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Home » Trump freezes financial support, except for social security and med care payments.
USA

Trump freezes financial support, except for social security and med care payments.

adminBy adminJanuary 28, 2025No Comments4 Mins Read0 Views
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Details were included in the legal instructions announced by the Administration Budget Bureau on Monday.

The Trump administration has frozen almost all federal loans, subsidies, and other financial support since the afternoon of Tuesday, according to the OMB (OMB).

The only exception is social security and med care payments, according to the note note of the OMB agency director, Matthew Vaeth distributed on Monday.

“This memo should not be interpreted as an impact on med care and social security benefits,” said the OMB memo, which supervises the federal budget.

The order also revealed that the financial support that people receive directly is not included in the suspension of the subsidy and the federation of assistance.

Furthermore, OMB “can issue new prizes and give exceptions that enable other measures in case -by -case basis” and “federal government agencies You can take specific management measures such as closed out … or the obligation to be explicitly required by law, such as recording. “

Ordinances that can potentially affect the billion dollar or hundreds of millions of subsidies to state and local governments are subsidized while deciding whether the Trump administration is consistent with Trump priority. He stated that money and loan would be on hold. This includes the order that he signed last week to end diversity, fairness, and inclusion (DEI) programs last week.

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Vaeth wrote in a memo that using federal resources to confront the president’s agenda is “is a waste of taxpayers who do not improve the daily lives of the people we serve.”

Freeze contains money intended for “for foreign aid” and “non -governmental organization” in other categories.

“Use of federal resources to promote the fairness of Marxist, transgender, and green New Deal’s social engineering policy is a waste of taxpayers who do not improve our daily lives.” I said the memo. Online with multiple news outlets on Monday.

The OMB memo also stated that the federal government spent nearly $ 10 trillion in FY2024 and spent more than $ 3 trillion for financial support such as subsidies and loans.

After taking office last week, Trump issued a rapid increase in presidential orders on federal programs and staffing. He paused all DEI programs and foreign assistance, imposed employment, and fired the president’s appointment.

OMB order freeze will come into effect on Tuesday at 5:00 pm. Until February 10, the federal agency must submit information on programs that may be suspended under the delegation.

Democrats strongly oppose

The Democratic Party criticized the order late on Monday.

In a letter to the OMB, Senator Patty Malay (D-Wash) and Rose Delaulo (D-Conn) said that this movement brought “catastrophic results nationwide.” They should be unified.

“We are writing today to support you in order to support the law and the Constitution today, and to promote you with as powerful conditions as possible so that all federal resources are provided according to the law,” the Democratic Party. I wrote it in the letter. To make the requirements enacted in the law faithfully filled up and implement the national expenditure law as intended. “

During the 2024 campaign and the victory in the election, Trump, including in December 2024, said to the NBC News, “We are not touching the program”, and has changed to med care and social security. I have repeatedly stated that I do not add.

A few months ago, in March, he told Brightbart, “I will not do anything to expose social security and medical care or damage it.” 。

The first payment of social security, which increased by 2.5 % due to inflation pressure from January, has occurred for millions of Americans. The Social Security Bureau (SSA) stated that retired people would see average an average of about $ 50 per month under changes.

Reuters contributed to this report.



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