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On January 27, 2025, memo M-25-13 was released by Matthew Vaeth, acting director for the Office of Management and Budget (OMB). [1] [2] The memo said that the federal government of the United States in fiscal year 2024 spent over $3 trillion in federal "financial assistance, such as grants and loans", criticized the usage of "resources to advance Marxist equity, transgenderism, and [Green New ...
In the United States, federal grants are economic aid issued by the United States government out of the general federal revenue. A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States.
(The Center Square) – States, universities, nonprofits and lawmakers were left confused Tuesday after a memo from the White House paused federal grants, loans and other financial assistance ...
On the domestic side, the federal government issues grants for everything from road building to scientific research. It is unclear which categories will be affected. While the directive is broad ...
The sweeping halt, which encompasses a slew of longstanding government assistance disbursements including foreign aid, was set to go into effect Tuesday at 5 p.m.
In the United States, federal assistance, also known as federal aid, federal benefits, or federal funds, is defined as any federal program, project, service, or activity provided by the federal government that directly assists domestic governments, organizations, or individuals in the areas of education, health, public safety, public welfare, and public works, among others.