Xcel Energy Loses $70m Award in Trump Cuts: Democratic Lawmakers

Oct. 2, 2025, 7:06 PM UTC

Xcel Energy lost $70 million in funding as part of $8 billion in cuts announced yesterday by White House Office of Management and Budget head Russ Vought, according to a list of cuts released by Democratic lawmakers.

  • Democrats on the House appropriations panel give details on the cuts that they say target “Democratic states” in an email

To contact the reporter on this story:
Bryan Pietsch in Washington at bpietsch3@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

Gabriella Borter

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