Trump administration orders pause on all federal grants and loans

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Trump administration orders pause on all federal grants and loans

^{Published on 2025-01-28 14:40:53 - kxlf}

The White House is taking drastic measures to control trillions of federal dollars by ordering a freeze on all federal grants and loans so the Trump administration can review government spending.

The article from KXLF News discusses an action taken by the Trump administration during its first 100 days in office. On January 20, 2017, the Trump administration issued a memo directing a temporary halt on all new federal grants and loans. This directive was part of a broader effort to review and potentially reform how federal funds are allocated. The pause was intended to ensure that taxpayer dollars are spent wisely and effectively, aligning with the administration's policy goals. This move was met with mixed reactions; supporters viewed it as a necessary step to curb wasteful spending, while critics expressed concerns over potential delays in funding for essential services and programs. The memo specifically targeted new applications for grants and loans, leaving existing commitments untouched.

Read the Full kxlf Article at:
[ https://www.kxlf.com/politics/president-trumps-first-100-days/trump-administration-orders-pause-on-all-federal-grants-and-loans ]

N@N

Trump administration orders pause on all federal grants and loans