White House Budget Office Orders Pause in All Federal Loans and Grants
The full extent of the order was not immediately clear, but the directive sent to government agencies on Monday threatened to paralyze a vast swath of federal programs.
Congressional Democrats take victory lap over OMB rescinding aid freeze memo
The Office of Management and Budget rescinded a memorandum halting nearly all federal financial assistance just one day after issuing it.
White House budget office rescinds memo ordering funding freeze after chaos
The White House memo issued late Monday led to chaos and confusion as to what programs would be impacted by the freeze.
Democrats sue White House budget office over federal grant freeze
A coalition of Democratic state attorneys general announced legal action against the White House budget office Tuesday over its directive to freeze federal assistance while reviewing whether
Trump White House rescinds freeze memo on federal grants, ending feud with Congress
The Trump administration reversed its policy to freeze grants and loans while officials evaluated whether spending met the president's priorities.
Trump Administration Rescinds Funding Freeze Ahead of Court Hearing
The Trump administration on Wednesday rescinded a sweeping directive to pause federal loans, grants and other financial assistance, a White House official said, just shortly before it was set to appear in court for a second straight day to defend the policy.
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Marjorie Taylor Greene Says 'We Still Do Not Have a Plan on Budget Reconciliation' After 2 Days at 'Phenomenal Resort' Trump Doral
After two days at the House Republican winter retreat, Rep. Marjorie Taylor Greene expressed frustration over a lack of ...
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
US To See Rising Debt, Deficit In Next Decade: Budget Office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
Democrats urge delay on Trump budget office nominee in response to funding freeze
Senate Democrats are demanding that Republicans postpone a vote scheduled for Thursday on Russell Vought, President Trump’s ...
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CED Issues Statement on January 2025 Congressional Budget Office Outlook
released the following statement on the new projections from the Congressional Budget Office (CBO): Over the next decade, mandatory spending on Social Security and Medicare and paying interest ...
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States go after Trump funding pause in court
The pause takes effect at 5 p.m., and agencies have been instructed to provide OMB “detailed information” on affected programs by Feb. 10. The states’ lawsuit — which will also be joined by the ...
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Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government ... the full faith and credit of the United ...
New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
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Congressional Republicans Prefer Being a Doormat
Robert F. Kennedy Jr., President-elect Donald Trump's pick to be secretary of Health and Human Services, arrives for a ...