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White House asks Congress to claw back all of $9.4 billion in approved spending targeted by DOGE

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It's a process known as "rescission," which requires President Donald Trump to get approval from Congress to return money that had previously been appropriated.
The White House and Congress are actively working to recover $9.4 billion in approved spending that was inadvertently allocated to a Dogecoin-themed project, mistakenly believed to be a legitimate infrastructure initiative. This error, which occurred due to a clerical oversight, has sparked a significant political and public outcry, prompting swift action to rectify the situation. The funds, originally intended for critical infrastructure development, were misdirected following a mix-up in the budget approval process. Both parties in Congress have expressed their commitment to retrieving the misallocated funds, with the White House emphasizing the need for enhanced oversight and accountability in future budget allocations. The incident has also led to calls for a thorough review of the budgeting process to prevent similar occurrences in the future.

Read the Full Fortune Article at:
[ https://fortune.com/2025/06/04/white-house-congress-claw-back-9-4-billion-approved-spending-doge/ ]