Published 27 days ago • loading... • Updated 24 days ago

Trump administration directs widespread pause of federal loans and grants

The White House budget office has ordered a pause on all federal grants and loans, which will take effect at 5 p.m. Tuesday and could impact trillions of dollars.
The memo specifies that the pause will not affect Social Security or Medicare benefits, nor does it include assistance provided directly to individuals.
Matthew Vaeth stated that this temporary pause will allow the administration to review agency programs and determine the best uses of funding consistent with the law and the President's priorities.
Democratic lawmakers expressed extreme alarm, stating that the pause will have devastating consequences across the country, affecting payrolls, rent payments, and support for communities.

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The Post Millennial

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