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The Office of Management and Budget rescinded a memorandum halting nearly all federal financial assistance just one day after issuing it.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.
White House Rescinds Order That Had Frozen Federal Aid, Official Says
The White House Office of Management and Budget has rescinded a Trump administration directive pausing federal loans, grants and other financial assistance, a White House official said on Wednesday. (Reporting by Jeff Mason and Jasper Ward) Copyright 2025 Thomson Reuters.
White House rescinds freeze on federal grants, in reversal
The White House budget office on Wednesday rescinded an order freezing federal grants, according to a copy of a new memo obtained by The Washington Post, after the administration’s move to halt spending earlier this week provoked a backlash.
White House rescinds federal aid freeze
The White House Office of Management and Budget has rescinded the federal aid freeze, according to a memo obtained by CNN from a Trump administration official.
White House rescission of federal aid freeze memo kicks off confusion and court scrutiny
The Trump administration‘s Office of Management and Budget rescinded its memo to freeze federal aid spending, though it could be blocked in court for a second time after contradictory statements from the White House suggested the freeze could still be in effect.
Democrats urge delay on Trump budget office nominee in response to funding freeze
Senate Democrats are demanding Republicans postpone a vote scheduled for Thursday on Russell Vought, President Trump’s ...
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 ...
White House Budget Freeze Tried to Flip Script on Busted Budget Process
Presidents from both parties, including Trump, have let the budget grow and grow. The White House is trying to make changes ...
Latin Times on MSN7h
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 ...
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.
Morningstar8d
CED Issues Statement on January 2025 Congressional Budget Office Outlook
Founded in 1916, we are a non-partisan, not-for-profit entity holding 501(c)(3) tax-exempt status in the United States ... on-january-2025-congressional-budget-office-outlook-302356604.html ...
E&E1d
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 ...
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 ...
The Washington Post on MSN12d
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’s fiscal health is bleak, with debt and deficits ...
Inside 45 hours of chaos: The brief life and quick death of Trump’s federal spending freeze
The withdrawal of the federal freeze was a stunning about-face for President Donald Trump’s White House, which has so far pushed the envelope to reshape the federal government in Trump’s mold, sowing ...