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The GAO identified more than 10,000 grants that had remained active within one major payment systems, even though the grants were clearly inactive or past the end date of the grant period. [ 2 ] There is a financial cost associated with maintaining a grant in an open status, as opposed to closing the grant in a timely manner.
The Senate approved a slimmed-down, temporary government spending plan early Saturday morning, averting a shutdown of the federal government. The legislation now goes to President Joe Biden for ...
Federal awards may specify a time period during which the recipient may use the assistance. This is called the Period of Availability of Federal Funds. [5] Most grants have a term of one year (although some may have a longer lifespan, even indefinitely), and the recipient must use the assistance within that timeframe.
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.
Congress must act to fund the government by midnight on Friday or risk a shutdown. With the House back at the drawing board, the clock is ticking. Senate Republicans weigh in on new government ...
A sign on the door to the FDR Library & Museum's Wallace Visitor Center indicates that due to the government shutdown, the facilities are closed on December 24, 2018.