The White House will no longer move forward with a proposal to cut billions of dollars in foreign aid that was allocated in the latest congressional budget deal, according to a senior administration official.

The Office of Management and Budget was expected to release a package this week calling for cuts in $4.3 billion in foreign aid through a process known as rescission. But the plan was taken off the table amid pushback from some top administration officials and lawmakers in Congress, the official said.

Secretary of State Mike Pompeo Michael (Mike) Richard PompeoWatchdog confirms State Dept. canceled award for journalist who criticized Trump Trump's push for win with Sudan amps up pressure on Congress Putin nominated for Nobel Peace Prize MORE and Treasury Secretary Steven Mnuchin Steven Terner MnuchinThe Hill's Morning Report - Sponsored by Facebook - Republicans lawmakers rebuke Trump on election On The Money: Anxious Democrats push for vote on COVID-19 aid | Pelosi, Mnuchin ready to restart talks | Weekly jobless claims increase | Senate treads close to shutdown deadline Vulnerable Democrats tell Pelosi COVID-19 compromise 'essential' MORE were among those encouraging President Trump Donald John TrumpFederal prosecutor speaks out, says Barr 'has brought shame' on Justice Dept. Former Pence aide: White House staffers discussed Trump refusing to leave office Progressive group buys domain name of Trump's No. 1 Supreme Court pick MORE to at least scale back the cuts, and Democrats and Republicans alike had expressed concerns that any potential rescissions package could threaten a budget deal reached last month.

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"The president has been clear that there is waste and abuse in our foreign assistance and we need to be wise about where U.S money is going. Which is why he asked his administration to look into options to doing just that. It’s clear that there are many on the Hill who aren’t willing to join in curbing wasteful spending," a senior administration official told The Hill.

Rep. John Yarmuth John Allen YarmuthPelosi, Democrats unveil bills to rein in alleged White House abuses of power GOP, White House struggle to unite behind COVID-19 relief House seeks ways to honor John Lewis MORE (D-Ky.), the chairman of the House Budget Committee, celebrated the decision as "a win."

"The Constitution grants Congress the power of the purse, and we will not cede that authority to this Administration and their constant executive overreach," he tweeted.

Speaker Nancy Pelosi Nancy PelosiDemocratic senator to party: 'A little message discipline wouldn't kill us' Overnight Health Care: New wave of COVID-19 cases builds in US | Florida to lift all coronavirus restrictions on restaurants, bars | Trump stirs questions with 0 drug coupon plan Overnight Defense: Appeals court revives House lawsuit against military funding for border wall | Dems push for limits on transferring military gear to police | Lawmakers ask for IG probe into Pentagon's use of COVID-19 funds MORE (D-Calif.) argued in a statement that the plan was "clearly illegal," would have harmed national security and violated the "good faith" of a recent deal to raise spending caps.

“It is important for us all to recognize first and foremost our national security interests and Congress’s Constitutional power of the purse as was acknowledged in a bipartisan way in the rescission discussion, as we move forward in the upcoming budget negotiations,” she said.

Trump told reporters earlier this week that the White House was in talks with members of both parties about the foreign aid. He was noncommittal about whether he would follow through in seeking the cuts, but indicated he would be willing to make smaller requests than initially expected.

"Certain things it probably could be, you know, a pennywise. Maybe it’s a pennywise," he said. "We’ll see. But we are looking at it."

Last year, Congress rejected a broader request by the administration to rescind funds as the fiscal year drew to a close.

Politico first reported that the rescissions proposal would not move forward.

Appropriators in Congress had worried that the rescission request would freeze the funds through the end of the fiscal year on Sept. 30. Certain proposed cuts remain frozen for a set period unless Congress acts to reject the request.

Sen. Lindsey Graham Lindsey Olin GrahamLincoln Project mocks Lindsey Graham's fundraising lag with Sarah McLachlan-themed video The Hill's Morning Report - Sponsored by Facebook - Republicans lawmakers rebuke Trump on election Trump dumbfounds GOP with latest unforced error MORE (R-S.C.), a close Trump ally, had called the proposed cuts "concerning," while Democrats such as House Appropriations Committee Chairwoman Nita Lowey Nita Sue LoweyTop House Democrats call for watchdog probe into Pompeo's Jerusalem speech With Biden, advocates sense momentum for lifting abortion funding ban Progressives look to flex their muscle in next Congress after primary wins MORE (D-N.Y.) decried what she called "the Trump administration’s continued efforts to illegally withhold funding that Congress has approved."

— Niv Elis contributed

Updated: 5:19 p.m.