standard for investment in American innovation, job creation, and technological self-sufficiency.

In summary, Apple’s $600 billion investment is reshaping the future of U.S. manufacturing. It marks a strategic shift toward domestic resilience that could redefine what “Made in America” means for technology in the years ahead.

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Netflix Breaks Ground on Massive New Studios in New Jersey

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Netflix is making a bold move to reshape the future of filmmaking on the East Coast by breaking ground on a state-of-the-art production campus at Fort Monmouth, New Jersey. This ambitious project represents a landmark $1 billion investment to transform a 292-acre former U.S. Army base into a powerhouse film and television hub unlike anything else in the region.

The Vision: Hollywood of the East

The new Netflix Studios Fort Monmouth campus will feature 12 cutting-edge soundstages, covering nearly 500,000 square feet, along with extensive backlot areas, post-production suites, and administrative offices. The site will also introduce community amenities, such as potential fitness centers, child care, and other local businesses, integrating the facility with the surrounding neighborhoods.

While the proximity to New York City gives Netflix direct access to the rich talent pool and resources of the Northeast, the New Jersey location benefits from significant state support. The project leveraged $387 million in Aspire tax credits and competitive media production incentives—up to 35% for production costs and 40% for digital post-production.These factors, combined with enthusiastic backing from local governments, helped Netflix realize this vision and outmaneuver traditional film capitals like Los Angeles.

Economic and Social Impact

Netflix’s investment is expected to be a game-changer for the Garden State. The studio complex is projected to:

New Jersey leaders, including Governor Phil Murphy, have hailed the studio as a return to the state’s roots as the “birthplace of the motion picture industry,” following the legacy of Thomas Edison. The move further solidifies New Jersey’s reputation as a hotspot for entertainment innovation.

Construction Timeline

Demolition and site preparation at Fort Monmouth began in May 2025, with a targeted opening in 2028. The first phase includes building a production campus for actors and crew, plus the first four soundstages, with the remaining infrastructure rolled out as additional approvals come in. This phased approach ensures the studio will grow alongside the region’s job market and production needs.

Rethinking Film Production

Netflix’s East Coast flagship isn’t just about size—it’s about a new model of movie-making. The company is exploring live experiences, immersive sets, and a hybrid campus concept complete with restaurants and attractions themed around signature Netflix content10. All of this signals Netflix’s commitment to not just creating content, but building a vibrant creative ecosystem.

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The Big Picture

As fierce competition reshapes the streaming wars, Netflix’s investment in New Jersey is both a business decision and a cultural statement. Owning physical production facilities gives the streaming giant more control over costs, schedules, and creative output, while helping revitalize local economies and provide new opportunities for American workers.

Netflix Studios Fort Monmouth is poised to help New Jersey reclaim its status as a leading force in cinema—ushering in a new era, one blockbuster at a time.

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