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.
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.
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The Office of Management and Budget rescinded a memorandum halting nearly all federal financial assistance just one day after issuing it.
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 White House Rescinds Order Freezing Federal Grants After Widespread Confusion
President Donald Trump’s budget office on Wednesday rescinded an order freezing spending on federal grants, less than two days after it sparked widespread confusion and legal challenges across the country,
Trump White House rescinds order freezing federal spending, reversing course
The White House order freezing federal grants caused mass chaos and confusion across Washington, appearing to imperil government programs that fund schools, provide housing and en
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 ...
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 ...
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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 ...
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.
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CED Issues Statement on January 2025 Congressional Budget Office Outlook
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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 ...
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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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 ...
Even Progressives Now Worry About the Federal Debt
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.